IMD Annual Report 2019

137

• Continued growth in ‘Executives in Residence’, adjunct faculty and coaching team – supporting our local resources that can be deployed quickly • An increasing number of European clients running programs in Singapore, supported by IMD to help with impactful interventions • Very strong year for print, traditional and online media coverage, with interviews, editorials and mentions • 2019 marked the end of Winter Nie’s leadership and the transition period into a new phase in 2020 for SouthEast Asia andOceania. Professor Nie remains as Dean of China.

IMD made further progress in the region, including reaching newheights inChina, with a strong reputation among the Chinese banking industry driving the acquisition of new clients, including the world’s largest bank. In the highly competitive South East Asia region, 2019 was both a year of consolidation, as well as investment and innovation. The institution recorded new highs for its revenue and number of clients in China. IMD’s operations also entered a new era through a year of leadership transition in the region with the handing of the baton from Professor Winter Nie to Professor Misiek Piskorski. IMD successfully maintained a number of current corporate clients, deepening relationships and new interventions, while also attracting four new clients to its portfolio and winning back two former clients in South East Asia. The institution also explored and adopted new kinds of interventions, embracing technology for online learning programs and webinars to scale up services and reach wider audiences. Coaching journeys, assessment and advisory work helped to complement IMD’s traditional approaches to drive long-lasting and deep impact. 2019 HIGHLIGHTS • South East Asia remaining strong in open programs, in particular • Outreach and network building continued via events with faculty in many cities across Asia, as well speaking engagements and keynotes across the wider Asia-Pacific region

Staff statistics 9 Singapore I 2 China Agents in Japan (1) and Australia (1)

Spotlight: China In the ever-important Chinese market, IMD continued to make great strides in 2019, attracting new clients and recording record revenues. This included partnerships with significant, influential and prestigious institutions in the banking sector such as Agricultural Bank of China and the Bank of Communications. In particular, IMD partnered with Industrial and Commercial Bank of China - the world’s largest bank.