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About INSEAD

Our Leadership

Dean

Francisco Veloso
Francisco Veloso

Dean

Francisco Veloso is the Dean of INSEAD since 1 September 2023, leading the school across its full range of activities and four locations.

 

Previously, he was the Dean of Imperial College Business School, and before that, the Dean at Católica Lisbon School of Business & Economics.  Francisco spent the formative years of his academic career at Carnegie Mellon University, where he became a Full Professor and retains an adjunct appointment.

 

During his tenure at Imperial College, Francisco led the school through a period of significant growth and bolstered its position as a preeminent global business school. It was recognised for its research excellence, including an outstanding REF result, developing strong externally sponsored initiatives in sustainability, digital transformation, entrepreneurship and health. The school also pushed the frontier of digital and hybrid teaching and increased the impact of its programmes, including the launch of...

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Francisco Veloso

Dean

Chairman

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Dr. Andreas Jacobs MBA'90D

Chairman of the INSEAD Board 
Member of the Board of Jacobs Holding AG

Andreas Jacobs (1963) studied law at the Universities of Freiburg im Breisgau, Munich and Montpellier and subsequently obtained a postgraduate degree in European competition law (Dr. iur.) from the University of Freiburg im Breisgau. Afterwards he obtained a MBA from INSEAD in Fontainebleau.

 

From 1991 to 1993, Andreas Jacobs worked as a consultant and project manager at The Boston Consulting Group in Munich. Since 1992, Andreas Jacobs has been an independent entrepreneur with a stake in several companies plus minority interests in several other companies.

 

From 2000 to 2019, Andreas Jacobs managed various investments of the Jacobs family in Switzerland, inter alia as Chairman of the Board of Directors of Barry Callebaut AG, Chairman of Jacobs Holding AG, Vice-Chairman of Adecco SA, Chairman of Infront Sports & Media AG and Chairman of Brach's Inc. in Chicago.

 

Furthermore, he is Chairman of Minibar AG, Switzerland, President of...

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Dr. Andreas Jacobs MBA'90D

Chairman of the INSEAD Board 
Member of the Board of Jacobs Holding AG

Board of Directors

Members of the Board

The INSEAD Board of Directors, chaired by Dr Andreas Jacobs, is responsible for overseeing strategic moves, financial decisions, budgets and end-of-year accounts and for appointing the Dean.

Today, the INSEAD Board is composed of 20 internationally recognised business leaders from a wide range of industry sectors. Most are INSEAD alumni and together they represent ten nationalities.

Several Board Committees, appointed by and reporting to the Board, also involving representatives of the school's management and external experts, deal with more specific issues: the Audit, Finance and Risk Committee; the Endowment Management Committee; the Nominations Committee and the Remuneration Committee and, when appropriate, the Campaign Board, the Dean Search Committee and the Chairman Search Committee.

Chairs

Members

Permanent invitees

INSEAD Representatives

Ex-Officio

Board Committees

Several Board Committees, appointed by and reporting to the Board, make expert, in-depth recommendations on specific areas. Most Committee members belong to the full Board or are Permanent Invitees. This structure also allows for additional external experts to be brought in and for temporary committees to be formed – whenever beneficial.

Audit, Finance & Risk

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.

Chairman Jolyon Barker

Global Managing Principal
Clients & Industries, Deloitte

Members

Emma Goltz
Vice Chair, INSEAD Board of Directors

François Hériard-Dubreuil
Chairman, Foundation INSEAD
Chairman, Rémy Cointreau Foundation

Andreas Jacobs
Chairman, INSEAD
Member of the Board of Jacobs Holding AG

Chwee Foon Lim
CEO Asia Pacific, Ekso Bionics

Martine Vice-Holter
CEO, Hoegh Capital Partners Advisor

Endowment

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.

