The Rt Hon Lord Paul of Marylebone, PC was awarded the honour for his outstanding contribution to industry, education and philanthropy by the Black Country Asian Business Association.
Lord Paul’s daughter, Anjli, collected the award on his behalf at the Association’s annual awards dinner at Wolverhampton Racecourse on Friday night (JUN 13). Pic (L-R): Tommy Sandhu, Anjli Paul, Paresh Mehta, Ninder Johal
In his acceptance speech, read out by Anjli, Lord Paul spoke about his commitment to linking industry and education, which is highlighted by the work of the Caparo Innovation Centre at the University’s Science Park.
He said: "I believe we can truly say that the University of Wolverhampton is the University of Opportunity. With over 22,000 students from 150 countries, the University is one of the largest higher education providers in Britain and makes a significant contribution to the academic and economic life of the Black Country.
“I have always been keen to link industry to learning and The Caparo Innovation Centre makes that connection. It was established at the beginning of 2003 in collaboration with the University of Wolverhampton. Based in the creative environment of the University’s science park, the Centre is staffed by a team of product and business development professionals covering the critical range of engineering, marketing, design and business skills. It is an imaginative approach to turn product ideas into business realities.”
Vice-Chancellor Professor Geoff Layer said: “The award is fitting recognition of the significant contribution Lord Paul has made to industry, innovation and education regionally, nationally and internationally.
“The University is proud of its long standing relationship with Lord Paul and we’re delighted that his achievements have been recognised by this honour.”
The Rt Hon Lord Paul of Marylebone, PC has been Chancellor of the University of Wolverhampton since 1999.
Lord Paul, Chairman of Caparo Group, is a leading businessman. Lord Paul came to the UK in 1966 and in 1968 founded Caparo Group, the UK based industrial company with operations in Europe, Asia and North America. He was raised to the Peerage as Baron Paul of Marylebone in August 1996.
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Date Issued: Monday, 16 June 2014