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Wednesday, July 25, 2007 7:59:06 PM (IST)  
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Chairman and CEO of Fairfax Financial Holdings, Canada visits St Aloysius  College

Media Release

Mangalore, Jul 25: Prem Watsa, the Chairman and CEO of Fairfax Financial Holdings, Canada visited St Aloysius College on 24th July 2007. He flew in by his private jet just to visit St Aloysius College. Mr Watsa is known as the “Warren Buffet of the North”, manages the financial investment company FAIRFAX, Canada with a turnover of over $31 billion. He is a distinguished alumnus of IIT, Madras and also recipient of IIT Distinguished Alumnus Award in 1999.






“What the mind has decided it can achieve", said Watsa. He was speaking to the MBA students of Aloysius Institute of  Business Administration (AIBA) St Aloysius College Mangalore. He said , “India is exploding”,  meaning that India is at a particular juncture in history, and that there are opportunities to those who are daring and are ready take risks in life. He asked students to remember the slogan “Never say die”. He urged the young Management students to think big and achieve success. He gave examples from his own  life and his humble origin to bring home the point that however small we are, we  can achieve success if we have the right orientation. He informed the students of  how he had come up in life by mere dedication and hard work. He also praised to St Aloysius college where his father had his education, and the value systems it had installed in him and his family. Fr Denzil Lobo, Director of AIBA welcomed the gathering, and Ms. Minu proposed the vote of thanks.








Watsa also visited Aloysian Boys home at Kotekar, Ullal, the delinquent home run by St Aloysius College. There are 120 kids who are looked after by St Aloysius College under the guidance of sisters of Charity. He appreciated the work done by the College by extending excellent facilities to these lost children.

Also watch video and read report: 


Comments on this article
gerty ramanand, Wednesday, August 01, 2007
Three cheers and God bless Prem. thrilled to read and know that you visited St.Aloysius College and also the Orphanage at Ullal. We at Sec'bad are proud of your achievement, and visit to our hometown where we had our roots. god bless and good luck = gerty
Comment on this message

S.R.Hariharan, ChandigarhSunday, July 29, 2007
I am a practicing Chartered Accountant.I was born & brought-up in Mangalore.I did my schooling in Rosario high school(1958-67)& graduated from St.Aloysius college(1968-74)
Comment on this message

Max & Jessie Rasquinha, Mangalore /Houston, T xThursday, July 26, 2007

A delightful message to read about the eminent visit of Mr. Prem Watsa to Mangalore who was kind enough to spend some quality time with St. Aloysius group and share some of the future projects on the drawing board. Congratulations are extended to Fr. Denzil for developing so many valuable contacts during his recent trip to North America and familiarize so many distinguished people in this part of the world on the noble work carried out by the Jesuits at St. Aloysius College.

Each and every contact established will bring fruitful result in one form or another because the concept is great and the dedication from the Jesuits is priceless. It is our sincere hope that Mr. Watsa's visit will pave way for various new possibilities for St.Aloysius College. May God bless Mr. Watsa and his family so that his generosities will reward him with many more blessings in the days to come.

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