29 Students from India Named 2008 Goldman Sachs Global Leaders

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New Delhi, Mar 31 (UNI) The Goldman Sachs Foundation and the Institute of International Education (IIE) have announced that an extraordinary group of 29 second-year students from leading Indian colleges and institutes have been named as 2008 Goldman Sachs Global Leaders, the third group of students in India to be so honored.

Since 2001, the Goldman Sachs Global Leaders Program (GSGLP), developed by The Goldman Sachs Foundation and IIE, has been a pioneer in identifying and developing some of the world's most promising future leaders.

Students are selected through a rigorous competition on the basis of academic excellence and leadership potential. This year's awardees are among 150 outstanding second-year students selected from over 100 of the world's top colleges and universities.

Participating colleges and universities in India include The Indian Institute of Technology (Kanpur), Lady Shri Ram College (New Delhi), Loyola College (Chennai), Mt. Carmel College (Bangalore), St.

Stephen's College (New Delhi) and The National Law School of India University (Bangalore).

The list also includes students from Nizam College (Hyderabad), Presidency College (Kolkata), St. Xavier's College (Mumbai), Birla Institute of Technology and Science (Pilani), and Fergusson College (Pune).

''Global Leaders are extremely talented academically and have already shown proven leadership abilities and a strong interest in global affairs," said Brooks Entwistle, Managing Director, Goldman Sachs India, as he lauded the 29 Indian 2008 Goldman Sachs Global Leaders.

''India plays an increasingly important role in the global economy, and these Goldman Sachs Global Leaders will undoubtedly take on critical leadership roles in business and society here and around the world,'' he added.

Over the past eight years, 900 students from more than 20 countries have been honoured as Goldman Sachs Global Leaders. They have built an extensive network with each other and joined forces to launch innovative social ventures, including a school in rural India, a technology education programme in China and an art therapy programme for AIDS-affected children in Namibia.

Each Global Leader receives a 3,000 dollars grant for educational expenses as well as continued support for their academic and professional advancement through an international alumni network.

In addition, 75 of this year's 150 Global Leaders, including 15 from Indian universities, will be selected to participate in the annual Goldman Sachs Global Leadership Institute in July in New York.

At the Institute, they will engage in meaningful dialogue with experts from the private, public and nonprofit sectors about their own leadership roles and critical global issues such as environmentalism and emerging markets.

Past Institute speakers have included executives from Goldman Sachs and other companies, diplomats from the UN and leaders of influential non-governmental organisations.

''Our world today requires leadership that is culturally fluent and well-prepared to address complex issues that have global impact,'' said Stephanie Bell-Rose, President of The Goldman Sachs Foundation, in a statement.

''This programme invests in the talented young people who make up the next generation of global leaders to ensure that they possess the skills and the networks they need to lead us to a better future.'' According to IIE President and CEO Allan Goodman, the programme addresses the critical need to develop leaders for an interdependent globe.

''These students have an extraordinary understanding of the world around them, and an unwavering desire to continue to learn how to work across cultural and national borders to solve global problems,'' he aded.

The IIE is a leading non-profit organisation specialising in the international exchange of people and ideas.

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