IIMA Endowment Fund wins Excellence in Finance Innovation – New Market Development Award
New Delhi (India), March 20: The IIMA Endowment Fund is delighted to announce its recent recognition with the “Excellence in Finance Innovation – New Market Development” award. According to a LinkedIn post by Ms Chhavi Moodgal, CEO IIMA Endowment Fund, the award recognises the Fund’s efforts in the realm of organized philanthropy, particularly its [...]
New Delhi (India), March 20: The IIMA Endowment Fund is delighted to announce its recent recognition with the “Excellence in Finance Innovation – New Market Development” award. According to a LinkedIn post by Ms Chhavi Moodgal, CEO IIMA Endowment Fund, the award recognises the Fund’s efforts in the realm of organized philanthropy, particularly its commitment to advancing management education in India. Created to support the institute of excellence – IIM Ahmedabad, the IIMA Endowment Fund is a first of its kind initiative for a management school in India. It raises philanthropic contributions from alumni, HNIs, corporates and batches towards various strategic initiatives of IIMA.
The award, presented at the Finext Conference in Dubai on 28th February 2024, acknowledges the IIMA Endowment Fund’s outstanding contributions to innovation and its impact on new market development within the philanthropic landscape. India is a country with many deserving causes but there is also a need to support public institutions and help them grow to the next frontier of global eminence. Market development in such a space is possible only through a conducive ecosystem created by a confluence of stakeholders and well-wishers coming together – this includes the illustrious IIMA alumni and faculty.
Since its inception in 1961, IIMA has produced over 40,000 alumni. With one in seven CEOs with a management degree from IIMA, the Institute has the highest number of alumni in CEO/CXO-level roles in India’s top 500 companies. IIM Ahmedabad alumni have also founded some of the finest business enterprises. The IIMA Endowment Fund leverages these connects towards institution building and legacy building at IIMA.