Graduate Management Admission Council Names Three to Board

RESTON, VA--(Marketwire - Sep 27, 2011) - The Graduate Management Admission Council (GMAC), the association of top business schools around the world and owners of the GMAT exam, has announced the appointment of three new members to its board of directors. They are: Xiongwen Lu, dean of the School of Management at Fudan University in Shanghai and founding director of the Chinese Marketing Research Center; Christine Poon, dean and John W. Berry Chair in Business at the Fisher College of Business at The Ohio State University; and Ajit Rangnekar, dean of the Indian School of Business and one-time country head for Price Waterhouse Consulting.

"We are privileged to welcome these new board members, each with a depth and breadth of experience in management education and business," said Lawrence Fisher, chairman of the GMAC Board of Directors. "Each brings a unique perspective, a deep respect for the value of management education and for the role GMAC plays in promoting quality management education around the world."

"I am looking forward to working with Dean Lu, Dean Poon and Dean Rangnekar," said David A. Wilson, president and CEO of GMAC. "As the Council expands its operations internationally, launches the Next Generation GMAT exam in June 2012, and seeks to expand the reach and impact of quality graduate management education globally, each of these leaders will be integral to our success and to the idea that business and management are critical to the economic and social well-being of people worldwide."

Christine A. Poon was appointed dean and John W. Berry, Sr. Chair in Business at the Max M. Fisher College of Business at The Ohio State University in April 2009. Poon came to Fisher after a 30-year career in the healthcare industry, most recently as vice chairman and worldwide chairman of Pharmaceuticals at Johnson & Johnson. She served as a member of the company's board of directors and executive committee and was responsible for managing the pharmaceutical businesses of the company. Her areas of expertise include domestic and international business operations and sales and marketing.

Poon received a BA in biology from Northwestern University, an MA in biology/biochemistry from St. Louis University and an MBA in finance from Boston University.

Xiongwen Lu, Ph.D., serves as a professor and dean of the School of Management of Shanghai Fudan University. Lu is an honorable professor of the University of Hong Kong and BI Norwegian Business School and serves as director of the Chinese Marketing Research Center at Fudan University. Lu's teaching and research interests cover marketing in China as an immature market, internet marketing in China, service marketing, corporate reorganization, and change management.

Lu received his Ph.D. in economics from Fudan University and was a research fellow and visiting scholar at Tuck School of Business at Dartmouth College, MIT Sloan School of Management, and the Fisher College of Business at The Ohio State University.

Ajit Rangnekar is the dean of the Indian School of Business. Prior to taking charge as the dean, he was the deputy dean of the school.

Before joining the ISB, Rangnekar was the country head, first for Price Waterhouse Consulting and then for PwC Consulting, in Hong Kong and the Philippines. Rangnekar has more than 30 years of experience in East Asia and India in the areas of business strategy, new business creation, systems implementation and performance improvement in a variety of industries in both the private and public sectors.

Rangnekar obtained an undergraduate degree from the Indian Institute of Technology, Bombay, before going on to complete his post-graduate studies at the Indian Institute of Management, Ahmedabad.

About GMAC

The Graduate Management Admission Council ( is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC is based in Reston, Va., and has regional offices in London (U.K.), New Delhi (India) and Hong Kong. The GMAT® exam was created in 1954 and is used by more than 5,100 graduate management programs at approximately 2,000 business schools around the world to assess applicants. The GMAT -- the only standardized test designed expressly for graduate business and management programs worldwide -- is continuously available at more than 550 test centers in more than 111 countries. More information about the GMAT exam is available at