CBI member De Montfort University (DMU) announced that it plans to open a flagship business school on its U.K. campus thanks to its unique partnership with Hong Kong-based Sunwah Foundation.
The Dr. Jonathan KS Choi Business School will be based in the 800-year-old Leicester Castle in Leicester in the U.K., which is being refurbished specifically to house the new school. It will be a leading European business centre with an emphasis on entrepreneurship, the creative industries, and sports management.
The Dr. Jonathan KS Choi Business School will be home to stellar academics, world-class research, and aims to attract the brightest students from around the globe. A principal is being recruited now, and the first students will begin courses in 2016.
The business school is named after Dr. Jonathan KS Choi, owner of the multi-national conglomerate Sunwah Group, which is based in Hong Kong. Dr Choi has enjoyed a long and fruitful relationship with DMU via the Sunwah International Business School, based at Liaoning University in mainland China.
Since 2004, DMU academic staff have worked with Liaoning University helping to prepare students for study in Leicester. This has resulted in more than 1,000 alumni working in China today with close links to DMU and Leicester.
Dr Choi said: “This innovative partnership between Sunwah, DMU, and Leicester City Council aims to create a world-class business school in the setting of Leicester Castle, one of Leicester’s most significant historical locations. It is my ambition that future global business leaders will be educated right here in the Leicester Castle.”
Professor Dominic Shellard, Vice-Chancellor of DMU, said the business school would be the university’s flagship, drawing on DMU’s core strengths in the creative industries and its global approach to education. He said, “Dr. Jonathan Choi is one of our university’s strongest supporters. Our shared vision of creating academic excellence that is recognised throughout the globe has led to the creation of the Dr Jonathan KS Choi Business School. The Great Hall of Leicester Castle is a landmark building which, with this innovative partnership between DMU, the City Mayor, and Sunwah, will be restored for the benefit of our staff and students, as well as for the citizens of Leicester.”
The business school will bring together students from around the world to learn the very best practices of education, business, and innovation from Europe and China. It will integrate closely with the university’s sector-leading #DMUglobal programme to offer students an international experience as part of their studies.
DMU will be the first UK university to embed actively a specific international experience into every undergraduate degree programme, preparing students for today’s increasingly global marketplace.
On a visit to DMU earlier this year, CBI Director-General John Cridland praised #DMUglobal, stating, “In a global economy, the ability to recruit talented graduates with an international outlook and foreign language skills will be vital to ambitious British businesses eager to export to new, dynamic markets across the world.”
CBI member British Airways announced that, to help Chinese visitors explore and experience London in a short timeframe, it has put together its top list of places to visit and things to do. With careful planning, visitors can enjoy a memorable visit to London in two days.
British Airways’ Commercial Manager for North and West China, Summer Zhu, said, “To get the most out of your time in London, we have suggested a range of different activities. Some of our suggestions are free and for others you don’t even need to book in advance. Use our tips to plan your own bespoke itinerary to get a real taste of London.”
British Airways’ tips include:
Watch the Changing of the Guard: Don’t miss this colourful spectacle of British pageantry which takes place daily outside Buckingham Palace at 11.30am from April until the end of July. For the rest of the year it takes place on alternate days. The famous ceremony sees one regiment taking over the duty of guarding the Sovereign from another. It’s free to watch through the palace gates and attracts thousands of visitors each year.
Grab a bargain at Camden market: Combine shopping and people watching at one of London’s biggest markets, attracting more than 100,000 visitors every weekend. It’s an eclectic mix of cool independent stalls and stores selling unique clothes and items you won’t find anywhere else.
Ride the Coca-Cola London Eye: Bag the best view of the city with a half-hour ride on the iconic 443 foot-tall Coca-Cola London Eye observation wheel. Board one of the glass pods to enjoy a 360-degree view of London. Splash out extra cash to sip champagne at the same time!
Watch a Premier League football match: Football fans are spoilt for choice with five Premier League football teams based in the capital: Arsenal, Chelsea, Crystal Palace, Tottenham Hotspurs, and West Ham United. Time your visit to catch a glimpse of the world’s biggest stars in action. You can buy tickets directly from the club and avoid ticket touts.
Treat yourself at the historic Harrods store: Luxury department store Harrods is a British institution with a 150-year history of selling luxury goods and is a must-see on your visit to London. Harrods is famous for its lavish celebrity endorsements, vast food hall, and iconic green bags.
