Monthly Archives: October 2013

Arts & Finance, Worlds Apart or Twin Galaxies?

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Arts & Finance, Worlds Apart or Twin Galaxies?
INSEAD Private Equity Club (iPEC)
Art & Finance – Worlds Apart or Twin Galaxies?
Thursday, 17 October 2013 18:30 – 21:00, Geneva
On behalf of the INSEAD Private Equity Club (iPEC), it is our pleasure to invite you to a panel discussion followed by a networking cocktail. (Image source: Christie’s)

 

Topic
Art & Finance – Worlds Apart or Twin Galaxies?
Date
Thursday, 17 October 2013 18:30 – 21:00
Registration: 18:00 – 18:30
Panel Discussion: 18:30 sharp – 19:30
Apéro: 19:30 – 21:00
Format
Panel Discussion followed by Networking Apéro
Panelists
Edward Mitterrand, Founder, Mitterrand + Cramer, Geneva
Eric Valdieu, Founder, Valdieu Fine Art (ex-VP, Christies, Geneva)
Mahyar Makhzani, MD, Sciens Diamond Management
Frederic Dawance, Lombard Odier & Cie (moderator)
Cost
CHF 50 for INSEAD Alumni, CHF 75 for Guests
Location
HOTEL DE LA PAIX
11, Quai du Mont-Blanc
CH 1211 GENEVE 1
Topics
Why did a billionaire New York Hedge Fund manager [1] pay $12mil for the decaying, stuffed carcass of a shark (by Damien Hirst)?  By what alchemy does Jackson Pollock’s No. 5, 1948 sell for $140 million?
“The art world feels like the private equity market of the ’80s and the hedge funds of the ’90s,” a New York collector and financier said recently. “It’s got practically no oversight or regulation.”
Art sales, transacted just in New York galleries and auctions alone, are estimated at $8 billion a year, which has more than doubled over the last two decades. Should art be treated as a commodity and thus be subjected to further scrutiny and market regulation? Is art an asset class? Why do or should people invest in art? What is the art of investing in art when the rewards aren’t always financial? Are auction houses aspiring to become private banks?
These are the questions that will be discussed and debated on this panel that will provide highly engaging insights into a defining cultural and economical phenomenon of our times.
iPEC provides a global forum for the more than 1,000 INSEAD Alumni working in venture capital and private equity. iPEC’s goal is to reinforce the links between our community and INSEAD, and to increase the school’s visibility in the private equity industry.
Everyone must register and pay online, no cash will be accepted on the day of event.
Please register by 7 October at the latest as space is limited.
For more information please contact Pan Pan ([email protected]) or Roman Pelka ([email protected])

GE: Lunch Conference with Sanjiv Mehta, CEO of East India Company

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GE: Lunch Conference with Sanjiv Mehta, CEO of East India Company

INSEAD Lunch-Conference

Sanjiv Mehta
Chairman Of the East India Company
“The East India Company: Building a Global Luxury Brand”

Hotel Métropole, Geneva, Wednesday, October 9th 2013 from 12-2 pm

 

Dear Alumni,
We are pleased to welcome Sanjiv Mehta, Chairman of The East India Company.
Sanjiv acquired The East India Company in 2005 & since then has focused on bringing this esteemed brand back to life. Under his leadership, The East India Company has developed into a pioneering enterprise, with a vision to re-build one of the greatest companies of its time into a modern global luxury brand. Beginning with Fine Foods in 2010, the Company has now extended into publishing, and gold bullion and is also developing in the areas of premium spirits, fashion & accessories, furniture & home interiors, leisure and hospitality, each time embracing the essence of its heritage.
Granted a Royal Charter by Queen Elizabeth I in 1600, The East India Company was founded to explore the mysteries of the East. In the process it mapped trade routes, discovered exotic goods and established trading ports which would grow into the cities of Singapore, Hong Kong and Mumbai. It changed customs, tastes and ways of thinking, influencing the very fabric of our lives today.
Sanjiv is a gemologist by education and holds a finance degree from the Bombay University. From a family of diamond merchants, he started his career as a jeweler to then developed a direct to consumer business which has grown into the largest on-line retail jewelry business in India. Over the last 27 years, Sanjiv has created several other successful businesses in Russia, India, the UK and Middle East, developing a deep understanding of various aspects of global businesses.
When: Wednesday, October 9th, 2013
Where:
Swissotel Metropole
34, rue Général-Guisan, 1204 Geneva
Programme:
Registration & Welcome Drink:
12:00 – 12:15
Lunch: 12:15 – 13:15
Q & A: 13:15 – 14:00
Price:
– 50 CHF for IAA members
– 75 CHF for non-members & guests
Please register & purchase tickets online before October 4th, 2013 by clicking on the link below:
You are welcome to invite a friend or colleagues along and We look forward to seeing you there!
Kind regards,
Leila Ojjeh (MBA ‘01D)
IAA Switzerland President Geneva Chapter
Pan Pan (MBA ’03J)
IAA Switzerland IPEN Club

Ilian Mihov appointed next Dean of INSEAD

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Ilian Mihov appointed next Dean of INSEAD

Message from Franz Humer, Chairman of the INSEAD Board

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On behalf of the INSEAD Board of Directors, I am pleased to announce that Ilian Mihov has been appointed as the next Dean of INSEAD. He will take office as of October 1, 2013, moving from his successful role as co-Interim Dean since March 1, 2013.

