Leadership and Governance

2023-24 Governance Committees and Councils

To further AACSB’s mission of fostering engagement, accelerating innovation, and amplifying impact in business education, we rely on the support of our committees and regional councils. The volunteer educators and business practitioners who comprise this collective offer their time and provide extensive knowledge to the continuous development and growth of AACSB and the Business Education Alliance.
Committees of the Corporation

Purpose

The Articles and Bylaws Committee is responsible for the creation and maintenance of the organization’s bylaws and prepares recommendations for changes in the articles of incorporation and/or bylaws for consideration by the board. The committee is also responsible for preparing recommendations for changes to the Policy Governance Manual for consideration by the board.

Structure

The Articles and Bylaws Committee is composed of up to six, but no less than three, members of the AACSB Board of Directors. The composition of the committee should reflect AACSB’s regional representation as well as its commitment to diversity, equity, inclusion, and belonging. Committee members may serve a maximum of three, one-year terms, which may run consecutively. One member is designated as committee chair by the vice chair-chair elect (who shall preside as board chair during the year for which the appointments are made). In addition, one member is designated as committee vice chair who serves as chair in the absence of the committee chair.

Members

To be announced.

Purpose

The Audit Committee provides oversight of AACSB's financial reporting process and the selection of the independent audit firm. The committee oversees the annual audit of the financial records; receives the results of the independent audit; and recommends to the board and staff such changes in records, internal controls, and procedures, as it deems necessary.

Structure

The Audit Committee is composed of up to six, but no less than four members, including the secretary-treasurer and the chair of the Finance and Investment Committee as ex officio members. The remaining positions are members of the AACSB Board of Directors appointed by the vice chair-chair elect (who shall preside as board chair during the year for which the appointments are made). The composition of the committee should reflect AACSB’s regional representation as well as its commitment to diversity, equity, inclusion, and belonging. Committee members may serve a maximum of three, one-year terms, which may run consecutively. One committee member is designated as committee chair by the vice chair-chair elect (who shall preside as board chair during the year for which the appointments are made). In addition, one member is designated as committee vice chair who serves as chair in the absence of the committee chair.

Members

To be announced.

Purpose

The Executive Committee advises the chair and president and CEO on matters pertaining to the board’s business and staff operations. Between meetings of the board, the Executive Committee may act on behalf of the entire board if the full board’s participation is not feasible or warranted. The committee has oversight of executive compensation and benefits programs offered exclusively to the executive team, works with the president and CEO to develop annual strategic goals for the president and CEO, reviews and evaluates the achievement of these goals, and sets the compensation of the president and CEO. The committee also has oversight of the president and CEO and executive team to ensure the alignment of organizational goals and compensation, including incentive programs, of the president and CEO and executive team.

Structure

The Executive Committee is composed of the board chair, board vice chair-chair elect, immediate past chair, board secretary-treasurer, the president and CEO, and up to three additional directors appointed by the vice chair-chair elect (who shall preside as board chair during the year for which the appointments are made). In the event the immediate past board chair is unable to serve, the person designated by the current board chair and endorsed by the board of directors will serve.

The board chair serves as executive committee chair. Committee members also serving as board officers may serve a maximum of three, one-year terms, which may run consecutively. Each of the additional directors serve a two-year term on a staggered basis. The composition of the committee should reflect AACSB’s regional representation as well as its commitment to diversity, equity, inclusion, and belonging.

Members

To be announced.

Purpose

The Finance and Investment Committee provides oversight of AACSB’s financial condition and asset safeguarding. The Finance and Investment Committee monitors the financial strategies of AACSB, approves the selection of the investment consulting and advisory firm, and oversees the AACSB investment portfolio.

Structure

The Finance and Investment Committee is composed of up to eight, but no less than six, members of the board of directors. The composition of the committee should reflect AACSB’s regional representation as well as its commitment to diversity, equity, inclusion, and belonging. In addition to the committee members, the secretary-treasurer and the chair of the Audit Committee serve as ex officio members of the Committee. Committee members may serve a maximum of three, one-year terms, which may run consecutively. One committee member is designated as committee chair by the vice chair-chair elect (who shall preside as board chair during the year for which the appointments are made). In addition, one member is designated as committee vice chair who serves as chair in the absence of the committee chair.

Members

To be announced.

Purpose

The Nominating Committee is responsible for reviewing nominees solicited from its member organizations and selecting the slate of candidates for all open AACSB officer and director positions being presented for election in January of each year.

Structure

The Nominating Committee is composed of the board chair (who serves as Nominating Committee vice chair); vice chair-chair elect; immediate past chair (who serves as Nominating Committee chair), or in the event the immediate past chair is unable to serve, the person designated by the current board chair and endorsed by the board of directors; and up to six other members from the membership at large, appointed by the vice chair-chair elect. The composition of the committee should reflect AACSB's regional representation as well as it’s commitment to diversity, equity, inclusion, and belonging.