Enjoy a picnic in Hyde Park: Pack up your lunch and dine al fresco in Hyde Park—one of the capital’s eight Royal Parks, covering a huge 350 acres. It’s home to famous landmarks including the Serpentine Lake, Speakers' Corner, and the Diana, Princess of Wales Memorial Fountain. Other activities on offer include open water swimming, boating, cycling, tennis, horse riding, and live music festivals.
See a West End show: With more than 40 theatres in the capital, there’s always a show to catch with tickets available on the day from official sellers. Choose from popular musicals such as ‘Les Misérables’ to plays like ‘The Curious Incident Of The Dog In The Night-time’.
Take in Chinatown: London’s original Chinatown was in the East End but moved to the bustling heart of Soho in the 1950s, where it has become one of the city’s most popular places for visitors. Marvel at street performers, dine in one of its many restaurants or just soak up the atmosphere.
Brave a Jack The Ripper walking tour: The gruesome ‘Jack the Ripper’ serial killer mystery of 1888 is one of the most famous in the world. Re-live the grim tale with the help of a ‘ripperologist’ tour guide, who will take you to some of the most infamous murder spots.
Dine at Borough Market: Food fans flock to Borough Market to sample the finest street foods on offer, cooked fresh every day and sold from stalls. Name a food or drink and chances are you’ll be able to sample it at Borough, from paella to pies, champagne to cider—it has it all.
Hire a ‘Boris’ bike: The Undergound isn’t the only way to get around London. For a few pounds you can hire one of the thousands of bikes available to self-hire all around the capital. The city is full of cycle lanes, and there are even free guided ride tours every day. Just be careful if you take to the roads without a helmet.
Tour the Natural History Museum: From dinosaurs to massive mammals, explore the amazing diversity of life on Earth all under one roof. The Natural History Museum’s dinosaurs are world famous, including its giant roaring T. rex. The Natural History Museum is also home to the first T. rex fossil ever found.
British Airways currently offers daily flights from Beijing and Shanghai to London, and five flights a week in the summer schedule from Chengdu to London.
It is the only airline to offer a four-cabin service from Shanghai and Beijing to London and operates a Boeing 787 Dreamliner on its direct service between Chengdu and London.
CBI member SABMiller released its preliminary results for the year ended on 31 March 2015, reporting that, in China, its associate CR Snow maintained national leadership, supported by a return to volume growth in the final quarter of its financial year. SABMiller received the first dividend from CR Snow, amounting to US$228 million.
CBI member The University of Nottingham announced that graduation ceremonies for the eighth cohort of graduates were held at the University of Nottingham Ningbo China (UNNC).
More than 1,200 UNNC undergraduates celebrated completing their courses. Many will migrate to cities across the world to study postgraduate qualifications.
Provost Professor Nick Miles said, “This was a special year for UNNC, the culmination of our 10th anniversary celebrations. In just a decade, UNNC has made remarkable progress, and now, in 2015, we have a thriving university with more than 6,600 students; we have a multi-faculty community; we have a strong research base; we have vibrant business partnerships; we have a loyal alumni community; and we are very much part of the community here in Ningbo. This all bodes well for a very bright future.”
CBI member Airbus announced that China Aviation Supplies Holding Company (CAS) had signed a General Terms of Agreement (GTA) with it for 45 A330 Family aircraft as well as a Memorandum of Understanding (MOU) for options for 30 A330s.
The agreements reflect the continuous popularity of the versatile A330 Family in the world’s fastest-growing market. The GTA and the MOU were signed in Paris by Fabrice Brégier, Airbus President and CEO, and Li Hai, President and CEO of CAS, in the presence of visiting Chinese Premier Li Keqiang and French Prime Minister Manuel Valls.
At present, the in-service Airbus fleet with Chinese operators comprises over 1,150 aircraft (over 980 A320 Family aircraft, over 150 A330 Family aircraft, and five A380s).
CBI members have endorsed the appointment of Paul Drechsler CBE as the President of the UK’s largest business organisation at its Annual General Meeting in London.
Mr. Drechsler, Chairman of the Bibby Line Group and Chairman of the Board of Teach First, succeeds Sir Mike Rake, Chairman of BT Group plc, to become the 26th CBI President since 1965.
Paul Drechsler, CBI President, said:
“It is a great honour to be appointed CBI President at this important time for the United Kingdom’s economy.
