Mangaluru: St Aloysius Institute of Management and Information Technology inaugurated the Management Development Programme Centre and Students' Residence at AIMIT.

Fr Dr Stany D'Souza, provincial, Karnataka, blessed the new facility and delivered his message to students and staff gathered.

Fr Denzil Lobo, director, AIMIT and former rector, St Aloysius College, unveiled the plaque declaring the new facility open.

Fr Denzil thanked some of the principal donors of MDP centre including Prem Watsa, K V Kamath, Aravind Adiga, Mohandas Pai, and Ivan Fernandes. Fr Dionysius Vaz, rector, St Aloysius College, congratulated and appreciated the contributions made by everyone in getting the work done within a year.

Fr Dionysius Vaz, rector, St Aloysius College, congratulated and appreciated the contributions made by everyone in getting the work done within a year.

Dr Praveen Martis, principal, St Aloysius College, and Michael D’Souza, entrepreneur in Dubai, were present.

The dignitaries honoured Praveen Saldanha, architect, Richard Rodrigues of Vailankanni Constructions, contractor, Prashanth, site supervisor, Vincent and Dolphy.

The new construction is equipped with excellent residential facilities for students, including air conditioned rooms. The MDP Centre has spacious air conditioned rooms for accommodation. AIMIT plans to hold MDPs for executives from banks and other firms in collaboration with some of the leading business schools including XLRI, XIMB, SJIM and XIME. Faculty from these business schools and other prominent members of the industry will be resource persons.

Allen Pereira, former MD of Bank of Maharashtra, Denis Rodrigues, former general manager of Canara Bank, Meera Aranha, general manager Karnataka Bank, Lionel Aranha, professor at IIMs, Naveen, charted accountant, guest faculty at XLRI, and faculty from AIMIT business school will be among those involved in the functioning of the various programmes chalked out for the year.