The Mortgage Banker’s Association (MBA) announced earlier this week that Jonathan L. Kemper, current President and CEO, will be stepping down on December 31, 2008. According to the same MBA statement, during Kempner’s seven years with the MBA, the association doubled its revenues and operating reserve fund.

“This has been an extremely intellectually stimulating and rewarding period in my professional life,” said Kempner. “Navigating the highs and lows of the real estate cycles, with a first rate leadership and wonderful membership, afforded me a rare opportunity to contribute to one of the most important industries in our society. I am very proud for the extraordinary staff I have helped assemble at MBA, as my colleagues’ dedication, intelligence, and expertise make a true difference in the overall quality of life for many Americans. MBA’s mission, I am convinced, will be enhanced with new leadership, and on a personal level I very much look forward to a new position of leadership myself after nearly eight wonderful years at MBA.”

Kieran P. Quinn, MBA Chairman of the Board of Directors had this to say of Kempner, “Jonathan has been an exceptional leader for MBA. He has led a major transformation in our operations, and put in place a first rate staff that is widely acknowledged to be one of the most effective in the Washington association world. He has poured his heart and soul into MBA with the highest degree of professionalism, integrity, and devotion to our members, and always with a personal warmth and sense of humor. The entire MBA family will miss him.”

Quinn also announced that John A. Courson, former MBA Chairman, will become their COO effective August 1, and will assume the position of President of MBA, effective January 1, 2009.

Quinn said that, “John Courson brings tremendous industry knowledge, business savvy, and political skills to MBA. John has worked tirelessly on behalf of our industry for more than 40 years. He has been an advocate ensuring safe and affordable housing for all Americans and for simplifying the mortgage process. We are lucky to have John join MBA and steer our association to represent the real estate finance industry as we continue to build America’s communities.”

Courson, who currently serves as Chairman of the Board of Directors of the California Housing Finance Agency, served as Chairman of MBA in 2003 and as a member of MBA’s Board of Directors, the Residential Board of Governors (RESBOG) and the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG).]

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University at Albany-SUNY students in the evening and weekend MBA programs are in Budapest this week as they visit seven companies there and immerse themselves in Hungarian business, history and culture.

The School of Business entourage includes two dozen students, retired Dean Paul Leonard, and several faculty and staff. New School of Business Dean Donald Siegel popped in for a visit last weekend.

In the evenings, the future MBAs take an international business class with Professor Yasha Crnkovic.

NOW that the IIMs have more or less ruled out a legal recourse against the HRD Ministry’s directive to impose a fee cut in their PGP (Post-Graduate Programmes) courses, the country’s premier business schools are busy considering various options to make up for this revenue loss.

“One of the options before us is to increase the number of Management Development Programmes (MDPs),” said Prof Prakash G. Apte, Director, Indian Institute of Management, Bangalore.

In an exclusive interview with Business Line today, he said that the board of governors would meet in the next four days. “IIM-Bangalore will work out its finances then. We have not yet received the break-up for the planned and non-planned grants.”

But would increasing the number of management development programmes not impose a huge load on the already over-burdened professors who are handling various PG courses, executive education programmes and consultancy assignments?

(IIM-Bangalore, for instance, has about 70 professors for 700 students (400 in the PGP, 300 in the PGP in Software Management and 40 PhD students) and this year, the institute has conducted about 45 MDPs.)

Prof Apte said that they might even consider reducing the number of offerings for the students so that more staff time is available for corporate training programmes.

On whether the institute would recruit more teachers, he said: “Yes, that would be one option,” but expressed doubt about finding the right kind of talent in the industry.

But this too would require Government permission. And what about additional funds for the salaries? With the cut in allocation in this year’s Interim Budget - from Rs 79.73 crore last year to Rs 45 crore in 2004-05 - the IIMs would have to tread this path carefully.

Meanwhile, the Government is also insisting that the IIMs increase intake of students.

This might be one way of boosting their revenues, but Prof Apte said: “We can take about 40 more students, provided we have the right infrastructure like hostel rooms, mess, etc.”

Oil and Natural Gas Corporation (ONGC) has concluded an agreement with the Indian Institute of Foreign Trade (IIFT), in which the staff of the ONGC be subjected to study MBA at IIFT Super Unnati Prayas regime.

ONGC send their employees IIFT for a full-time, 18 months of the MBA program with a specialization in international affairs. The company is also the transfer of employees, have their headquarters in New Delhi to study residential students at the Institute. The objective of the regulation is to update the knowledge base of the ONGC leaders. IIFT out specific written tests ONGC leaders of five centres across India.

Twenty employees were selected for the course. The course is in line with the needs of the ONGC. Issues such as logistics of international trade, World Trade Organisation (WTO) and issues related to WTO, international trade policies, Managing Global Sourcing, international business strategy, standards and ethics are underway .

As always, you professionals are faced with the problem of deciding whether or not to join higher education or remotely via the campus mode. They asked the settings in different perspectives.

As an engineer, you have decided, in the field of materials management, which is encouraging. As fresh diploma, you need to examine the program at regular intervals with the Indian Institute of Materials Management (IIMM)

It could be graduation diploma in regular Materials Management (GDMM), which is managed by the Human Resource Development Ministry for the purpose of obtaining staff to senior posts and services in the central government. At the end of the program, you can exercise, as an MBA (Material Management) as a regular / student correspondence lateral entry into the system, which lasts one year. Under this plan, you’ll be able to make a mark. MP Bhoj Open University is recognized by the UGC, IAU (Association of Indian Universities) and AICTE and, therefore, there is no discomfort in monitoring the course by IIMM. In Bangalore, you can contact the Indian Institute of Materials Management, 304, 3rd Floor, Mittal Towers, No. 6, MG Road, Bangalore-560 001 Tel: 25327251/25327252.

Trigent announced Wednesday, March 30, 2005, Veena Satish has that company as Senior Manager - Human Resources, brings 12 years of progressive experience of management in human resources and administration. Its powers include Trigent over the political management of human resources and programmes, with an initial emphasis on personal development, communication and retention programs.

Trigent is currently strengthening their HR function to support an expected increase of 60 per cent of staff in India in this exercise. In the last two quarters, Trigent has won new commitments of more than 20 clients, including International Truck and Engine Corp., Honeywell, Classified Ventures, my people, Resolve Technologies and Telrex.

“Trigent’s ability to attract and retain staff is crucial in supporting our growth targets this year,” said Bharat Khatau, CEO of Trigent. “Veena is a skilled manager of human resources, with a track record for developing and implementing successful recruiting programs and personnel job, and I expect to make a significant contribution to sustainable growth Trigent.

Ms. Satish, relate directly to the CEO of their new role, human resource management from previous positions with Ness Technologies and Hewlett-Packard India. His experience includes the development and management of over 250 training programs in the field of human resources, quality management and technology. She holds a BA from the University of Mysore and is currently an MBA from Symbiosis Institute of Management, Pune.

About Trigent

Trigent develops and supports software applications for commercial software suppliers, manufacturers and marketers and the media. Founded in 1995, the company uses unique technologies and a process of comprehensive development Blended Delivery model help, business and information technology management forces to overcome the limits of technology, resources and time . Notably Trigent clients International Truck and Engine Corp., Classified Ventures and McCabe & Associates.