KUALA LUMPUR: Iris Corp Bhd chairman Tan Sri Razali Ismail has been appointed president of its education units Stamford College (PJ) Sdn Bhd and Stamford College (Malacca) Sdn Bhd. In his new capacity, Razali will lead the development and growth of the 64-year-old institution.

Razali was previously the permanent representative to the United Nations, where he served in various capacities such as chairman of the Group of 77, president of the UN Security Council, chairman of the Commission on Sustainable Development and president of the UN General Assembly.

He currently chairs the Global Movement of Moderates Foundation.

In a statement yesterday, Stamford College said it will be reducing its tuition fees by between 20% and 30%.

“We may not have all the frills but we do have all the infrastructure required to provide the high standards of education that have made us an internationally recognised college,” said the college.

This year, the college moved its main campus from Petaling Jaya to Plaza Menjarala in Kepong, Selangor. The new campus covers more than 240,000 sq ft.

The college said it will still retain its presence in Petaling Jaya and has opened another branch annexe at Quatro West, Lorong Pesiaran Barat, to serve the area.

As for its branch in Malacca, Stamford College said it will continue to provide tertiary education in the southern region and offer similar programmes at the main campus in Kepong.

This article first appeared in The Edge Financial Daily, on December 30, 2014.