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27 April 1999
Edmond Israel Foundation to Sponsor Students from Central European Countries
The Edmond Israel Foundation today announced that it would sponsor four students from central Europe and provide them with the opportunity to study for the Masters in Business Administration (MBA) at INSEAD, Fontainebleau.
A number of potential candidates will be nominated by INSEAD and a Selection Committee, drawn from among the directors of the Foundation, will finalise the selection process. The Foundation is a non-profit making organisation and one of its key aims is to support and promote research and study by way of providing financial assistance and scholarship to promising individuals; this sponsorship project makes a significant overall contribution to the Foundation’s purpose.
André Lussi, Chairman Edmond Israel Foundation commented:
'We are delighted to offer four young people the opportunity to enter the MBA programme at INSEAD and recognise that such individuals are our future, the intellectual capital on which tomorrow’s societies will be built. This project will make a direct contribution to an expanding regional Europe; this is wholly complementary to the Foundation’s purpose.'
For further information, please contact:
David Cowan or Yolande Theis
Cedel International, Luxembourg
Tel: +352 45 11 03 20
Fax: +352 45 11 08 226
Email: yolande.theis@cedelinternational.com
David Hardy or Paul Vann
Binns & Co Public Relations Limited, London
Tel: +44 171 786 9600
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Note to Editors
The Edmond Israel Foundation was created by Cedel International on 19 September 1990 in honour of Edmond Israel, upon his retirement after twenty years as Chairman of Cedel International’s Board of Directors.
The Foundation is a non-profit making organisation dedicated to the research and promotion of ideas of cultural, scientific, political and economic importance in the context of Europe. Its aim is to work both within the framework of a changing Europe and to advance European thinking elsewhere in the world, thereby making a high quality contribution to the ongoing debates of our times and exploring themes of freedom, social responsibility and cultural identity. It aims to support and promote research and study and provide financial assistance and scholarship to promising individuals. Apart from commissioning studies, such as The Proposed Directive on Harmonisation of Taxation of Interest Payments published in January 1999, the Foundation presents the 'Vision for Europe' award annually in recognition of outstanding achievement and contribution to Europe. The 1998 recipient was HE Mr Jean-Claude Juncker, Prime Minister of Luxembourg and previous recipients were HE Mr Helmut Kohl, the former Chancellor of the Federal Republic of Germany, HE Mr Jean-Luc Dehaene, the Prime Minister of the Kingdom of Belgium and HE Mr Jacques Santer, President of the European Commission, the first recipient of the award.