Thomson Reuters MD Tarun Anand resigns to focuss on B-school he co founded
27 Apr 2012
Tarun Anand has resigned as managing director, Thomson Reuters, South Asia, to focus on Universal Business School (UBS), which he co-founded with two other management professionals - Gurdip Singh Anand and Babulal Varma.
Anand joined Thomson Reuters as managing director, South Asia, at 35 becoming the youngest Indian MD of Thomson Reuters. He has worked for Thomson Reuters in London, New York and Hong Kong where at the age of 32 years, he was promoted to global head of treasury, to run a $2-billion dollar business spread over 100 countries.
In 2005, he was invited by the Reuters Group CEO Thomas Glocer to join the Reuters Innovation and Venture Board to spearhead and foster investments into employee innovations across the globe. Anand also co-founded and served as global head of strategy at FXMarketSpace and invented "FXSettle" a revolutionary FX settlement solution which has won several globally recognized Innovation Awards.
Anand has 18 years of experience in financial services, including four years at Standard Chartered and HSBC. He has been a speaker at leading Industry conferences across North and South America, UK, Europe, Africa and Asia.
Having seen executive education first hand at some of the best business schools in the world like Ross Business School, Michigan University-USA, Tuck School of Business, USA, and IE Business School, Spain, led Anand to bring a fully residential international stylised campus to Mumbai.
Universal Business School, spread over a 40-acre campus in the green Karjat valley, on the outskirts of Mumbai, is India's 1st 'green business school' and has been endorsed by 55 CEOs from Indian and multinationals, entrepreneurs, academicians, government functionaries and members of the armed forces.
The school is driven by the 3E model of ethics, environment and experiential learning and its integration in an industry relevant syllabus.
For Anand the school is a dream come true. "As a CEO, just being upset with the quality of business education was not good enough; I wanted to find a solution to it. I'm thrilled to have the opportunity to engineer the student quality myself by ingraining experiential learning at the core of the Universal Business School curriculum. We have the privileged counsel of 55 CEOs on our board of governors and a global academic council from Anderson (University of California, Los Angeles' Anderson School of Management) and Stanford who have guided us through this journey."
