New chair of finance at IIM-A

MUMBAI: Edelweiss Financial Services, India’s leading diversified financial services group, has signed a memorandum of understanding with the Indian Institute of Management, Ahmedabad (IIM-A), to set up the Edelweiss Term Chair of Finance that will help IIM-A set up a corpus fund for the purposes of research and for higher levels of learning in the areas of finance within the Institutio
"Today's complex world of finance is ever-changing, highly inter-connected, with inter-linkages across business, government and society,” said Rashesh Shah, chairman and CEO, Edelweiss Group.“There is a clear need for collaboration between industry and academia in order to develop new thought, new ways of looking at things and to ably spot, understand and smartly navigate the emerging winds of change. Having experienced first-hand the thought leadership that IIM-A provides, led to the decision to endow the Edelweiss Chair of Finance. The chair aims to support faculty for research around higher levels of learning in the areas of finance, markets and economy."
The financial markets have grown considerably in size, complex and inter-connectedness, therefore, there is need for more new thought and research emerging from India on the new areas we see within finance such as quantitative finance, financial economics and insurance.
“We are delighted to partner with Edelweiss through establishing the Edelweiss Term Chair in Finance. The partnership will help us do valuable research that will help create a positive impact on financial services in the country.” said Prof. Ashish Nanda, director, IIM-A.