IMD and the Lundin Family are pleased to announce the establishment of an endowed Chair at IMD, in Lausanne, Switzerland. The first “Lundin Professor” will be Professor Ralf Boscheck.

The Chair, known as the Lundin Family Professorship in Business Policy & Economics, will finance the salary of a professor and possibly additional research in an area of interest designated by Lundin. The Chair has no time limit and the professor may be rotated every few years.

Dr. Boscheck, the first Lundin Professor, will be spearheading research and teaching on business policy, economics and strategy, the energy sector as a whole and, more specifically, oil/gas. His aim will be to define the critical success factors behind effective corporate strategies. The mandate of the Professorship will also include research on the state of regulations that affect the oil/gas and energy business. The Lundin family believes that more relevant research and teaching, from a practical perspective on managerial skills, is needed to broaden the current understanding of the regulatory and political factors that shape the energy industry. The Lundin family controls several publicly listed natural resources companies including: Lundin Petroleum AB, Vostok Nafta Investments Ltd, South Atlantic Ventures Limited, Tanganyika Oil Company Ltd and Tenke Mining Corp. The family members who are actively involved in the business are Adolf Lundin, Lukas Lundin and Ian Lundin. Mr. Adolf Lundin obtained a degree in Business Administration and later taught at the Centre d’Etudes Industrielles, the predecessor of IMD.

Dr. Peter Lorange, President of IMD, said: "IMD is dedicated to a ‘Real World. Real Learning’ approach to executive development. This means that we must be both focused at all times on practical relevance in our research and teaching, and, more importantly, connected to the real world through purposeful research. The Lundin endowed chair is exemplary in this regard. The endowment of a Lundin Chair at IMD is testimony to our very rich links with the Lundin Family Group of Companies."

Ian Lundin, Chairman of Lundin Petroleum AB, said: “Our objective is to boost research and general understanding of the energy sector. Perhaps more than any other, the energy sector is in need of deregulation and free markets. The cost of energy as well as the clean and efficient use of natural resources is one of the most important questions of our time.”

Alessandro Sofia
IMD Media Relations
Tel: +41(0) 21 618 0636
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