Chairman  Alexis Habib
CEO, Spinnaker Capital

Members

François Hériard-Dubreuil
Chairman, Foundation INSEAD
Chairman, Rémy Cointreau Foundation

Alexandra Papalexopoulou
Deputy Chair, Group Executive Committee of Titan Cement International

External Experts

Nick Cavalla
CEO, Talisman Global Asset Management Ltd

Jeremy Golding
Managing Partner, Golding Capital Partners

Ian Potter
Managing Partner, Lion City Capital

Nesreen Srouji
Head of Investors Relations, Middle East, Africa and Asia, Florin Court Capital
CEO Middle East, Amundi

INSEAD Faculty

Lucie Tepla
Affiliate Professor of Finance

Facilities

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.

Chairman
Susan Lloyd-Hurwitz
Members

Erica Alessandri
Board Director, Technogym

François Hériard Dubreuil
Chairman, Foundation INSEAD
Chairman, Rémy Cointreau Foundation

Philippe Houzé
Chairman of the Executive Board, Galeries Lafayette Group

Louis Lim
Chief Executive Officer and Executive Director, Keppel Land

Eric Sasson
Chairman, RedTree Capital

Permanent invitees

Attila Cselotei
Chief Operating Officer

Andreas Jacobs
Chairman, INSEAD
Member of the Board of Jacobs Holding AG

Francisco Veloso
Dean, INSEAD

Enver Yücesan
Professor of Operations Management

Governance

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.

Chairman

Andreas Jacobs
Chairman, INSEAD
Member of the Board of Jacobs Holding AG

Francisco Veloso
Dean, INSEAD

Members

Frans Blom
President, INSEAD Alumni Association
Chairman of the Supervisory Board, Van Lanschot Kempen

Arnoud De Meyer
Professor, Lee Kong Chian School of Business, Singapore Management University

Javier Gimeno
Dean of Faculty
Professor of Strategy

Emma Goltz
Vice Chair, INSEAD Board of Directors 

Andrew Shipilov
Professor of Strategy

Enver Yücesan
Professor of Operations Management

Nominations and Compensation

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.

Chairman

Pascale Witz
Founder and President, PWH Advisors

Members

Arnoud De Meyer
Professor, Lee Kong Chian School of Business, Singapore Management University

Patrick Firmenich
Vice-Chairman of the Board, DSM/Firmenich

Andreas Jacobs
Chairman, INSEAD
Member of the Board of Jacobs Holding AG

Christina Law
Group CEO, Raintree Group of Companies

Other Board Committees

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

Executive Committee

The Executive Committee is the highest executive body at INSEAD. Chaired by the Dean, it is made up of a mix of faculty and staff members from across locations; as appointed by the Dean. The Executive Committee:

  • Shapes the strategic direction of the school
  • Discusses critical short- and long-term topics to ensure continued impact and sustainability of the school
  • Ensures the school’s efficient and effective operations and collaboration across departments

Members

Dean

Area Deans

Associate Deans and Chief Officers

Advisory Council

The role of the Advisory Council is to develop the school’s strategic thinking as well as help perpetuate its founding principles and values. As the name suggests, the Council acts in a purely advisory capacity to the Board and the Dean. 

Members

Chairman

Mika Salmi
Managing Partner, Lakestar
Non-executive Director Karen Fawcett
Former Multinational CEO, and Entrepreneur

Members

Rolf Abdon
Chief Executive, Abdon Mills

Baron Jean-Pierre Berghmans
Chairman of the Executive Board, Lhoist Group

Paul Desmarais Jr
Chairman & Co-CEO, Power Corporation of Canada

Deepak Gupta
Founder and Chairman, Denita Group of Companies

Tuulikki Janssen
Honorary Member

Sven Kado
Non-executive Chairman, Marsh and Mercer

Barbara Kux
Board member, Firmenich, Henkel, Total and Umicore

Daniel Labrecque
Chairman, DNA Capital

Daniel Lalonde
CEO, Design Holding

Sir Andrew Large
Former Deputy Governor, Bank of England

Charles Mackay
Chairman, Opera Holland Park Trust

Edward Mork
Retired Executive VP, Royal Ahold

Claude Rameau
Professor Emeritus, INSEAD
Former Dean, INSEAD

R. Todd Ruppert
Founder and Chief Executive Officer,
Ruppert International Inc.

Permanent Invitees

Francisco Veloso
Dean, INSEAD

Andreas Jacobs
Chairman, INSEAD
Member of the Board of Jacobs Holding AG

 

