GMAC Board Election Affirms Continuity, Drive toward Business for Good
July 17 2024 - 9:00AM
The Graduate Management Admission Council (GMAC), a non-profit
association representing over 200 graduate business schools around
the globe, today announced the election to her first full term of
Itziar de Ros, associate dean of advancement and engagement at IESE
Business School, and the re-election of François Ortalo-Magné, dean
of London Business School, to another term of four years to its
board of directors. In addition, Jay Nibbe, former global vice
chair of markets at EY, was re-appointed for a second term. All
three started their new term on July 1, 2024.
With the GMAC board’s continuity confirmed by its
member schools, it also reiterates its commitment to the
organization’s mission to serve prospective candidates with talent
and aspirations in business careers and school professionals who
are passionate about holistic admission practices to build an
inclusive classroom while delivering high quality education and
services to their students.
“For seven decades, we have been known for
providing business schools with assessment tools that give insight
into a prospective student’s readiness for the academic rigor of
their programs. Equally important is how we also educate school
professionals in the latest marketing and recruiting approaches to
deepen the global candidate pipeline, ensure that our conference
and event curriculum remains robust and addresses immediate
industry needs, and continue to inform schools on what we are
learning about the pipeline through our research that takes a
deeper dive into special segments and global regions,” said Joy
Jones, CEO of GMAC. “Our newly confirmed board, along with our
staff across continents, recognizes our long-term investment in
both the business schools and the candidates aspiring to enter
them. We remain driven toward realizing the vision of a world where
every talented person can benefit from the best business
education for them, knowing that business school graduates are
motivated to take on some of our greatest challenges.”
GMAC programs, products, and services are widely
available, and the organization takes additional measures to ensure
everyone with aspirations has opportunity. GMAC’s commitment to
cultivating an inclusive talent pipeline spans decades. 30 years
ago, GMAC co-founded The PhD Project, an organization with an aim
to positively impact the diversity of the workforce by
changing faculty representation, and for 20 years has supported the
Forté Foundation, whose mission is to propel women to successful
careers through access to business education and opportunities.
Donations to these and other pipeline organizations have surpassed
$6 million. Well into its third year, the GMAT Talent and
Opportunity Scholarship has benefited dozens of business school
aspirants from underrepresented communities in Europe to promote
business school inclusivity. GMAC Tours hosts virtual and in-person
spotlight events specifically for MBA applicants in the veteran
community in partnership with Service to School, a non-profit that
provides free graduate school application counseling to military
veterans and servicemembers, and for Black, Hispanic, and Native
American candidates in partnership with Management Leadership for
Tomorrow, a non-profit focusing on building diverse leaders and
equitable workspaces. In its desire to positively impact the
communities in which it operates, GMAC introduced a service
activity as part of the program at last month’s GMAC Annual
Conference for all attendees to support students in the local New
Orleans area.
“In 2023, GMAC issued a sustainable development
statement and one of our aims is to contribute to the growth and
equality in the communities that we serve while caring for the
environment where we operate. I am impressed by how GMAC has
strived to grow along with—and give back to—our business school
community, and our society at large, through efforts toward
building an inclusive and quality business education ecosystem,”
said Themin Suwardy, associate provost of postgraduate professional
education at Singapore Management University and chair of the GMAC
Board.
GMAC also recognizes and thanks its outgoing board
member Yuan Ding, Cathay Capital Chair Professor in Accounting at
CEIBS (China Europe International Business School), for his
continuous support of GMAC’s mission over the past four years.
About GMAC
The Graduate Management Admission Council (GMAC) is
a mission-driven association of leading graduate business schools
worldwide. GMAC provides world-class research, industry
conferences, recruiting tools, and assessments for the graduate
management education industry as well as resources, events, and
services that help guide candidates through their higher education
journey. Owned and administered by GMAC, the Graduate Management
Admission Test™ (GMAT™) exam is the most widely used graduate
business school assessment.
More than 12 million prospective students a year
trust GMAC’s platforms, including mba.com, GMAC Tours, and
BusinessBecause, to learn about MBA and business master’s programs,
connect with schools around the world, prepare and register for
exams, and get advice on how to successfully achieve their business
education and career goals. GMAC is a global organization with
offices in China, India, the United Kingdom, and the United
States.
To learn more about our work, please
visit www.gmac.com
Media Contact:
Teresa HsuSr. Manager, Media RelationsMobile:
202-390-4180thsu@gmac.com