Members

To be announced.

Special Committee

Purpose

The Innovation Committee is charged with helping to empower business education providers and their partners to move deeply, strategically, and successfully in pursuit of new opportunities that positively impact business and society. The Innovation Committee explores emerging innovations and effective practices, helps to incubate ideas and a vision for business education, and guides AACSB efforts to develop reports and other content aimed at helping business education providers and their stakeholders to understand the related challenges and opportunities. The committee evaluates issues and challenges and makes recommendations to the board on AACSB policies, plans, and tactics for addressing identified challenges and opportunities. The committee may commission independent research within the annual operating and capital budgets approved by the board.

Structure

The Innovation Committee is composed of at least seven members with representation from accredited and non-accredited educational organizations, and business organizations. Appointments should ensure that the committee has the appropriate knowledge and skill set to fulfill its responsibilities. A majority of the committee members must be current members of the AACSB board. The committee is chaired by the board vice chair-chair elect, and members are appointed annually. The current board chair serves as vice chair of the committee and serves as chair in the absence of the committee chair. The composition of the committee should reflect AACSB’s regional representation as well as its commitment to diversity, equity, inclusion, and belonging, and members normally serve a maximum of three, one-year terms, which may run consecutively.

Members

To be announced.

Advisory Councils

Purpose

The purpose of the Asia Pacific Advisory Council (APAC) is to advise the AACSB board of directors and staff on key issues and challenges, assist in setting priorities related to business education and AACSB's mission, and enhance AACSB’s activities and engagement in the Asia Pacific context.

Structure

The APAC is composed of a chair and up to 11 members appointed by the board vice chair-chair elect. Of the 12 members, at least five must be deans or those holding similar roles representing AACSB-accredited organizations in the Asia Pacific region. The remainder may be deans or those holding senior leadership roles representing Asia Pacific institutions that, at the time of appointment, are either member organizations, member organizations formally accepted into the AACSB initial accreditation process, or representatives from business organizations or business practice. The council composition should reflect AACSB’s commitment to diversity and inclusion.

Chair

Amanda Gudmundsson, Queensland University of Technology

Members

Shantanu Bhattacharya, Singapore Management University
Raghav Gupta, Coursera India Private Limited
Alimaa Jamiyansuren, Peregrine Academic Services, LLC
Miyoung Lee, Konkuk University at Seoul
Netra Neelam, Symbiosis Centre for Management and Human Resource Development
Rosmini Omar, Universiti Teknologi Malaysia
Weichi Tsai, National Chengchi University
Mari Iizuka, Doshisha University
Vichita Ractham, Mahidol University
Teguh Dartanto, Universitas Indonesia
Yugang Yu, University of Science and Technology of China

AACSB Staff Liaisons

Geoff Perry, Executive Vice President, Global Chief Membership Officer, and Managing Director, Asia Pacific
Angelina R. Chandra, Centre Manager

Purpose

The purpose of the Business Practices Council (BPC) is to serve as a collaborative partnership for an ongoing and sustainable relationship between the business community and business schools at the business education industry level. Council members are invited to bring their perspectives, expertise, and insights to discussions as the BPC seeks to improve business education worldwide and to engage with the AACSB network in matters of mutual interest for mutual advantage.

Structure

The BPC is composed of a chair, four to six business school deans or those holding similar roles, and 10 to 14 members of the business community, with the public, private, and social sectors represented. One business practices member from each regional advisory council may also be appointed to the BPC. The composition of the BPC should reflect AACSB’s commitment to diversity and inclusion.

Members

Committee Chair
Deborah H. Caplan, Executive Vice President of Human Resources and Corporate Services, NextEra Energy

Committee Members
Bernie Baskin, Walmart
Mark Cousino, Kyndryl
Andrew Currah, Apple
Joseph DiAngelo, Saint Joseph’s University, Haub School of Business
Tracey Golden, AICPA Foundation
Jake Hansen, Apple
Ann Harrison, University of California at Berkeley, Haas School of Business
Simon Hayward, Accenture
Bill Imada, IW Group
Tony Lee, Society for Human Resource Management
Mike Malefakis, Emeritus
Jean-Francois Manzoni, IMD
Roy Mathew, Deloitte
Austin Okere, CWG Plc
Julie Peters, PricewaterhouseCoopers
Holly Raider, Quinnipiac University School of Business
Cosmo Saginario, Grant Thornton
A. Michael Smith, NASDAQ

Ex Officio Member
Lily Bi, AACSB International

Staff Liaison
Nicholas Igneri, Chief Learning Officer, AACSB International
Melissa Silvest, Business Development Manager, AACSB International

Purpose

The purpose of the European Advisory Council (EAC) is to advise the AACSB board of directors and staff on key issues and challenges, assist in setting priorities related to business education and AACSB’s mission, and enhance AACSB’s activities and engagement in the European context.

