London Business School receives $20M gift from alumni couple to endow scholarships, research

The London Business School has announced a $20 million gift from alumni Anjuli (‘99) and Raj (‘98) Rao. The award, one of the largest in the school’s history, will establish an endowed scholarship fund, a faculty chair, and a research fund–the first of its kind at LBS, which was established in 1964. The award will expand access for MBA and Master’s in Finance students, support recruitment and  retention of top-tier academic talent, and provide permanent funding for research aimed at influencing business practice and public policy. LBS will rename its Plowden Building for the couple.