A micro centre for good governance has been established at the Loyola Institute of Business Administration. The facility, named after London-based management consultant Ajit Singhvi, will function under the Centre for Business Ethics and Corporate Governance and is aimed at promoting research.
The centre was launched at the annual business ethics conference hosted by Loyola College. The conference focused on providing a platform for budding managers to learn about sustainable business practices and how they affect people and profit.
Nixon Joseph, chief executive officer of SBI Foundation, said that downplaying individual competitiveness and encouraging interdependence could ensure economic prosperity of an organisation. Students entering the corporate world must remain humble and transparent in their dealings and challenge themselves in their profession.
Jochen Tewes, Founder, Inter-Mission Industrial Development Association and Father P. Christie, SJ, Director, LIBA were present.