Investing in the world through INSEAD
In September 2015, the World Bank announced that for the first time fewer than 10 percent of the global
population is living in absolute poverty, compared to nearly a third of humanity 25 years ago. Global business,
particularly in Asia, has played a significant role in the rapid economic growth that has raised the living
standards for millions of people.
This inspiring news highlights the message that business can be a ‘force for good’. It also underscores the
importance of our mission to educate an expanding community of global leaders who will help develop a
prosperous, peaceful and sustainable world.
To realise our aims, we are privileged to partner with you, our donors, who share our values and vision. Now,
more than ever, you can be confident that INSEAD is a vehicle through which your philanthropic investments
will have global reach and scope. Your investments in the school in 2015/2016 amounted to a record high of
€23.8 million in gifts and pledges, an impressive 67% increase over last year.
Your collective gifts have influenced all strategic areas of the school, and beyond. The upsurge of unrestricted
gifts to General Endowment and the Dean’s Annual Fund provided us with unprecedented flexibility to
invest in the school. Your support of scholarships enabled the school to increase and diversify our offering to
potential scholars, extending our reach to talented women and men from around the world. You also helped
us advance research and teaching – particularly in the areas of family business, entrepreneurship, social
progress and economic growth. You reinforced the school’s branding and facilities, which again will increase
the influence that INSEAD can have across the globe. Support that comes to INSEAD moves through this
institution to impact the world in a manner about which we are deeply proud and grateful.
A high point of the year was the extraordinary support we received from several board members, led by
Chairman Andreas Jacobs. I must extend my special thanks to each of them for leading by example and
investing so generously in our school. The impressive rise in gifts over the last years also owes much to the
commitment and inspirational work of Leonidas Los, who completed his mandate as the Chair of the INSEAD
Alumni Fund (IAF) in 2016. My personal thanks to him and a warm welcome to Emma Goltz, who takes over as
the IAF Chair. I must also thank Joanne Shoveller, who stepped down as Associate Dean for Advancement and
Alumni Relations, for her significant contribution to these results. My gratitude to our dedicated faculty and
staff, who work daily to perpetuate INSEAD's mission in the world.
To all donors, alumni, friends, corporations and foundations: please accept my sincere thanks. With your
philanthropic investment and our collective commitment, we are empowering INSEAD to become an
increasingly crucial driver in the global movement of business as a force for good. You and INSEAD are an
indelible part of this movement, and we are all stronger together.
With my deepest gratitude,
Dean of INSEAD