The American-Hellenic Chamber of Commerce and Japonica Partners established the Pericles Leadership Award to be given to individuals who have a track record of outstanding leadership in creating value for the Hellenic Republic through professional management processes, especially building trust and confidence with internationally comparable transparency and accountability.

The award is accompanied by an annual endowment of 100,000 Euros, granted to initiatives selected by the awardee, in consultation with the Chamber and Japonica Partners that advance professional management of the public resources of the Hellenic Republic.

The American-Hellenic Chamber of Commerce and Japonica Partners presented the inaugural Pericles Leadership Award to Harvard Business School Professor George Serafeim.  Professor Serafeim has pledged the €100,000 Award to support the goal of helping the Hellenic Republic produce a government balance sheet, which he views as an essential step to accelerating the turnaround of Greek government finances.

The Award was presented by Prime Minister Alexis Tsipras, Chamber President Simos Anastasopoulos, and former Secretary General of the Ireland Department of Finance and European Investment Bank Director John Moran on 1 December 2015 at the official dinner of the 26th Annual Greek Economy Conference.

Professor Serafeim is the Jakurski Family Associate Professor of Business Administration at Harvard Business School. He has taught courses in the MBA and doctoral programs, chaired Executive Education programs, and authored hundreds of articles and business cases, including a seminal HBS case study on properly measuring Greece government debt. Professor Serafeim has advised large complex organizations throughout the world on improving operations and creating value for stakeholders.

For additional information on Professor Serafeim’s analysis of Greece government debt, see the Harvard Business School case study titled:  “Greece’s Debt:  Sustainable?”