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(New) Accountant ALBERTA SCHOOL of Britain’s best (new) Accountant Finding balance ALUMNI MAGAZINE in Burma FALL/WINTER 2013 University of Alberta events ’13 January - May Eric Geddes Lectures March 7 Canadian Business Leader Award Dinner Edmonton, Calgary, Toronto Recipient: Pat Daniel, Former President and Please refer to page 17 CEO, Enbridge Inc (Retired) Shaw Conference Centre, Hall D, Edmonton January 11 An Evening in the Bears’ Den Clare Drake Arena, U of A, Edmonton May 13 - 15 Analytics Industry Conference - Analytics, Big Data and the Cloud II January 24 - 27 Network of Empowered Women (NEW) Student Delta South, Edmonton Conference, Chateau Lake Louise Delta Bow Valley, Calgary MBA Alumni Reception February 7 Business Alumni Association Annual General Spice Route Asian Bistro, Toronto June 11 Meeting and Reception February 9 Business Undergraduate Student Awards Fairmont Hotel Macdonald, Edmonton Ceremony and Luncheon BCom, MBA, and PhD Convocation: Fairmont Hotel Macdonald, Edmonton June 13 Ceremony - Northern Alberta Jubilee Auditorium February 13 MBA Student Awards Ceremony and Dinner Reception: Lister Centre, Wildrose Room, Stollery Executive Development Centre, Edmonton Business Building, Edmonton July 10 7th Annual Calgary Stampede Breakfast February 18 - 22 Rocky Mountain Business Student Seminar Ceili’s Irish Pub and Restaurant, Calgary Jasper Park Lodge this issue TO GLOBALLY LEAD - TO UPLIFT THE WHOLE ith inspiration from our alumni, faculty, and students - Leaders from Alberta for the World is Dean WJoseph Doucet’s vision for the Alberta School of Business as our people truly embody this vision in so many ways, in so many places. In doing so, we also continue to uphold the University of Alberta’s promise of the “uplifting of the whole people.” In this internationally-oriented issue, I hope you will be inspired, challenged, and uplifted by your fellow alumni including micro-finance consultant Lorna Grace, ’88 MBA. As Lorna’s former professor Randall Morck shares: “Lorna’s work is hugely socially important. Billions of people live in poverty so deep that Canadians can hardly imagine it, and foreign aid to help them seems morally imperative. By bringing her very considerable financial expertise to bear, Lorna prevents, or at least greatly limits such problems, and this makes the whole idea of foreign aid to developing countries viable.” Developing countries are also the focus for Scott Gilmore, ’95 BCom, and winner of the U of A’ s highest alumni honour this year as well as winner of the 2010 G20 SME Finance Challenge. The latter award, presented to him by President Obama, allowed him, through his company Building Markets, to launch a new loan guarantee fund in Africa. His goal is simply the “elimination of extreme poverty.” Wow. Leaders from Alberta for the World - Lessons from the Wild Dogs of Africa. Enjoy, Monica Alberta School of Business Alumni Magazine is published twice a Interim Dean: Joseph Doucet year by the Alberta School of Business. If you would like an additional free Editor: Monica Wegner subscription or would like to send in a comment or update your address, Assistant Editor: Wanda Vivequin please contact us at: Design: Greg Miller Backstreet Communications External Relations, Alberta School of Business, University of Alberta Printing: McCallum Printing Group Inc. 4-40 Business Building, Edmonton, Alberta Canada T6G 2R6 Cover: Chantal Gagnon e-mail: [email protected] web site: www.business.ualberta.ca telephone: 780 492-4083 toll-free in Canada and the US: 1-877-362-3222 fax: 780 492-8748 vertical logo ~ 4c green vertical logo ~ 4c black vertical logo ~ bw horizontal logo ~ 4c green horizontal logo ~ 4c black horizontal logo ~ bw contents FALL/WINTER 2013 2 gifted by grace - LORNA GRACE 4 BUSINESS ALUMNI ASSOCIATION BAA 25th Anniversary and Engagement Fund 04 6 Dean’s Roadshow: Alberta 8 building markets - SCOTT GILMORE 10 BAA Dinner and Mentorship 12 Dean’s Roadshow: Canada, US, Asia 14 Britain’s best accountant - RAYLENE WHITFORD 18 SCHOOL NEWS Leading with Nine New Faculty 20 how would Edy handle this - EDY WONG 08 22 Leaders in Retailing, Family, Energy, Real Estate aders in 24 dream big - NATASHA STANISZEWSKI 26 STUDENT NEWS BCom Leadership Certificate 28 MBA News from France and China 30 PhD - CSR IN CHINA - MIA RAYNARD 32 PAGES IN TIME Wild Dogs of Africa - MARVIN WASHINGTON 14 34 CLASSNOTES Our Alumni Bond in France - ALFRED DANIEL Our Alumni Bond in Shanghai - GRANT BUCHWALD 44 UPLIFTING THE WHOLE PEOPLE Born to Give Back - BADEIA JAWHARI WWW.BUSINESS.UALBERTA.CA 24 MONICA WEGNER profile lumni A Her work travel itinerary nearly covers the alphabet: Azerbaijan, Bangladesh, Bolivia, Bosnia, Colombia, Costa Rica, Dominican Republic, Ecuador, Egypt, Ethiopia, Fiji, Ghana, Guatemala, Haiti, Honduras, Indonesia, Jamaica, Kenya, Lebanon, Mali, Mexico, Nicaragua, Pakistan, Panama, Peru, Philippines, Sri Lanka, Tanzania, Uganda, Vietnam, and Yemen. gifted by Grace FaitH IN THE LITTLE GUY LORNA GRACE altHOUGH BEING OFFICIALLY BASED IN VANCOUVER SINCE 1993, LORNA GRACE, ’88 MBA, sTILL TRAVELS AN average OF TEN DAYS PER MONTh – A GLOBAL CITIZEN SOME MIGHT SAy – IN HER ONGOING QUEST TO MAKE A DIFFERENCE – LARGE AND SMALL – AS A RURAL AND AGRICulture FINANCE CONSultant IN THE GROWING WORLD OF MICRO-FINANCE. 