Infineum announces partnership with China Europe International Business School
Infineum, one of the world leaders in the formulation, manufacture and marketing of petroleum additives for fuels and lubricants, has announced a partnership with the China Europe International Business School (CEIBS) to sponsor a new Masters in Business Administration (MBA) scholarship.
The CEIBS Infineum Scholarship has been created to award promising MBA first years with a financial platform upon which to cultivate their talent at one of the highest ranked business schools in the world.
CEIBS was founded in Shanghai in 1994 and is today recognised as one of the top business schools worldwide. By 2014, CEIBS has delivered more than 9,000 MBA and Executive Masters in Business Administration (EMBA) graduates and offered management training to more than 100,000 senior executives. The school’s Global EMBA programme is ranked as the tenth best course worldwide, with its MBA course listed as the 11th highest ranking programme of its kind globally, according to the Financial Times in 2015.
The partnership was confirmed during a signing ceremony at CEIBS attended by Prof. Mingjun Li, president, CEIBS, and president, CEIBS Foundation, David Lee, deputy director, CEIBS Foundation, Trevor Russell, executive vice president, sales and supply of Infineum International Ltd, Ross Baglin, executive vice president, human resource of Infineum International Ltd, and Fu Limin, managing director of Infineum China.
Commenting on the announcement, Russell said: “Nurturing the next generation of talent is crucial to the future of our industry, and a responsibility that Infineum takes very seriously. By partnering with CEIBS we want to further strengthen our commitment to China by lending our support to its world-renowned education system and developing the next generation of talent emerging from the country for the betterment of society.”
Fu, himself a graduate of CEIBS where he qualified for an EMBA, said: “CEIBS holds a strong philosophy on ‘China depth, global breadth’. This is also aligned with Infineum’s China business strategy to leverage our global strength to support China growth through local talents and operations. This partnership presents the opportunity to recognise and reward gifted individuals, providing a unique chance to hone their business skills at a world-renowned school, which has also played a key role in my own career development.”
Infineum boasts 80 years’ experience in conducting research to develop pioneering technologies to innovate, manufacture and market additives for fuels and lubricants. The business made its first foray into the Chinese market in 1999. In 2014, Infineum announced the opening of its new Business and Technology Centre in the Jinqiao area of Shanghai and its investment plan of a manufacturing facility in Zhangjiagang.