INSEAD, the global business school with campuses in Europe, Asia and Middle East, has announced the re-appointment of Ilian Mihov, the current Dean and the Rausing Chaired Professor of Business and Economic Transformation, as Dean of INSEAD for a second five-year term commencing September 1, 2018. Professor Mihov has been serving as Dean of the school since October 1, 2013. He is also the first Dean to be based in the school’s Asia campus in Singapore and the second Dean of INSEAD to be elected for two consecutive terms.

Dean Mihov’s re-appointment was confirmed by the INSEAD Board, following the INSEAD Dean Renewal Committee’s recommendation, after the school’s faculty voted overwhelmingly in favour of it.

Andreas Jacobs (MBA’90D), Chairman of the INSEAD Board, said, “Ilian’s renewed mandate strengthens what we all believe to be a historically significant time for INSEAD. I want to thank Ilian for all he has done for the school thus far, and for having been so inspired by the entire INSEAD community that he welcomed this extension of his service. I am looking forward to working closely with Ilian during his next term as he leads INSEAD into a bold and exciting future.”

Under Dean Mihov’s leadership, INSEAD has strengthened its academic excellence by hiring the best minds from around the globe. Widely recognised as a school of international thought leadership, the faculty are consistently celebrated for the impact of their research, the dynamic course delivery through innovative teaching methods and leading-edge online programming, as well as the value of their business cases.

During his current term, INSEAD achieved a “triple-first” in the Financial Times rankings in 2016 – INSEAD’s MBA and Tsinghua-INSEAD EMBA (TIEMBA) programmes were ranked #1, while the Global Executive MBA (GEMBA) program was the highest ranked single-school EMBA programme. The INSEAD MBA programme retained its #1 position in the Financial Times ranking in 2017.

Ilian Mihov, Dean of INSEAD and Professor of Economics, said “I am humbled by the vote of the faculty and the Board. I look forward to increasing the collaborative momentum created by our exceptional faculty, our dedicated staff, our loyal alumni, and our spirited students across three campuses. At this transformational time in INSEAD’s history, we are all aligned in our efforts to make the school the most impactful business school in the world. Together we can build the business school of the future: a business school that champions business as a force for good.”

Dean Mihov’s first term has also seen the school gain numerous achievements and innovations. For example: the campus expansion in Singapore to meet the increasing demand of management education globally, a revitalised MBA curriculum to better prepare students to build new businesses, and an integrated digital strategy in which INSEAD Customised Online Programme has received prominent awards for industry impact. In addition, the school has developed highly personalised and comprehensive career services, which yield outstanding results. The school has also seen a major increase in MBA applications and the highest-ever proportion of female students at a record 38 percent for the classes graduating in 2017. Finally, in the last few years under Dean Mihov’s term, INSEAD has engaged in increased outreach and fundraising efforts, yielding outstanding results. Investments in the school in 2015-2016 amounted to €23.8M, an increase of 67% over the year prior, while the establishment of new initiatives such as the global Alumni Forums have connected the alumni back to the school.

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