BBC online reports that Nobel Laureate Muhammad Yunus, founder of the pioneering Bangladeshi micro-lending Grameen Bank and social enterprise entrepreneur, is to become the new Chancellor of Glasgow Caledonian University.
Professor Yunus has collaborated in the past with Glasgow Caledonian University. In 2010, the university opened the Grameen Caledonian College of Nursing in Bangladesh to help bring nurse and midwifery training to an international standard.
Glasgow Caledonian later that year set up the Yunus Centre for Social Business and Health, which researches the impact of microcredit on the health and well-being of communities in Scotland and overseas.
In March Yunus announced details of a new charity, called the Grameen Scotland Foundation. It aims to alleviate economic, health and social inequalities in some of Scotland’s poorest communities.
He said: “I look forward to building on the fruitful relationship that has already been established and has produced benefits which are helping to improve the quality of life for people in both our countries.”