Mr Kalmin holds a Bachelor of Business from the University of Technology, Sydney and is a member of the Institute of Chartered Accountants of Australia and the Financial Services Institute of Australasia.

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He has a bachelor of arts degree from Princeton University and a master of science degree in management from the Massachusetts Institute of Technology.

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Dr. Stancell earned his Bachelor's degree from the City College of New York and his Doctor of Science from the Massachusetts Institute of Technology in 1962, where he was subsequently offered tenure as professor.

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