2 ALBERTA SCHOOL OF BUSINESS “Lorna’s work is hugely socially important. Billions of people live in poverty so deep that Canadians can hardly imagine it, and foreign aid to help them seems morally imperative. Sadly, far too much foreign aid is wasted or lost to corruption in the recipient countries, and this makes taxpayers in high-income countries like Canada understandably skeptical about seeing their tax dollars spent on foreign aid. By bringing her very considerable financial expertise to bear, Lorna prevents, or at least greatly limits such problems, and this makes the whole idea of foreign aid to developing countries politically viable.” Randall Morck, Jarislowsky Chair of Finance, University Professor THE LONGEST ACRONYM? ACDIVOCA ALBERTA BOND As well as working for organizations such as World Bank, The Alberta connection is equally significant. Her mother CIDA, USAid, AusAID, DFID, and the Dutch Government, Vida Grace, has both a ’61 BCom, and a ’75 Alberta MBA and one long-term assignment was a five-year involvement in has also lead a successful career in financial consulting. Pictured Honduras (2005-2010) for ACDIVOCA – Agricultural below with Lorna, right, are her sister Sandra, and mother Vida. Cooperative Development International Volunteers in Overseas Of interest the 1961 BCom class graduated four women out of Cooperative Assistance - for whom she developed an innovative, class of 49; the 1975 MBA class six of 52, and the 1988 MBA trend setting model for horticulture finance, ultimately changing class 19 of 61. Today women represent about half of both the an industry’s approach to risk perception and mitigation. In just a MBA and BCom programs. three-year period, Lorna facilitated access to finance to over 5000 Today in Vancouver, horticulture producers, most were less than one hectare family Vida lives with Lorna, businesses, with more than 9000 loans or lines of credit through Quinn, Lorna’s eight-year project interventions. old son, and their husky, Linda (who moved along A favourite SPIN-OFF? MENTORING with them from Honduras Longer-term projects also provided opportunities to mentor, a in 2010). Not surprisingly role she takes very seriously. Averaging three times per year Lorna perhaps, Quinn has recently also conducts workshops in English or Spanish on agriculture been tested as gifted. Quinn value chain finance for institutional clients or at the Boulder and Linda, the husky, a Institute of Micro Finance based in Turin (Torino), Italy and close derivative of the wolf, Latin America. She also has taught courses on analyzing costs, are both difficult to train! cash management, credit analysis, financial management, and These days Lorna is in a banking simulation. reflective and celebratory mood for all things 25 and 50. She recently attended her 25th SIGNIFICANT CONNECTIONS? HARVARD Harvard Reunion where she very much enjoyed sleeping in her For those who knew Lorna in her MBA class, her career path old dorm room with Quinn. She has also now signed up to help might make perfect sense for their classmate of Irish heritage organize her 25th MBA Reunion in 2013 and continues to scout who they still remember as a free spirit with an possible destinations. And she is just embarking on several events entrepreneurial and creative approach to the to help celebrate her 50th year that began with a “planning” trip Grace world. She was also one of the “young” with her sister in Hawaii this past December and a Christmas ones, having been accepted into the season sojourn at Jasper Park Lodge, a family favourite. MBA program with just one year of work LORNA GRACE experience after completing her BA in HER motivation? THE LITTLE GUY International Government from Harvard. But when asked about what next (other than Tajikistan in The Harvard connection is a significant one January and Peru in February) and what will keep her motivated in her life. Her father Michael Grace has a PhD for the next 25 years, it has to do with the little guy: instilling in Statistics from Harvard. An influential professor was Randall faith in the little guy that change is possible and that they need to Morck, PhD Harvard. She still very much enjoys coming home believe and invest in themselves, and, instilling faith in the lender to Edmonton and sitting down for dinner and stimulating that smaller farms and farmers will pay back, and to discussion with her father and Randall, who is still inspiring take a chance. students at the School today. Lorna jokingly shares: “The classes But most of all, it has do with her little guy Quinn, and I did not necessarily do the best in are the ones I use the most.
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