Baroness Stroud talks on Social Justice in Britain

Posted on Tuesday 20th June 2017

The University of Bolton welcomed Baroness Stroud, the CEO for Legatum Institute, London on the 14 June 2017, who spoke about the true power of social justice.

The event was the first Centre for Islamic Finance lecture held in association with Ernst & Young (EY), a global leader in assurance, tax, transaction and advisory services.

In her lecture, Baroness Stroud identified the pathways out of poverty and charted her career; from working with drug addicts in Hong Kong to dealing with UK Cabinet ministers.

It was in Provence, on her year abroad from University, when Philippa Stroud was exposed to the stark contrast between those with wealth and those in poverty.

‘I had no answers [to the poverty] but what I found was that frustration can sometimes be the crucible of vision creation and solution.

‘My experience in France and Hong Kong has contributed to my determination to address the issues of social justice.'

Baroness Stroud for Yearbook

During her time there she worked with former gang members and drug addicts and learnt of tireless efforts within the communities to empower them to change and reform their lives.

Since then she became a co-founder of the think tank, the Centre for Social Justice and served as Special Adviser to Iain Duncan Smith, Former Secretary of State for Work and Pensions, and in 2012 additionally to the Former Prime Minister, David Cameron.

Baroness Stroud was responsible for the development of the Social Justice agenda, worked on the key Welfare Reform programme, the introduction of Universal Credit, the creation of Social Investment and the new child poverty measures with the Government.

She concluded the event with a message to the students of the University.

‘Anyone no matter who they are can exercise influence and can live a life that impacts people for good.  The opportunities for you are huge, use every opportunity you have to impact the world; the nations you come from and the nations you live in, for good.  Being someone who brings about transformation, who seeks social justice means having a vision of where you are going and what it is you are building and the change which you want to see. It means having a vision of the end from the beginning.’

Baroness Stroud Group 2

The Centre for Islamic Finance at the University of Bolton, which was launched in 2012 has PhD students from around the world and in January 2016 launched its MBA in Islamic Finance on both a full-time and part-time basis.  It is supported in its work by an International Advisory Board, drawn from highly respected academics and businessmen and women.

The Centre works in collaboration with other financial and academic institutions to encourage high quality research and to promote the understanding of Islamic finance through lectures, conferences and short courses.

It has welcomed numerous industry leaders to speak at the University, including Senior Partner at Ernst & Young Mr Ken Eglinton; Professor of Strategy & Information Systems at Manchester Business School, Dr Peter Kawalek; former Chancellor of the Exchequer and CIF director Lord Norman Lamont; Chief Executive of High Speed Two (HS2), Simon Kirby; leading authority on the Magna Carta, Professor Nicholas Vincent; Chief Executive Officer of the International Integrated Reporting Council (IIRC), Paul Druckman; one of the world’s leading security, cybercrime and fraud experts, Don Randall MBE; Pope Francis's diplomatic representative in Britain, His Excellency Archbishop Antonio Mennini and most recently Global Business Development Director of the Chartered Institute for Securities & Investment (CISI), Kevin Moore.

Ernst & Young is a global leader in assurance, tax, transaction and advisory services.  The insights and quality services they deliver help build trust and confidence in the capital markets and in economies the world over. They have developed outstanding leaders who team to deliver on their promises to all of their stakeholders.  In so doing, EY play a critical role in building a better working world for their people, clients and communities.

For further information please contact:  Professor Mohammed Abdel-Haq - mohammed.abdel-haq@bolton.ac.uk