UWTSD appoints UK entrepreneur Dominic McVey as Professor of Practice
Dominic McVey, a British business leader, entrepreneur and humanitarian who started his own business aged 13, has been appointed Professor of Practice at University of Wales Trinity Saint David (UWTSD).
The title of Professor of Practice is awarded to recognize an individual’s academic and/or professional distinction in a field that is consistent with the University’s mission and strategic direction. Professor McVey’s expertise will be key in helping the University develop initiatives to drive economic impact in Wales, particularly in the digital and manufacturing sectors. Professor McVey’s commitment to sustainability and transforming lives through education and access to technology aligns closely with the University’s strategic mission.
At the age of 15, Professor McVey was Britain’s youngest self-made millionaire thanks to his business of importing micro scooters from the USA to the UK, which saw him involved in the sale of several million micro-scooters around the world. At the age of 18, he was recognized as ‘Britain’s pioneer in entrepreneurship’ by Her Majesty The Queen.
He has a portfolio of multinational business interests in manufacturing, technology, cosmetics and management consulting.
Professor Medwin Hughes, DL, Vice-Chancellor said:
“We are delighted to welcome Professor McVey, who joins a number of exceptional people who work with the university to bring their unique and professional expertise to the benefit of our students. Through their involvement in our offering, we can improve access to a range of defined skills to support academic delivery and leverage our rapidly improving reputation for providing skills to graduates in the context of employability, sustainability and work-related education and training.
Professor McVey said:
“I am truly honored to be appointed Professor of Practice and recognized by one of Britain’s most forward-thinking, inclusive and innovative universities. I have always lived by the mantra that we uplift by uplifting others and will take this opportunity to share with the University and its wider community the many lessons I have learned as an entrepreneur. I hope to be a familiar face on campus and will take the time to listen, engage and learn about the many ideas students have and the challenges they may face. Through collaborative innovation, sharing experiences and understanding what it really means to do good for people and the planet will enable the University to provide the community, business and industry leaders whose society needs.
In 2013 Professor McVey bought Sri Lankan clothing manufacturer Hela Clothing and, by restructuring the business in a sustainable and ethical way, he increased the number of employees from 3,000 to over 20,000 and significantly increased his income. Today, Hela generates nearly $200 million in revenue and employs 15,000 people directly in Ethiopia, Kenya, Sri Lanka and until recently Mexico. Hela Clothing is now listed on the Colombo Stock Exchange
In 2019 Professor McVey moved into a non-executive role at Hela and resigned from the board in 2020. He remains an active shareholder.
He previously served as Entrepreneurship Advisor to the Department for Business, Enterprise and Innovation in the Republic of Ireland and is an ongoing consultant to a diverse group of organizations and government agencies, on the ethical and sustainable growth of businesses. businesses.
In addition to being an advocate for ethical manufacturing practices, he is president of Computer Aid International; a foundation that aims to build a world where everyone has equal access to technology through sustainable IT solutions, providing access to high quality equipment and education in developing countries and at home in the UK. Since its inception, Computer Aid has provided access to technology to more than 14.5 million people worldwide.
In 2009, Professor McVey was named Britain’s second most influential businessman under 30 in The Sunday Times’ Top 30 Players Under 30.
Professor McVey is a respected speaker on business ethics and entrepreneurship and consults with government think tanks and world leaders. He is an outstanding speaker on entrepreneurship, intrapreneurship, ethics and international business, having been one of the key freelance speakers on the main stage of the Conservative Party Conference in 2018, at peak attendance. Bloomberg Modern in 2019 and in Davos in 2020.
His charitable efforts include having been an Independent Trustee of the Royal Chartered Landscape Institute for two terms and he currently is; an Ambassador for The HALO Trust (the world’s largest demining charity), a Trustee and Non-Executive Director of the Overseas Development Institute (an independent global think tank that strives to inspire people and governments to act against injustice and inequality) and an advisory board member of the Coalition for Global Prosperity. Combined, these nonprofits have positively improved the lives of tens of millions of people.
After guiding Hela Clothing to win the 2017 PVH Human Rights Award, Professor McVey’s interests lie not only in what is best for an organization, but also in what is right for the people it serves. it employs and the communities it engages.