June 2006

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The establishment of the Centre has been made possible through a personal donation by Nigel Doughty, Co-Founder of Doughty Hanson & Co, and an MBA alumnus from Cranfield.

Nigel Doughty is making an initial commitment of £3million to fully-fund the Centre for the next five years and to establish a Trust Fund to provide funding for subsequent years. The search to appoint a world-class Chair to lead the Centre is underway.

In establishing a leading Centre for Corporate Responsibility, there will be close links with work in this area already being undertaken at Cranfield School of Management and the European Academy of Business in Society (EABiS), of which the School is a founding member.

Professor Michael Osbaldeston, Director of Cranfield School of Management said:

"Cranfield School of Management will establish a world-leading reputation in the field of corporate responsibility, thanks to Nigel Doughty's generous donation. He is giving something back to the School which helped establish his successful career and he has identified an area which he believes is crucial to the success of business. Increasingly it is the case that business cannot be indifferent to how it creates value."

Nigel Doughty co-founded Doughty Hanson & Co after completing his Cranfield MBA in 1984. He became a Distinguished Alumnus of Cranfield School of Management in 2004.

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