Carlos Ghosn, president of both Renault and the Renault Foundation, General Xavier Michel, president of Ecole Polytechnique, Bernard Ramanantsoa, dean of Groupe HEC and Jean-Bernard Lartigue, general manager of the Polytechnique Foundation, have signed a partnership agreement creating the Renault-Polytechnique-HEC Chair in ‘Multicultural Management and Corporate Performance’.

Set up to sharpen the skills of young graduates, the chair places particular emphasis on managerial practices geared to economic realities and to all types of cultural diversity : national, professional and organisational, the automaker said in a statement.

The chair is held by Eric Godelier for Ecole Polytechnique and Eve Chiapelo for HEC.

Renault added that the expertise of Ecole Polytechnique and HEC graduates is recognised in France and internationally. The two schools have developed international strategies that have naturally led them to develop the issue of multicultural management in their educational courses. Around 40 students will be able to take advantage of this program of education and research.

Renault noted that it has become an international and multicultural company, primarily through its alliance with Nissan and its acquisitions in Korea (Renault Samsung Motors) and Romania (Dacia).

Set up in 2001, the Renault Foundation is part of the group’s international outreach strategy. It seeks to encourage cultural exchanges between France, Europe and other parts of the world in which Renault is present in order to promote knowledge and education.