GRADUATE MANAGEMENT ADMISSION COUNCIL APPOINTS NEW BOARD CHAIR AND THREE NEW BOARD MEMBERS

Council Also Names the Indian Institute of Management Indore as a Member School

June 25, 2015, DENVER, Colo. – The Graduate Management Admission Council® (GMAC®) welcomed a new chair and three additions to its board of directors at its annual business meeting in Denver, Colo. In addition, The Indian Institute of Management, or IIM, Indore has become GMAC’s 213th member school.

Chairing the board will be Ellen J. Glazerman, executive director of the Ernst & Young Foundation, and the America’s director of University Relations for EY. Arriving to the board are K. Ravi Kumar, Ph.D., dean and Shaw chair professor of Nanyang Business School (NBS) at Nanyang Technological Universityin Singaporeand Nick Barniville, associate dean, Degree Programmes (MBA and Masters) at the European School of Management and Technology (ESMT) in Berlin, Germany. Donna Rapaccioli, Ph.D., dean of the Gabelli School of Business at Fordham University, has been elected to serve her first full term on the GMAC board. She had spent the past year completing a vacated dean director term.

“GMAC’s board members have immense experience working with schools and students and their expertise is   instrumental in advancing the strategic direction of this organization,” said GMAC CEO Sangeet Chowfla. “I look forward to working with Ellen and the GMAC board in strengthening the foundation that will successfully guide GMAC for years to come.”

“I am committed to advancing the vision of GMAC to be the leader in connecting the talent and aspirations of students with the education and career opportunities presented through management education,” Glazerman said. “Sangeet and I, along with the board, will continue to focus on fostering a quality student pipeline as these individuals will one day become our global business leaders.”

Terms of board chairs are one year, and board member terms are four years. All director terms begin July 1, 2015.

Glazerman is the executive director of the Ernst & Young Foundation, and the America’s director of University Relations for EY. She also supports a variety of initiatives within the firm’s Office of Public Policy. She joined EY in May of 1993 as the director of the Ernst & Young Foundation.

Kumar is currently the Shaw chair professor and dean of Nanyang Business School (NBS) at Nanyang Technological University in Singapore. He has been instrumental in the setting up of the Centre for African Studies (CAS), the first research centre of its kind in the world, hosted in a business school and the Centre for Applied Financial Education (CAFE), the largest finance lab in Singapore, focused on cutting edge technology and real-time financial, economic and business news information.

Barniville, who serves as associate dean, Degree Programmes (MBA and Masters) at ESMT, is responsible for the management and development of Masters, full-time and executive MBA Programmes. His focus includes programme delivery and curricular development, marketing, corporate relations, accreditations, rankings, admissions, student and career services, technology and program innovation.

Rapaccioli is dean of the Gabelli School of Business at Fordham University, where she holds the rank of university professor. As an administrator, Rapaccioli has earned a reputation for creating academic programs that emphasize applied learning, a global perspective, interdisciplinary thinking, and strong ties with industry. Her philosophy centers on business with purpose, grounded in the Jesuit-influenced principle that commerce should advance society in a greater way.

In addition to welcoming these board members, GMAC announced IIM Indore as its 10th member school in India.

“Since inception, IIM Indore has been instrumental in providing quality education in the field of management education and is truly one of the finest b-schools we have in the country today,” said Chowfla. “We applaud this institution for its outstanding achievements and will work closely with IIM to expand student reach.”

MEDIA CONTACT: Jennifer Garfinkel; +1 (703) 668-9805 or jgarfinkel@gmac.com

About GMAC: The Graduate Management Admission Council (gmac.com) is a nonprofit education organization of leading graduate business schools and owner of the Graduate Management Admission Test® (GMAT®), used by more than 6,100 graduate business and management programs worldwide — along with other products designed to help students find, connect, and apply and gain admittance to business and management programs around the world. GMAC is based in Reston, Va., and has regional offices in London, New Delhi and Hong Kong. The GMAT exam — the only standardized test designed expressly for graduate business and management programs worldwide — is continuously available at 630 test centers in 115 countries. More information about the GMAT exam is posted on mba.com. For more information about GMAC, please visit gmac.com/newscenter.