Queens' alumnus and Honorary Fellow, Dr Mohamed El-Erian (1977), returned to Queens' over the weekend to announce a munificent gift of $25 million from Jamie Walters and Mohamed El-Erian to support a shared partnerships between Queens' College and the Faculty of Economics.
Jamie and Mohamed’s donation will help create The El-Erian Institute for Human Behaviour and Economic Policy. The donation will also provide for a Fellowship at Queens’ for the Chair of the El-Erian Institute, as well as linked PhD studentships at the College and an outreach fund.
A leading figure in the economic and financial world, Dr El-Erian is the chair of President Obama's Global Development Council, chief economic advisor at Allianz, and is the former CEO and Co-Chief Investment Officer of Pacific Investment Management Company (PIMCO).
Dr El-Erian is co-Chair of the campaign for the University and Colleges of Cambridge, which will focus on enhancing the University’s beneficial impact on the world. Cambridge will be working with philanthropists to address major global problems, as it has done for the last 800 years. The £2 billion campaign was launched last weekend and the total amount raised so far now stands at £538 million.
Queens' is hugely grateful for Jamie and Mohamed's continued philanthropic support of the College. Lord Eatwell, President of Queens’ College, said: “Mohamed El-Erian has shown unparalleled commitment to Queens', his College, and has stimulated the establishment of new college-university relationships- a new way forward for the collegiate university.”
Pictured L - R : Professor Sanjeev Goyal, Chair of the Faculty of Economics; Alison Traub, Executive Director of Development and Alumni Relations; Lord Eatwell, President, Queens' College; (seated) Dr Mohamed A. El-Erian; Professor Sir Leszek Borysiewicz, Vice-Chancellor; and Rowan Kitt, Development Director, Queens' College