SAUVAGE FAMILY’S SUPPORT REACHES NEW HEIGHTS WITH GIFT BY LIONEL SAUVAGE MBA’87J OF US$5.5
Lionel Sauvage, MBA’87J, has continued his family’s tradition of supporting INSEAD by pledging US$5.5 million to the school, matching the largest single gift from an alumnus. This donation includes a legacy pledge of US$2 million.
In recognition of the importance that Lionel Sauvage places in academic excellence for the school’s future and reputation, INSEAD will name The Sauvage Family Endowed Chair for Academic Excellence, the holder of which will be the serving INSEAD Dean of Faculty. Endowed, this Chair will exist in perpetuity and will significantly strengthen the financial foundation of the school.
Lionel Sauvage has been a donor to INSEAD for many years and a Member of the Circle of Patrons since 2010. He was a founding donor of the Asia Campus in 2000 and has funded research projects in Finance, Decision Making & Risk Analysis and European Competitiveness. Lionel’s family has longstanding ties with INSEAD. His father, Gilbert Sauvage, was amongst the very first faculty members of the school and its first full time professor. Along with his wife Françoise, Gilbert contributed immensely to developing INSEAD in its early years.
“Our sincere thanks to Lionel Sauvage and his family for their wonderful gift and continued generosity to the school. It is rewarding to witness this gesture of the longstanding friendship between the Sauvage family and INSEAD, and to see the trust that one of the school’s founding families has in the school’s future and development,” said Ilian Mihov, Dean of the School.
“This gift expresses my gratitude towards the institution that INSEAD is, the people who have built it and those who continue to build it every day. With my family, I discussed the future and our contributions to make it better: we consider philanthropy and business to be ‘a force for good’; just like INSEAD is. Receive without forgetting - give without remembering,” said Lionel Sauvage.