Muhammad Yunus accepts Glasgow Caledonian University post

Muhammad Yunus Prof Yunus founded the pioneering Grameen Bank in the 1970s

Related Stories

The founder of the pioneering Bangladeshi micro-lending Grameen Bank is to become the new Chancellor of Glasgow Caledonian University.

Nobel laureate Muhammad Yunus succeeds journalist, broadcaster and politician Lord Macdonald of Tradeston.

In March Prof 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.

Prof Yunus, 71, launched the Grameen Bank in the late 1970s to offer microcredit to the poor. The model has been copied in developing countries around the world.

He is often referred to as "the world's banker to the poor".

Last month, he stood down as the head of the Grameen Bank after a long-running row with the Bangladeshi government.

Authorities said he was over the legal retirement age, but supporters claimed his dismissal was politically motivated.

Prof 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.

Prof Yunus 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."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories



  • Shinji Mikamo as a boy, and Hiroshima bomb cloudLove and the bomb

    The Japanese man who lost everything but found peace

  • Northern League supporters at the party's annual meeting in 2011Padania?

    Eight places in Europe that also want independence

  • scottie dogShow-stealers

    How Scottie dogs became a symbol of Scotland

  • Hamas rally in the West Bank village of Yatta, 2006Hamas hopes

    Why the Palestinian group won't back down yet

  • The outermost coffin of Tutankhamun 'Tut-mania'

    How discovery of Tutankhamun's tomb changed popular culture

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.