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© The Z/Yen Group of Companies 2008
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25 April 2005
The Council of Gresham College is pleased to announce that Michael Mainelli has
been appointed as The Mercers’ School Memorial Professor of Commerce at the
College from 1 August 2005 for a three-year period. He will replace
Professor Avinash Persaud whose professorship ends in June.
Professor Mainelli, who is Executive Chairman and
a founder of Z/Yen Limited, the UK’s leading risk/reward management firm,
intends to base his Gresham College lectures on the over-arching theme of
Society’s Commercial Choice – Risks and Rewards of Markets. He chose this
theme because he believes that as “choice” becomes the distinguishing
characteristic of 21st Century commerce, the way in which society and markets
interact becomes more important.
He will deliver six lectures a year over his
three-year professorship and his main emphasis will be on the proper functioning
of markets in realizing societal goals, but equally the obligation on society to
try to use market forces wherever suitable, as opposed to unnecessary
regulation, hidden subsidy or inappropriate taxation.
He comments: “The key proposition that I would
like to advance is that when markets seem to have failed, it is often the
framing of the market that has failed, not markets themselves. By
implication, if we can recreate more appropriate markets, we can often
re-capture the power of markets to improve society.”
Further details about Professor Mainelli’s
lecture series will be on the Gresham website at
www.gresham.ac.uk during the summer period.
Michael Mainelli has worked with Z/Yen
since 1994 on strategy, technology, finance and business development.
Michael began his career as a research scientist in aerospace (rocket
science) and computer graphics which led to him starting companies in
seismology, cartography and energy information for a Swiss publishing
firm. In the early 1980’s Michael created a multi-million dollar
oil industry consortium which culminated in the development of a
complete digital map of the world, MundoCart, along the way having to
build laser line-following digitisers. Michael spent several years
as a partner and board member of one of the leading accountancy firms
directing consultancy work in the UK and overseas and served on the
board of Europe’s largest R&D organization, the UK Ministry of Defence’s
Defence Evaluation and Research Agency. Michael has worked in the
public sector on privatisations and strategy; in the private sector in a
variety of industries (banking, insurance, manufacturing, media, retail,
utilities, television, distribution) on problems ranging from strategy
through information systems, quality, human resources, environmental
systems and R&D; and in the voluntary sector on a number of assignments
to improve performance. Michael’s acclaimed humorous risk/reward
management novel, Clean Business Cuisine: Now and Z/Yen, written with
Ian Harris, was published in 2000.
Gresham College is an independent
educational institution, governed by a Council with the Lord Mayor of
London as its President. The College is named after Sir Thomas
Gresham. Sir Thomas’ fine mansion in Bishopsgate was the first
home of Gresham College. In later years, lectures were given in
various places in the City until the construction of a new Gresham
College, opened during opened during 1842 in Gresham Street.
Gresham College has been based at Barnard’s Inn Hall in Holborn since
1991. In addition to free public lectures, the College also runs
occasional conferences and seminars and provides support to initiatives,
by the Gresham Professors and others, which seek to interpret the ‘new
learning’ of Sir Thomas Gresham’s time in contemporary terms. For
details of Gresham College lectures, please visit the website on
www.gresham.ac.uk. |
For further information, please contact:
Hélène Murphy, Gresham College Press Officer
Tel: 020 8531 8000
Mobile: 07944 847570
Email: hpmurphy@aol.com
Lectures are held at:
Gresham College
Barnard’s Inn Hall,
Holborn,
London EC1 2HH
Tel: 020 7831 0575
Email: enquiries@gresham.ac.uk
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