The role, which is appointed annually, was originally created by Sir Peter himself prior to his death.
The celebrated actor, director and storyteller, believed, in his own words, that “prejudices are the starting point of many accumulating disasters in this world” and created the position to try and influence change.
The Professorship aims to "support and conduct studies investigating the origins of prejudices and their impact on the resolution of conflicts and on human behaviour, with a view to combating and overcoming prejudices seen as a root cause of poverty, discrimination and conflicts in the world and thereby contribute to a non-confrontational social coexistence among peoples.”
Previous chair holders include the Hungarian philosopher Professor Ágnes Heller, Professor Andrei Markovits, of the University of Michigan, and Professor Verena Kast, of the University of Zürich.
The role entails delivering a programme of lectures and seminars that relate to the subject of tolerance, intolerance and the combatting of prejudice.
During his Professorship, Dr Knight, a senior lecturer in International History at Loughborough University, will be attached to the Institute of Contemporary History of Vienna University and will be lecturing on the history of liberal ideas.
From John Locke to Brexit, he will examine a range of ideas from the 17th century to the present day and themes of tolerance and intolerance.
Dr Knight’s lectures and seminars will look at John Milton's Areopagitica, Voltaire, Mary Wollstonecraft, J.S.Mill, Brian Barry, Susan Mendus plus the legacy of National Socialism to name but a few topics.
He will end the programme of events by discussing the evidence of intolerance in the Referendum Campaign, using a text by the murdered MP Jo Cox.
Commenting on his appointment, Dr Knight said: “I feel greatly honoured, not only because Sir Peter Ustinov was a larger-than-life polymath but because I have great sympathy for his ideals.
“I am also strongly aware that I am following in the footsteps of several eminent scholars.
“I hope to deepen our understanding of the roots of intolerance through exploring historical controversies about the nature of tolerance.”