IMD business school for management and leadership courses
Governance
2024 was a year of transition for IMD’s leadership. After eight years President Jean-François Manzoni stepped down to continue his distinguished career as a member of IMD’s faculty. As President, he steered IMD securely through the COVID-19 pandemic, pivoted its strategic focus, and delivered a successful transformation of its programs and research portfolio to deliver record performance, doubling the size of the institution.
Following a smooth handover during the summer, David Bach officially took the helm as IMD President on 1 September 2024, four months after being unanimously appointed by the IMD Supervisory Board.
On taking up the role, he appointed a smaller, more integrated Leadership Team to drive forward IMD’s vision to become, and be recognized as, the world’s most impactful business school.
Oversight, guidance and integrity
IMD’s governance structure is composed of three layers: the Leadership Team, the Supervisory Board, and the Foundation Board. Our President is appointed by the Supervisory Board. Under his leadership, the Leadership Team sets IMD’s business goals, financial targets, and annual budgets, all in alignment with the strategic guidelines set by the Supervisory Board.
The President is responsible for proposing the structure and composition of his Leadership Team. He ensures the Supervisory Board is regularly informed about developments, actions, and results, and he delivers an annual activity report to the Foundation Board.
Our quality assurance strategy is designed to foster a culture of excellence and innovation in learning and impact.
The Foundation Board, IMD’s highest governing body, in conjunction with the Supervisory Board, ensures that IMD remains relevant to the evolving needs of the global corporate community.
These boards are composed of key stakeholders, including CEOs from companies with deep learning collaborations, leaders of academic institutions, alumni, and a faculty representative.
Please read our full report for information on financial governance
The IMD Leadership Team
In 2024, the IMD Supervisory Board consisted of nine members:
In 2024 the Foundation Board consisted of 51 members:
