Boston University Board Names Three New Members

Contact: Nancy Sterling, 617-348-1811 |

(Boston, Mass.) — The Boston University Board of Trustees today voted to accept three new candidates for membership. The new members, Bahaa Hariri, Toshimasa Iue and Nasser D. Khalili are all residents of foreign countries and will greatly expand Boston University’s international reach.

Board Chairman Alan Leventhal stated, “These three Trustees brought forward by the nominating committee represent a group with wide-ranging professional and personal interests, and each of them has strong ties to Boston University. We are honored to have them on the Board.”

Bahaa Hariri is a 1990 graduate of Boston University who moved to Saudi Arabia to work in his family’s construction and development company, Saudi Oger, Ltd. Hariri familiarized himself with all aspects of the company’s operations and worked in numerous departments before being assigned to set up the audit department. Hariri left the firm to start his own business, but continues to serve on the Board and Executive Committee of Saudi Oger. He also is the chairman of the Al-Abdali Project in Jordan, which is a joint venture between Mawared, a state-owned corporation, and Saudi Oger, to rebuild the city center of Amman.

The venture Hariri started in Geneva, Switzerland is Exceed SA, an investment portfolio company of which he is president and CEO. He also started a second company, Horizon, which specializes in real estate and other development projects in Lebanon. He is involved in sports in that country and is the chairman of one of its two national soccer teams. Hariri serves on the Board of two major Middle East banks, the Arab Bank and the Banque de la Mediterranee. He also chairs the Board of Al-Mustaqbal, a leading Lebanese daily newspaper.

Toshimasa Iue was a graduate student at Boston University, receiving his MBA in 1989. He did his undergraduate work at Konan University in Kobe, Japan, receiving a degree in business administration. Iue is the Executive Vice President and CMO of Sanyo Electric Company, and serves as the Division Manager of Group Marketing Division as well as CEO of four of Sanyo’s group operations, the Consumer Group, Commercial Group, International Group, and Components Group. He was a 2003 recipient of the Boston University Alumni Award for Distinguished Service.

Nasser D. Khalili is a scholar, collector and benefactor of international standing. Born in Iran, Khalili had written and published his first book by age 14. He is a graduate, Associate Research Professor, Honorary Fellow and a member of the Governing Body at the School of Oriental and African Studies (SOAS), University of London. In 1989, the Khalili Family Trust endowed the Nasser D. Khalili Chair for Islamic Art at SOAS, the first of its kind at any university.

Since 1970, he has devoted his life to assembling the Khalili Collections covering a broad range of fields from arts of the Islamic world, Japanese art of the Meiji period, Indian and Swedish textiles, and Spanish damascened metalwork. Combined, the Khalili Collections comprise more than 25,000 objects, one of the largest ever assembled.

Khalili is the co-founder and chairman of the Maimonides Foundation, which promotes peace and understanding between Jews and Muslims. Prof. Khalili was one of the founders of the Iran Heritage Foundation, which was established in 1995 to promote and preserve the cultural heritage of Iran. In 1996 he was honored with the title Trustee of the City of Jerusalem for his pursuit of culture and peace among nations. He was appointed to the International Board of Tufts University in 1997 and in May 2003 received the honorary degree of Doctor of Humane Letters from Boston University. On November 14, 2003, at a Service held at Westminster Cathedral, Prof. Khalili was appointed a Knight Commander of the Royal Order of Francis I.

The three new Trustees will attend their first meeting as Members of the Board in October 2004.