OREANDA-NEWS. February 7, 2012. Moscow School of Management SKOLKOVO and International Paper have signed a Memorandum of understanding on intention of IP to make a donation to SKOLKOVO Endowment Fund. The goal of donation is to finance joint partnership projects. By doing that IP became the first manufacturing company to offer such programme to SKOLKOVO business-school.

The signing of the MOU will allow SKOLKOVO business-school and IP to begin working on a joint programme on mutual cooperation. Among the joint activities the programme will include open lectures of IP Top Management, series of master classes on IP way of talent development and events supporting IP sustainability initiatives. In addition to that IP Leaders will offer mentorship to MBA students. As a part of this mentorship IP will host SKOLKOVO students to work on IP business cases.

John Faraci, Chairman and Chief Executive Officer International Paper:

“Russia offers exciting and dynamic business opportunities, and we’re pleased to strengthen our long standing partnership with the SKOLKOVO Business School. Together, we’ve developed a strong academic programme that will help attract the best and brightest local talent to our organizations.”

“We are happy to have International Paper as our partner, as it allows our school to use the experience of IP in all our education programmes and in our students’ projects. I have no doubts, that the topic of sustainable development, being one of the company’s priorities, deserves our closest attention and support.”, - said the President of Moscow School of Management SKOLKOVO Andrey Rappoport.