University of Ulster Graduations: IDB Chairman Is Honoured with Doctorate by University

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THE Class of 2001 graduations at the University of Ulster ended yesterday with the final two ceremonies for students of the Magee campus.

More than 230 students from the Faculty of Business and Management, Faculty of Art Design and Humanities and Faculty of Social and Health Sciences and Education received awards.

In all, more than 6,100 students have successfully completed their examinations with the University of Ulster this year at various levels from certificate and diplomas, through to degrees and doctorates.

They include full-time traditional students, people who studied part-time and those who took university courses at one of the various colleges of further and higher education.

In the morning ceremony, IDB chairman Dr Alan Gillespie was awarded an honorary degree of Doctor of the University in recognition of his significant achievements as an investment banker and his substantial contributions to economic development in Northern Ireland.

Belfast-born Dr Gillespie attended Grosvenor High School and later Cambridge University, where he completed a BA degree in economic geography in 1972. He stayed at Cambridge to study for a PhD, the title of his thesis being Growth Centres and Regional Development in Northern Ireland.

He joined Citicorp International Bank, first in London and then as managing director of the bank's Geneva operations.

In 1986, after 10 years with the bank, Dr Gillespie joined Goldman Sachs as its London managing director. In 1990, he was elected general partner of the firm.

On his retirement from the firm in 1999, Dr Gillespie took on the role he now fulfils for the Government as chief executive of CDC Capital Partners, formerly the Commonwealth Development Corporation, which provides equity capital to businesses in the emerging markets, particularly in poorer countries. …