{"id":253772,"date":"2017-06-28T12:32:13","date_gmt":"2017-06-28T16:32:13","guid":{"rendered":"http:\/\/www.rochester.edu\/newscenter\/?p=253772"},"modified":"2017-06-28T12:32:13","modified_gmt":"2017-06-28T16:32:13","slug":"rajesh-wadhawan-professorship-supports-research-development-economics-253772","status":"publish","type":"post","link":"https:\/\/www.rochester.edu\/newscenter\/rajesh-wadhawan-professorship-supports-research-development-economics-253772\/","title":{"rendered":"Rajesh Wadhawan Professorship supports research in development economics"},"content":{"rendered":"

Wadhawan Global Capital (WGC), a Mumbai-based financial services company, has fulfilled a $1.5 million commitment to the Simon Business School<\/a><\/strong> to establish the Rajesh Wadhawan Professorship. Named in memory of the company\u2019s founder, the professorship will focus on research in development economics.<\/p>\n

The gift reflects the late Rajesh Wadhawan\u2019s personal interest in empowering societies through fair access to credit. It will provide support for a full-time faculty member at the Simon Business School to conduct research and develop curricula that furthers the understanding of economic problems in developing countries.<\/p>\n

\u201cThe Wadhawan family is committed to giving back to society in meaningful ways through strategic research and analytics,\u201d says Simon Business School Dean Andrew Ainslie. \u201cThis is a natural partnership that will allow us to increase our focus on development economics and provide life-changing opportunity for underprivileged populations worldwide. We are deeply grateful to the entire Wadhawan family, and WGC, for their generosity and foresight.\u201d<\/p>\n

Last week, Rajesh\u2019s widow Aruna Wadhawan, their son and WGC Chairman Kapil Wadhawan, and Kapil\u2019s wife and children traveled from India to attend a plaque dedication ceremony in Rochester. Speaking on behalf of the family, Kapil said, \u201cThe Rajesh Wadhawan Professorship is a tribute to our founder\u2019s legacy of doing business with meaningful purpose. Development economics, particularly providing the disadvantaged with the credit needed to purchase their own homes, is something that was very close to his heart.\u201d<\/p>\n

Founded in 1973, WGC has more than 10 million customers and an asset base of $18.6 billion. The Rajesh Wadhawan Professorship will increase WGC\u2019s global reach as they continue to deliver transformative socioeconomic change in a profitable business model.<\/p>\n","protected":false},"excerpt":{"rendered":"

The gift to the University’s Simon Business School reflects the late Rajesh Wadhawan\u2019s personal interest in empowering societies through fair access to credit.<\/p>\n","protected":false},"author":972,"featured_media":253782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[18612,11316,10406],"class_list":["post-253772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-university-news","tag-announcements","tag-gift","tag-simon-business-school"],"acf":[],"yoast_head":"\nRajesh Wadhawan Professorship supports research in development economics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rochester.edu\/newscenter\/rajesh-wadhawan-professorship-supports-research-development-economics-253772\/\" 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