“Sir Mike has been an outstanding President, helping to steer the business agenda through some challenging waters and proudly championing issues like equipping our young people with the right skills and education to succeed, the strength of the UK’s internal market and the benefits of our relationship with Europe.
“I’m looking forward to getting my feet under the desk, helping to power productivity and making sure our young people get the right education and skills to help them succeed in the economy of the twenty-first century. We also want to see a stronger UK at the top table of a reformed EU and to help people in all parts of the country feel the real benefits of growth.
“The CBI will have an important role to play in shaping well-informed public debate on business issues. I look forward to carrying Sir Mike’s work forward, and to working with all my new colleagues to make sure the voice of business continues to be plainly heard.”
John Cridland, CBI Director-General, said:
“It’s a great pleasure to welcome Paul to the CBI as our new President. His passion and excitement for the world of business, coupled with the breadth of his experience, from Britain to Brazil, will be of tremendous value to us.”
Mr. Drechsler is Chairman of the Liverpool-based Bibby Line Group, prior to which he was Chief Executive of the construction firm, Wates Group, from 2006 until 2014.
Before joining Wates, he worked for chemical manufacturer, ICI plc, in a variety of senior international roles, in Teeside, Brazil, the USA and the Netherlands. He was a Main Board Director of the company from 1998 to 2003.
He is Chairman of the National Skills Funding Agency, and Chairman of the Board of the charity, Teach First. He is a board member of Business in the Community and Chairman of its Education Leadership Team, and also sits on the Advisory Board of the School of Business, Trinity College Dublin.
In February 2015, he was made an Honorary Commander of the Order of the British Empire (CBE) for services to the construction industry.
13 June 2015
Notes to Editors:
The CBI President plays a leading role in the organisation’s advocacy work, meeting with ministers and senior civil servants, promoting British business internationally and chairing the CBI Board. The role of President is an unpaid post, and lasts for a term of one year, which is renewable for one further consecutive year.
Across the UK, the CBI speaks on behalf of 190,000 businesses of all sizes and sectors which together employ nearly 7 million people, about one third of the private sector-employed workforce. With offices in the UK as well as representation in Brussels, Washington, Beijing and Delhi, the CBI communicates the British business voice around the world.
CBI member MasterCard announced the appointment of two Co-Presidents for the Asia/Pacific region—Ling Hai and Ari Sarker.
The reorganisation is in recognition of the growing importance of Asia/Pacific as a whole as it houses two of the region’s biggest markets—China and India—and reflects a more focused approach for these diverse markets.
Ling Hai will oversee Northeast Asia and Australasia. He was most recently Group Executive of Enterprise Development, International Markets for MasterCard. Ling Hai joined MasterCard in 2010 as Division President of Greater China and has over 22 years of industry experience, including in financial services and consulting, across a number of markets.
Ari Sarker will lead the Southeast Asia and South Asia region. He has been with MasterCard for over four years and was most recently MasterCard’s Division President for South Asia and Country Corporate Officer, India.
He also has over 22 years of experience spanning thefinance, commercial, and M&A sectors in senior management roles across key markets in the Americas, Europe, and the Asia-Pacific region. Both Ling Hai and Ari will be based in Singapore.
Anne Cairns, President, International Markets, MasterCard, said, “We see enormous potential for the Asia/Pacific region, and with this new regional reorganisation we intend to further build on our already strong business momentum across the overall geography. Both Ling Hai and Ari have a strong and successful track record in MasterCard, and we look forward to them leading the next wave of growth for us."
CBI member BP celebrated the official start-up of the Phase 3 PTA plant of Zhuhai Chemical Co., enhancing its position in the purified terephthalic acid (PTA) market and its long-term commitment to China. BP Zhuhai, in which BP and Zhuhai Port Co. hold an 85% and 15% respectively, is the leading Sino-foreign joint venture producing and marketing PTA in China.
The completed Phase 3 plant, with a design production capacity of 1.25 million tonnes per year, is the world’s largest single train PTA unit.
Commenting on the investment in Zhuhai, Edward Yang, President of BP China, said, “BP Zhuhai is a good example of our long-term commitment in Guangdong province, which accounts for a large proportion of our investment in China.
We look forward to playing a greater and more active role in the progression of the ‘Green Guangdong Agenda’ by providing our significant experience and expertise in clean energy and energy efficiency.”