The Centre for Development Management Studies (CEDEMAS) announced on 18th April 2011 the opening of the CG-CEDEMAS Institute of Management (CGCIM) postgraduate management school in Kathmandu, Nepal. The Institute of Management is the first internationally managed business school in the country and will provide world class management education to a new generation of Nepalese executives and entrepreneurs.

It will offer especially designed market-focused courses in the areas of development management, faculty training, strategic planning and leadership.

Lord Sheikh is the Chairman of the Council of Advisors of CEDEMAS.

In the statement issued by CGCIM, the following paragraph is included:

We are grateful to all those whose hard work made our mission possible, and for the valuable guidance and support of the distinguished members of our Council of Advisors, in particular, Lord Sheikh the Chair of the Council, Ambassador Rajan and the Nepal Ambassador to the United Kingdom His Excellency Dr Chalise.