IMPACT Magazine Issue 4

Page 55

RECENT VISITORS TO THE SCHOOL • 55

/ Student Experience

RECENT VISITORS TO THE SCHOOL The School is well connected with excellent links to business, governing bodies and international institutions. These links benefit both staff and students in many ways such as guest lectures and research insight. The following are just a small sample of recent activity. Durham-EBS Executive MBA students visit Durham in January Students on the Durham-EBS Executive MBA programme attended Durham University Business School in January 2018. The students came to the School to undertake the Improving Management Decision Making module. They had a busy schedule of lectures, group work and consultations as well as an array of activities planned to ensure that their visit to Durham was a varied experience. María Peralta, one of the students who visited Durham, and also Manager Membership Compliance at Star Alliance GmbH, said: “One of the outstanding characteristics of the Durham-EBS EMBA is the opportunity to study in both the German and UK system and to live both experiences. Now that we are here for our second residential week in Durham, it is a pleasure to meet Durham students and staff once again, explore the historic buildings and enjoy the modern classroom facilities, while completing our final core module. It is definitely a unique combination.”

Dr Mohieldin said: “Islamic finance can help deliver muchneeded solutions. Its ability to enhance financial stability, promote financial inclusion and drive sustainable development could spark transformative change across the region. To realise this potential, Islamic finance, no less than its conventional counterpart, needs an appropriate enabling environment, one characterised by a level playing field, an adequate regulatory framework and effective partnerships.” Marco Migueis of the Federal Reserve System Marco Migueis, Principal Economist on the Federal Reserve System Board of Governors, visited the Centre for Banking, Institutions and Development (CBID) February 2018 to meet with staff and students, and held a seminar on operational risk capital. Marco is a principal economist at the Division of Supervision and Regulation of the Federal Reserve Board. He has represented the Board at Basel Committee’s working groups on operational risk and liquidity, and led analytical work on the development of the new standardized approach for operational risk capital. During his visit, Marco presented a paper titled ‘Forward-looking and incentive-compatible operational risk capital framework’ in a seminar delivered to Durham academics and students. Designing an operational risk capital framework has proved challenging for the Basel Committee on Banking Supervision (BCBS) and banking regulators around the world. Marco’s talk highlighted the drawbacks in the current operational risk capital models and put forward a proposal for an incentive-compatible mechanism that elicits forward-looking projections of loss exposure. MBA students explore sustainability challenges with GoodBrand and Nestle Nespresso Dean Sanders and Mike Thompson of GoodBrand, and Julie Reneau of Nestlé Nespresso, visited the School to run a sustainability and innovation workshop with the School’s Fulltime MBA students.

Dr Mahmoud Mohieldin, Senior Vice President at the World Bank Group Dr Mahmoud Mohieldin, Senior Vice President at the World Bank Group and a member of the School’s Advisory Board, visited the School to discuss the ‘Sustainable Development Goals and the Role of Islamic Finance’. Dr Mohieldin is the Senior Vice President at the World Bank Group and is responsible for the ‘2030 Agenda, Sustainable Development Goals, and UN Relations and Partnerships’ portfolio. Because of his previous capacities, Dr Mohieldin also has extensive experience in the area of Islamic finance.

Dean (Founder and Chairman, GoodBrand), Mike (CEO, GoodBrand) and Julie (Sustainability Strategy and Stakeholder Relationship Manager, Nestlé Nespresso) worked with Professor of Business Ethics Geoff Moore to deliver a segment of the Full-time MBA module Sustainability, Ethics and Change. GoodBrand is an impact-led innovation consultancy that works with brands to effectively manage long-term business challenges related to sustainability. The workshop with students involved exploring GoodBrand’s Nespresso case study, in which they helped the business to assess continuity risks in their supply chain and to create a commercially sound model for the future. Image: Dr Mahmoud Mohieldin on his visit to the School.


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