This has been an amazing week.
As readers of this blog know, I have been awaiting a confirmed announcement from Deutsche Bank about one of our graduates, Anshu Jain, who received his MBA from the University of Massachusetts Amherst in 1985.
Now it is official and Deutsche Bank has announced in a press release that Dr. Josef Ackerman, who has been at its helm for 10 years, is retiring and co-chairmen have been selected: Anshu Jain and Juergen Fitschen. As my colleague in the Finance and Operations Management Department, Professor Sanjay Nawalkha, who is now in India told me, Jain's selection has been front page news in India (and, I expect, will be at least front page business news soon in the US). You can read more about Mr. Jain here.
Also, Hina Rabbani Khar, a graduate of our Hospitality & Tourism Management Program, was last week sworn in as Pakistan's Foreign Minister (essentially Pakistan's Hillary Clinton). She is this country's first female foreign minister and, at age 34, its youngest. You can read more about her here. The media in the Asian subcontinent has been heavily covering her appointment to this high position.
The Isenberg School of Management houses seven departments: my Department of Finance and Operations Management, the Accounting Department, the Management Department, the Marketing Department, as well as the Sports Management Department, the Hospitality & Tourism Management Department, and the Resource Economics Department. It is under the leadership of Dean Mark Fuller, who became our new Dean on August 1, 2009. He is also the holder of the Thomas O'Brien Endowed Chair (named after our long serving Dean whose hard work resulted in the naming and expansion of our School of Management).