Structure

The EAC is composed of a chair and up to 11 members to be appointed by the board vice chair-chair elect. Of the 12 members, at least five are deans or those holding similar roles representing AACSB-accredited organizations located in Europe. The remainder may be deans or those holding senior leadership roles representing European organizations that, at the time of appointment, are either member organizations, member organizations formally accepted into the AACSB initial accreditation process, or representatives from business organizations or business practice. The composition of the council should reflect AACSB’s commitment to diversity and inclusion.

Members

Council Chair
Jasmina Selimovic, University of Sarajevo, Bosnia-Herzegovina

Council Members
Roel Beetsma, University of Amsterdam, The Netherlands
Álvaro de la Rica Aspiunza, Deusto Business School, University of Deusto, Spain
Clara Raposo, Universidade de Lisboa
Christophe Germain, Audencia, France
Jean-Philippe Muller, International University of Monaco
Alessandro Perego, Politecnico di Milano School of Management, Politecnico Milano, Italy
Hanna-Leena Pesonen, Jyväskylä University School of Business and Economics, University of Jyväskylä, Finland
M.N. Ravishankar, Queen’s University Belfast, U.K.
Markus Rudolf, WHU-Otto Beisheim School of Management, Germany

Corporate Representatives
Laurent Gheeraert, QTEM, Belgium
Katalin Kovacs, Peregrine Global Services, The Netherlands
Vicky Lester, The Case Centre, U.K.

Staff Liaisons
Marine Condette, Senior Accreditation and Member Services Manager, AACSB
Ronald S.J. Tuninga, Vice President and Managing Director, Europe, the Middle East, and Africa, AACSB

Purpose

The purpose of the Latin American and Caribbean Advisory Council (LAAC) is to advise the AACSB board of directors and staff on key issues and challenges, assist in setting priorities related to business education and AACSB’s mission, and enhance AACSB’s activities and engagement in the Latin American and Caribbean context.

Structure

The LAAC is composed of a chair and up to 11 members to be appointed by the board vice chair-chair elect. Of the 12 members, at least five are deans or those holding similar roles representing AACSB-accredited institutions located in Latin America or the Caribbean. The remainder may be deans or those holding senior leadership roles representing Latin American or Caribbean institutions that, at the time of appointment, are either member organizations, member organizations formally accepted into the AACSB initial accreditation process, or representatives from business organizations or business practice. The council composition should reflect AACSB’s commitment to diversity and inclusion.

Members

Chair

Francisco Pérez-Gonzalez, ITAM, México

Members

 Isabelle Chaquiriand, Universidad Católica del Uruguay
Otavio Figueiredo, COPPEAD
Irineu Gianesi, INSPER, Brazil
Melani Machinea, Universidad Torcuato Di Tella
Alfredo Nava, Universidad Anáhuac, México
Xavier Ordeñana, ESPAE-Graduate School of Management, Ecuador
Enrique Ramírez, ICESI, Colombia

José Tessada, Pontificia Universidad Católica de Chile

Juan Carlos Sosa, Universidad Ana G. Mendez
Flávio Vasconcelos,
Fundação Getulio Vargas-Rio de Janeiro, Brazil
Cristina Velez-Valencia, Universidad EAFIT

AACSB Staff Liaisons

Maria Baltar, Regional Head, Americas


Purpose

The purpose of the Middle East and North Africa Advisory Council (MENAAC) is to advise the AACSB board of directors and staff on key issues and challenges, assist in setting priorities related to business education and AACSB’s mission, and enhance AACSB’s activities and engagement in the MENA context.

Structure

MENAAC is composed of a chair and up to 11 members to be appointed by the board vice chair-chair elect. Of the 12 members, at least five are deans or those holding similar roles representing AACSB-accredited organizations in the Middle East or North Africa. The remainder may be deans or those holding senior leadership roles representing Middle Eastern or North African institutions that, at the time of appointment, are either member organizations, member organizations formally accepted into the AACSB initial accreditation process, or representatives from business organizations or business practice. The council composition should reflect AACSB’s commitment to diversity and inclusion.

Members

Chair
Assaad Farah, American University in Dubai

Council Members
Olivier Aptel, International University of Rabat
Haifa R. Jamal Al-Lail, Effat College of Business, Effat University
Fadi Kattan, Bethlehem University
Barry O’Mahony, Abu Dhabi University
Joanne Powell, QED: The Accreditation Experts
George Sammour, Princess Sumaya University for Technology
Karim Seghir, Ajman University
Yusuf Sidani, American University of Beirut
Rana Sobh, Qatar University
Leila Triki, Mediterranean School of Business
Christine van den Toorn, Baghdad Foundation for Business Management

Staff Liaisons
Ronald S.J. Tuninga, Vice President and Managing Director, Europe, the Middle East, and Africa, AACSB 
Ihsan Zakri, Regional Head, Middle East and Africa

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