Van Oord Family Association Announces Creation of ‘Van Oord Scholarship’

Business & Finance

The van Oord Family Association, in charge of the charity activities of the family, and the IMD MBA program announced today the creation of the van Oord Scholarship.

According to Jan Kornelis van Oord, Chairman of the Charity Committee of the Family Association, the objective is to provide partial IMD MBA tuition fees for a candidate from a developing country whose advancement / progress has been strongly influenced by its sea-based location. The candidate should ideally have technical experience and an interest in the economic development of his or her country’s sea-related activities. The scholarship will be awarded for three years starting with the class admitted for the 2011 program. The CHF 30,000 scholarship will provide a substantial contribution toward tuition costs.

“We are very happy and honored that we’ve received this generous commitment from the van Oord Family Association,” stated Professor Martha Maznevski, IMD MBA Program Director. “Many van Oord family and company members are IMD alumni themselves, and their commitment to developing other future leaders is highly appreciated.”

According to van Oord, candidates for the scholarship will include individuals admitted by the IMD MBA Admissions Committee to the class. In view of the involvement of the family in dredging and marine construction, preference will be given to those with an interest in the marine engineering industry. Prospective scholars will be asked to submit an essay (maximum 750 words) answering the question: “How can the seaside location of my country be better used to contribute to economic growth and sustainability?” All criteria must be fulfilled by September 30.

“The marine engineering industry is hugely significant in the economic development of countries with a coastline,” van Oord stated. “We have benefited from our involvement in this industry and would like to give back to encourage young leaders who have also been associated or who may be in the future.”


Source: openpr, May 12, 2010;