Our Leadership

This committee serves to strengthen INSEAD’s financial and risk management. Its duties include: reviewing budgets and annual accounts; talking to the external auditors; examining major capital expenditure proposals; assessing key philanthropic gifts; identifying sources of reputational and financial risk; and analysing risk-control processes.

Like many other successful educational institutions, INSEAD relies on returns from its invested endowment fund to finance scholarships, faculty Chairs, research and other activities. The Endowment Management Committee advises the Board on all questions of investment strategy. Its members include INSEAD finance professors, representatives of the INSEAD foundations and external experts.

The purpose of the Facilities Committee is to develop and monitor the policy, strategy and planning for all aspects of INSEAD’s physical assets, including but not limited to land, buildings, and institutional facilities. It also includes oversight of the development, renovation, and any potential future openings and/or closings of campuses or facilities.

The Governance Committee advises the Board on overarching school and academic governance, refines processes for Board and Faculty governance, and facilitates Board and Faculty communications.

The Nominations and Compensation Committee advises the Dean on all remuneration matters, including salaries, bonuses and pension schemes for the senior leadership, faculty and staff. This Committee also advises the Board on all matters regarding Board succession, working to ensure that the composition reflects the expertise, characteristics and perspectives needed to achieve the mission and strategic objectives of the School.

Temporary committees have traditionally included: the Campaign Board (during fundraising campaigns); the Dean Search Committee; and the Chair Search Committee.

Dean

Area Deans

Associate Deans and Chief Officers

The Council members promote the recognition and support of INSEAD in the particular geography and specifically assist INSEAD in its objective to improve the quality of programme applicants and increase the career opportunities for graduates.

The Council members enhance, at their national levels, INSEAD's financial development through encouraging and inviting support from corporations, individuals and foundations.

The membership term is three years and is renewable by mutual consent. The President may ask members who miss three consecutive meetings or do not visit a campus during their term to relinquish their membership. Delegation to the National Council or International Council meetings is not possible in order to maintain the distinctive, high profile of the Council.

Frequency

Most National Councils typically meet at least once a year. Council members are encouraged to maintain regular close contact with the INSEAD Alumni Associations from the Council member countries. The President of the Council will set the exact place and time of meetings.

Guests

The President, in coordination with the Dean, may invite guests to attend a Council whether to present on a topic of particular interest or to meet the Council. The members are therefore encouraged to suggest guests to the President and help to attract them when invited. The guest should match the members' top-level business profile.

Should a member of the International Council be travelling or staying in a country at the time of the National Council meeting, they are cordially invited to make themselves known and to participate in the meeting.

INSEAD's first Advisory Boards were set up in 1974 to provide essential links between the Institute and the national business communities in key European countries. The International Council was created in 1983 to extend and reinforce these links worldwide.

In 1992, building on the synergy between the International Council and the National Advisory Boards, the Council and the Boards became a single entity. This format meets INSEAD's needs for a national presence in an increasing number of countries and for an international outlook, both of which are vital to INSEAD's advancement.

Today the International Council is composed of:

• All the members of National Councils in the following 25 geographies:
  • Australasia (1998), Austria (1997), Belgium (1979), Brazil & Latin America (1998), Canada (1985), Denmark (1989), East Asia (2003), Finland (1983-2008, 2009), France (1975), Germany (1979), Greece (2006), India (2005), Israel (2006), Italy (1996), Japan (1986-2006, 2009), The Netherlands (1981), Norway (1985), Portugal (1998), Singapore (2000) Southern Africa (1998-2008), Spain (1981), Sweden (1983), Switzerland (1984), United Kingdom (1979), USA (1978), USA - West Coast (2002).
• All other members of the International Council.
• All INSEAD Board members.

This offers an annual opportunity for the Dean to report on INSEAD's recent progress and plans for the future. All Council members are invited and encouraged to attend this meeting.

It is customary for members to be owners, chairpersons, chief executives and senior board members of major multinational and national corporations or prominent entrepreneurs. Members are known to be committed to management education and development. As members, they are asked to serve as INSEAD's ambassadors and are encouraged to promote INSEAD.

New members join the International Council as members of a National Council, by invitation of the President of the National Council of their country of domicile or residence (in consultation with the Dean, the Chairperson of INSEAD and of the International Council). The Presidents of the National Alumni Associations from Council member countries are ex officio members of the National Council in their country. The Chairperson of the International Council may invite new members to join.

The term of the Chairperson of the International Council is three years and is renewable twice, apart from an exceptional decision of the Board of Directors, which could extend a mandate for an additional period of three years. He/she may nominate up to four Vice Chairpersons.

The Chairperson works in close collaboration with the Dean, the Secretary General, the External Relations Department of INSEAD and in particular the Executive Director of Communications, who is responsible for the organisation of the International Council meeting.