CREES has much to be proud of during it 50 years, not least the fact that its graduates have achieved such distinction, not only in many universities in the UK and abroad, but also in business, diplomacy, the military, NGOs and the media. Being Director over many years was often challenging, at times severely so, but also a privilege. There have been setbacks as well as successes. I suspect all Directors have at one time or another thought that CREES is better appreciated externally than nearer home; nemo propheta in patria sua. When I joined the Centre it had 10 members of staff. Over the years numbers fluctuated, with a variable number of research fellows, peaking at 16 in c.2008. Now, regrettably, CREES has only 7.2 members of staff. But the 0.2, who will finally retire in November this year, is confident that CREES will rebuild, grow and maintain its reputation as one of the leading centres for area studies. The proposal to rename CREES, the Centre for Russian, European and Eurasian Studies, has my full support. It reflects the massive changes in the world, not least the rising power of Asia and the emergence of new Eurasian powers likely to become increasingly significant actors in the years ahead. The research agenda is rich and challenging, a veritable ocean of issue for the next 50 years: bol’shomu korablyu – bol’shoe plavanie.