National Councils

Purpose

Key Communication Channel

The National Council acts as a channel of communication between top business executives from a particular geography and INSEAD. The Council members support INSEAD's ambition to stay close to the business community in that geography and its needs at the highest levels.

The Council is meant to be a top executive's opportunity for updates on INSEAD activities and thought provoking encounters with peers, Deans of INSEAD and INSEAD faculty. The Council is requested to advise on:

  • how INSEAD could contribute to and benefit from the business community in that geography through its vision as articulated by the Dean of INSEAD
  • whether/how that business community could support and enhance INSEAD's vision
  • how to anticipate and respond appropriately to business needs and developments in that geography in the planning of INSEAD's activities (MBA, EMBA, Executive Education, PhD and Research)

Key Support

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.

Term

The term of a membership is three years and is renewable by mutual consent. The President may ask members who miss 3 consecutive meetings or do not visit a campus during their term to relinquish their membership. Delegation to the National Council orInternational Council meetings is not possible in order to maintain the distinctive, high profile of the Council

Meetings

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.

Click here to view the list of National Council Presidents

International Council

Mission

The International Council has three principal goals: 

  • To offer counsel and advice to INSEAD on its strategic direction.
  • To help INSEAD achieve its mission:
    • to promote a non-dogmatic learning environment that brings together people, cultures and ideas from around the world, changing lives, and helping
    • transform organisations through management education.
    • to develop responsible, thoughtful leaders and entrepreneurs who create value for their organisation and their communities.
    • to expand the frontiers of academic thought and influence business practice.
  • To sustain relationships with individuals, institutions and corporations with whom INSEAD is in contact around the world.

History

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.

Activity

The annual meeting of the International Council takes place in Fontainebleau, France.

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.

Council Membership

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 terms of membership are described under National Councils.

Chair

The Chairperson of the International Council is an ex-officio member of the INSEAD Board and is appointed by the INSEAD Board on proposition of its Chairperson and of the Dean. Jointly with the Dean, the International Council Chairperson appoints each President of a National Council on the recommendation of that National Council.

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.

Fondation INSEAD

The 'Fondation INSEAD' was created in 1998 and since its inception pursues the aim of fostering in-depth business knowledge and ensuring its diffusion to the public on an international scale. The foundation contributes to the excellence and development of the school by acting in several areas such as funding research programmes, granting scholarships to INSEAD candidates, and disseminating research findings to an international audience.

Members

President

François Hériard-Dubreuil
President, Rémy Cointreau

Vice president

Lionel Sauvage
President AFHI-Art (Amis du festival de l’Histoire de l’Art)

Members

Valérie Coscas
Head of Strategy – France, Amazon Web Services

Professor Hubert Gatignon
Emeritus Professor of Marketing
The Claude Janssen Chaired Professor of Business Administration, Emeritus

Maria Guadalupe
Professor of Economics and Political Science
Academic Director of the INSEAD Randomized Control Trials (RCT) Lab

Benoît Habert
Deputy Managing Director, Dassault Group

Lilia Jolibois
Board Director, Futuren (EDF Renewables) France

Vincent Lapras
Founder COVILA

Javier Gimeno
Dean of Faculty
Professor of Strategy
Aon Dirk Verbeek Chaired Professor in International Risk and Strategic Management

Government representatives

French Home Office
French Ministry of Finance and Industry
French Ministry of Foreign and European Affairs (Foreign Office)