Ilian has been chosen during an intense search process led by an eight-person Search Committee – four board members and four faculty – representing the school’s Faculty and Board. Many other Faculty and Board members helped the Search Committee through interviews and counsel, and the search culminated in a Faculty election last week that gave Ilian an overwhelming mandate to lead the school, supported by equally strong endorsement by the Board. I extend my appreciation to the Search Committee and everyone who participated in the search process.

Currently The Novartis Chaired Professor of Management and Environment, Ilian has served as Deputy Dean for Faculty and Research responsible for the recruitment of new faculty, as well as for the development of over 140 professors at INSEAD. He oversees the PhD programme and the Research and Development committee.

Ilian embodies the qualities of an outstanding leader, who is authentic and credible, decisive and cares passionately about the school, its future and its constituents. It was important to the INSEAD Board of Directors, the faculty and the community, to have a leader of Ilian’s background and academic stature but who also has a deep understanding of INSEAD. With his impressive academic credentials, strong connections with business and governments, and the support of the alumni network and its leaders, donors, faculty and staff, Ilian will draw the community together to develop a bold strategy for INSEAD’s future.

Ilian joined the INSEAD economics area in 1996. He has taught macroeconomics and econometrics in the MBA, EMBA, PhD and many executive education programmes as well as in the Global Leadership Fellows Programme of the World Economic Forum. He has been nominated several times as one of the best teachers in the MBA and EMBA programmes and won the Outstanding Teacher Award in 2006, 2008 and 2009.

I also wish to recognise and thank Peter Zemsky for his many contributions in these last six months when he and Ilian shared the Interim Dean’s role, including but not limiting to INSEAD’s programme innovations, external outreach and digitalisation strategy. Peter’s passion for education, leadership and the INSEAD community has served our institution well and we look forward to his continued contributions.

Please join me in welcoming Ilian Mihov as INSEAD’s new Dean and, with the Board of Directors, support him as he leads INSEAD to a bold and exciting future.

Yours sincerely,

Franz Humer, MBA ‘71
Chairman of the INSEAD Board

IN-BOARD Initiative

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IN-BOARD Initiative

pureZurichinboardbannerPromoting INSEAD´s principle of life-long learning, the INSEAD Board (IN-BOARD) Initiative is an executive education program for our alumni who are involved in or aspire to play a role on boards of directors or advisory boards – from small & medium sized enterprises (SMEs) to listed corporations. The Initiative has been launched with great success by the Dutch and German INSEAD Alumni Associations, and we are proud to now bring it to Switzerland as well.

The kick-off weekend on campus in Fontainebleau will introduce IN-BOARD participants from the different alumni associations to board dynamics and effectiveness and will include a full day of leadership development coaching, led by INSEAD Professor Erik van de Loo.

Local modules on Legal, Strategy, HR and Accounting/Finance related issues will be offered separately by top-level professional service firms in a series of Zurich-based workshops, tailored specifically to the Swiss corporate environment.

Syllabus:

  • Board Dynamics module at INSEAD in Fontainebleau               November 29 – Dec 1 2013
  • Legal module                           Baker & McKenzie                  January 16 2014
  • Strategy module                       McKinsey                                February 27 2014
  • HR module                              Egon Zehnder International     April 10 2014
  • Accounting module                  PricewaterhouseCoopers        May 22 2014
  •  Startup module                       Balz Roth and Peter Pfister      June 25, 2014

Each module takes place from 2pm – 6pm and will conclude with a networking dinner. Experienced dinner speakers will facilitate further opportunities for learning and discussion.

Participation:

Participation is limited to 10 seats due to the current capacity of the Fontainebleau module. This module will also be joined by IN-BOARD participants from the Dutch and German INSEAD alumni associations.

Participation cost is CHF 6,000.- (this includes the program fees and the networking dinners; it does not cover travel expenses and hotel accommodation)

Please kindly contact Bernhard Escher ([email protected]) if you are interested in participating and for any further questions.
Richard Bissonnet                                                       Bernhard Escher

President – Swiss Alumni Association                          Head – IN-BOARD Initiative Switzerland