The Longest-Serving Dean Advocates for Social Responsibility in Business
Ilian Mihov is set to step down as the dean of Insead after a decade of impactful leadership, during which he has made significant strides in the realm of global business education. As the longest-serving dean in the school’s history, Mihov has overseen a period of remarkable achievements, including Insead’s rise to prominence in global MBA rankings and its expansion into a major player in executive education.
Mihov, a Bulgarian-born academic who became a Singapore citizen, reflects on his tenure with pride. His leadership style has emphasized stability, innovation, and a global perspective, aligning with Insead’s mission to prepare business leaders for a rapidly changing world. Under his guidance, the school has recruited half of its current faculty, fostering a vibrant and diverse academic environment.
A notable milestone during Mihov’s deanship was the establishment of the Hoffmann Global Institute for Business and Society in 2018, reflecting his belief in businesses acting as a force for good. He argues that business leaders must balance profitability with social responsibility, echoing the United Nations’ Sustainable Development Goals.
Despite the successes, Mihov’s tenure was not without challenges. The COVID-19 pandemic severely impacted Insead’s financial stability, forcing tough decisions to mitigate losses. Nevertheless, the institution emerged from the crisis with valuable insights, particularly regarding the demand for in-person learning experiences.
As Mihov embarks on a two-year sabbatical in the United States, he plans to reconnect with family and explore his research interests in macroeconomics and monetary policy. He looks forward to returning to Insead as a faculty member, reinforcing his commitment to education and the next generation of business leaders.
In summary, Ilian Mihov’s decade-long leadership at Insead has left an indelible mark, characterized by a commitment to excellence, social responsibility, and a vision for the future of global business education. His legacy will undoubtedly influence the school and its alumni for years to come.