INSEAD, the business school for the world, today announces the appointment of Dean Ilian Mihov as Chair of the Board at Principles for Responsible Management Education (PRME), a United Nations Global Compact initiative.
Dean Mihov is the INSEAD Rausing Chaired Professor of Economic and Business Transformation. He has served as Dean since October 2013, the first Dean based on the school’s Asia Campus in Singapore and second elected to two consecutive terms.
Under his leadership, INSEAD has pursued academic excellence and the school’s mission to bring together people, cultures and ideas to develop responsible leaders who transform business and society.
In April 2020, INSEAD joined the United Nations Academic Impact (UNAI), which aligns institutions of higher education with the United Nations in support of UN goals and mandates. INSEAD is committed to working alongside 1400 institutions to protect human rights, promote access to education, enable conflict resolution and advance action on sustainability.
Dean Mihov will make his first official address in his new capacity at the UN Global Compact Leaders Summit on 15 and 16 June, 2020. He also will speak via virtual videoconference at the PRME Global Forum on 17 and 18 June, 2020.
The school appreciated that Dean Mihov has been appointed as the first chair of the new PRME Board. This body will replace the PRME Steering Committee, most recently Chaired by President of CEEMAN and IEDC Bled School of Management, Danica Purg. Ms. Purg officially will pass chairpersonship to Dean Mihov at the PRME Global Forum on 17 June 2020.
About the announcement, Lise Kingo, CEO and Executive Director of UN Global Compact, said, “I am truly delighted that Dean of INSEAD, Ilian Mihov, is taking on the important role as the Chair of PRME Board. He brings world class leadership, professionalism and integrity to the PRME Board. With Ilian Mihov's leadership, PRME has solid support to create a global movement and thought leadership on responsible management education in collaboration with the UN Global Compact.”
Mette Morsing, Head of PRME, concurred saying, “The appointment of the Dean of INSEAD, Ilian Mihov, as the new Chair of the PRME Board is a strong signal about a promising future for PRME. His global perspective and personal values are key for the UN’s largest initiative on responsible management education. Personally, I look very much forward to working together with Ilian Mihov to advance PRME’s vision.”
Dean Mihov expressed his enthusiasm and vision in joining the PRME Board: “I am honoured and humbled by this appointment. During this turbulent time, it is important for business education to remain steadfast in its priority: to develop responsible leaders who drive business as a force for good, with the mindset and ability to deliver change and societal progress. I look forward to working with colleagues at PRME and the UN Global Compact as we aspire to achieve targets set in the Sustainable Development Goals.”
The PRME Board is a multi-stakeholder steering body that provides strategic policy advice for the PRME initiative. Board members are considered based on dedication and drive to advance the mission of the PRME Principles in academia. The Board consists of academics, business leaders, public sector representatives and student representatives. They act in a personal, honorary and unpaid capacity.
As the world dives into the first year of the Decade of Action to deliver the Sustainable Development Goals, the PRME Board will be instrumental in advancing responsible management education that supports Agenda 2030.
About INSEAD and UN
INSEAD has been a Signatory of UN PRME - The Principles for Responsible Management Education network - since 2008, and has been regularly reporting to UN on its activities in the areas of sustainability.
In April 2020, INSEAD has become a member institution of the United Nations Academic Impact (UNAI), an initiative that aligns institutions of higher education with the United Nations in supporting and contributing to the realization of United Nations goals and mandates, including the promotion and protection of human rights, access to education, sustainability and conflict resolution. It is a network of academic institutions, think tanks, students. It joined some 1400 institutions who are working with the United Nations to promote global priorities such as sustainable development.
INSEAD’s work, in particular - Community Impact Challenge - was already covered on UNAI’s website.
On the top of the official memberships and engagements, INSEAD is known for its work on integrating sustainability across school’s activities and mobilising stakeholders for maximum impact.
INSEAD Hoffmann Global Institute for Business and Society can promote the role of business and business education in the SDGs with authority because the school maintains a valuable partnership with the UN Global Compact Principles for Responsible Management Education.
In Davos during World Economic Forum 2020, Katell Le Goulven, Founding Executive Director of the Institute and Dean of INSEAD Ilian Mihov were invited to the UN SDG Media Zone to talk about the role of business schools in the decade of action. They were joined by the Dean of Saïd Business School at the University of Oxford, Peter Tufano.
More about this conversation here.
