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IC NEWSLETTER -
SPRING 2009
18
Alumni News
Over 350 people attended the
Alumni Association lunch held at
the Biel on Friday December 12th.
The guest speaker was non other
than Minister of Displaced and IC
Board Member, Raymond Audi.
Among those who attended was IC
President John Johnson and several
other administrators. Head of the
Alumni Association Yusuf Kan’an
hailed Mr Audi’s success in the
banking world and praised his self-
initiated renovation of Lebanon’s
many cultural heritage sites.
Taking the stand, Mr Audi spoke
of a resilient Lebanon despite the
world financial crisis. “…Some
observers may argue that Lebanon
should have undergone a financial
crisis a long time ago,” he said.
“All things considered, the episodes
of severe financial pressures in 2005
and2006 thatwereboth triggeredby
exogenous shocks (theAssassination
of PM Hariri and the Israeli war), had
the ingredients of aperfect storm, yet
Lebanonweatheredthemseemingly
without much lasting damage.”
Furthermore, he added, a number of
internationalorganizations including
the International Monetary Fund
(IMF) are examining closely the
“atypical factors behind Lebanon’s
resilience to turmoil and to extract
lessons from such a resilience.”
Mr Kan’an and Vice President of
Alumni and Development, Moufid
Beydoun, presented Mr Audi with an
engraved plaque thanking him and
all those who attended the lunch for
their support of the school
The ICAA also held another function
on February 17
th
when more than
550 alumni and friends attended the
avant premiereof“The International”
starring Clive Owen and Naomi
Watts at the Verdun Dunes Theater.
Alumni Association
hosts lunch
Moufid Beydoun ‘64, Raymond Audi and
Yusuf Kan’an ‘71
Yusuf Kan’an ‘71, Raymond Audi, Mary Johnson, John Johnson, May Audi, Moufid Beydoun ‘64, Rula Kan’an