AACSB Opens Regional Headquarters in Asia
On June 4th, AACSB International hosted a media event and formal celebration to officially announce the opening of its Asia Headquarters in Singapore.
Held at the Equinox Room on the 69th floor of the Swissotel The Stamford,
guests were welcomed by sweeping views of the Singapore Harbor. Opening remarks were given by Rick Cosier, chairman of the board of AACSB, and dean and Leeds Professor of Management at the Krannert School of
Management, Purdue University; and John Fernandes, president and chief executive officer of AACSB. In addition, a special welcome and congratulatory message was delivered by
Dr. Swan Gin Beh, managing director of the Singapore Economic Development Board.
In total, 90 individuals attended the grand-opening celebration, representing
50 organizations and academic institutions from 14 countries.
Devoted to the worldwide advancement of quality management education, AACSB will utilize this location to better serve
its growing Asian membership, provide increased professional development opportunities for schools in the region, and enhance its abilities to serve Asian schools
who are seeking AACSB's accreditation. Asia operations will be headed by the new vice president of Asia, Eileen Peacock, who previously served as dean of the Charlton
College of Business and professor of accounting at the University of Massachusetts–Dartmouth.
"Successful growth in management education is critical for Asia, and ensuring that the growth is based on quality is of vital importance to AACSB,"
said Cosier. "With its current network of local and international business programs, Singapore will serve as the perfect launching pad for AACSB to further its
commitment to providing quality management education worldwide."
In choosing to open its first regional headquarters, AACSB recognized Singapore as a multi-cultural learning environment and a growing center of global
"Today the Asian region hosts more than 5,000 business programs, and is now the largest center of management education in the world,"
said Fernandes. "Singapore—with its open business environment and leading management education center—is the ideal location for our Asia headquarters."
During the opening celebration, Dr. Beh welcomed AACSB and its ceremony guests to Singapore, "We are pleased that Singapore will be serving as AACSB's base for
accreditation and thought leadership throughout Asia. AACSB will join the community of more than 76 international organizations who have set up their operations
in Singapore. Given its commitment to advancing the highest quality in management education, it will be a wonderful addition to Singapore's Global Schoolhouse
Heralded worldwide as the gold standard for high-quality management education, AACSB currently accredits 568 schools across
33 countries, and maintains a total membership of approximately 1,200 business schools and major companies throughout 71 countries.
Opening Celebration Photos
More Opening Celebration Photos
Complete Listing of Media Coverage
Official News Release
Coordinator, Public Relations