IMD Annual Report 2021

Our institution 120

Governance

IMD’s governance structure is composed of three layers – the Executive Committee, the Supervisory Board and the Foundation Board.

Overview

Governance structure

Comprised of key stakeholders – including CEOs from companies with which IMD has strong learning partnerships, leaders of academic institutions, alumni and faculty – the IMD Foundation Board and IMD Supervisory Board are responsible for governance at IMD, as well as ensuring the organization remains relevant to the evolving needs of the global corporate community. In IMD’s three-tier governance structure, the Executive Committee is the management body of the institution. Led by IMD President Jean-François Manzoni, the Executive Committee proposes IMD’s business goals, financial targets and annual budgets within the strategic guidelines agreed with the Supervisory Board. Together, they take decisions in a timely manner with the required quality. The IMD President is appointed by the Supervisory Board.

Foundation board

Supervisory board

Executive Committee