Rockford University announced the creation of the Puri Business School in recognition of a USD 5 million contribution to the varsity by First Rockford Group Founder and President Sunil Puri, 1982 alumnus and 2013 recipient of an honorary Doctor of Humane Letters from the university.
Puri Business School is the first named school at the University.
"It is important to my family and me, that the Puri Business School offers not only an exemplary space where students, faculty and the community can interact and innovate, but where significant programmatic and curricular advances that will deepen the University's commitment to advance the university and partner in the economic revival of this region," Puri said.
The event was attended by Senator Dick Durbin, last week.
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"I am pleased to honor my friend Sunil Puri for his commitment to Rockford University as we dedicate the Puri Business School," he said.
"In 1979, Sunil came to Rockford University with virtually no money or proper transcripts, but he did come with hope and tenacity. Rockford University gave him a chance and today on his birthday no less-he's made it clear that he hasn't forgotten the role the school played in his success," he added.
Expressing his utmost gratitude, Head said as a dedicated Trustee and tireless advocate for Rockford University, Sunil has had occasion to and has proudly promoted and protected the interests of the university.
"Sunil's is a shared vision with the University to establish a school of business that will not only be envied but provide our students with a superior educational experience that prepares them for success," he said.
The new business school will include Economics, Business and Accounting (EBA) programs, along with ancillary business related activities of the University, a media release said.