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REAL WORLD. REAL LEARNINGG L O B A LTHE IMDEXECUTIVE MBA2017 CLASS PROFILEL E A D E R S H I P

Message from the DeanEvery year I am impressed by the talent and dedication of our EMBA’s. These women and menare very successful in what they do, yet they are hungry and curious to learn more about theworld, more about business and more about themselves. Why do these successful men andwomen pursue an EMBA at IMD? They do it to fulfill their career potential, to continue theirpersonal growth and to learn how to become a more reflective leader with increased selfawareness.Dean of IMDExecutive MBAStefan MichelSwissMarketing and ServiceManagementGiven their professional and leadership experience, they often know what they don’t know. Mostactually realize that they don’t know what they don’t know. They embrace on this journey withcertain expectations, hopes, dreams and anxieties. When we ask them towards the end of theprogram whether their expectations were met, the most rewarding response is: “Yes, I think so.But more importantly, I realize that my expectations prioritized the wrong dimensions. I wantedto become smarter, to know more, to present better, to network with peers. What reallymatters now is that I became a more reflective leader, a better listener, a more confident teamplayer as well as someone who can connect the dots and who is even more curious than beforeto better understand what is going on.”Dr. oec. publ. Universityof ZurichCommitting time and money for an EMBA learning journey is a big decision. But it should neverbe perceived as one more thing on the checklist, one more hurdle to overcome, anothervalidation of personal skills and determination.I invite you to perceive an EMBA as a personal privilege, more than anything else. Time to focuson yourself and energy to invest in yourself and your future.Professor Stefan MichelDean of IMD Executive MBA

EXCEPTIONALINDIVIDUALS401816years oldon average% femaleyears of priorwork experience3640106nationalitiesin two cohortsindustriesin two cohortsparticipantsin two cohortsSENIORITY OF POSITIONSIndependent3%Upper Management49%Board Level3%Senior Management27%Middle Management18%

Legend: June Cohort :Adebanjo AdegbohungbeNIGERIAN: November CohortAliya AzimovaAZERBAIJANIGeneral Manager, Group Head,Corporate OperationsCountry Manager for AzerbaijanACCESS BANK PLCINTERNATIONAL FINANCE CORPORATIONMaitha Al DossariUNITED ARAB EMIRATES (OF THE)Tobias BeutnerGERMANChief Executive OfficerSenior Project ManagerEMAAR ENTERTAINMENT LLCPORSCHE CONSULTING GMBHSisse AlberDANISHOlivier BlancSWISSHead of Procurement Africa (AFRLOC)Regional General Counsel MENEAT &Maersk LineWWDF, VPMAERSK SOUTH AFRICA (PTY) LTDJT INTERNATIONAL SASaleh Al-RasheedSAUDI ARABIANMarc BlaserSWISSDirector GeneralSAUDI INDUSTRIAL PROPERTYSales DirectorAUTHORITY - MODONOCEANO ADVISORS AGMohammed AlSaqqafKUWAITIChristian BombLUXEMBOURGERBoard MemberBOURSA KUWAIT SECURITIESCOMPANY - BKSCGeneral ManagerSUCDEN GENEVA SARashid AmirovKAZAKSTANIThierry CairusSWISSDeputy Managing Director, Member ofthe Managing BoardASTANA INTERNATIONAL FINANCIALCENTRE AUTHORITYDirector Global TreasuryNery AyalaGUATEMALANJT INTERNATIONAL SAJess Michael CuencoAMERICANGlobal Security Investigator,Europe/Russia and CIS CountriesInformation Technology ManagerNOVARTIS PHARMA AGSKYWORKS SOLUTIONS INC.Tareq AyubAMERICANDiego de la CalleITALIANManaging Director, IT Modernization &Business TransformationChannel Development DirectorCOGNIZANTCNH INDUSTRIAL

Geofrey De VisscherBELGIANBernard FourieSOUTH AFRICANHead of R&DDirector Internal ControlNITTO DENKO EUROPE TECHNICAL& Risk MonitoringCENTRE SARLFERRING PHARMACEUTICALS SAGodwill DikeNIGERIANIngrid FrantischekCHILEANGeneral Manager CommercialBusiness Assurance SpecialistNIGERIA LNG LIMITEDBHP BILLITONDario DonniniITALIANMarc FurlerSWISSGlobal Sales Director ApparelDirectorROSSIGNOL APPAREL SASCREDIT SUISSEGaëlle DuvetFRENCHCEONEOMARKETINGMohammed El AnsariLEBANESELebanese Senior Business ManagerMEDTRONICCosima GiannachiITALIANMedia Specialist- Independent ConsultantLoïc GodailFRENCHHead of Reservoir GroupGENEVA PETROLEUM CONSULTANTSINTERNATIONAL S.A.Gregory FerrantBELGIANSaidah GomezCANADIANProduct Management DirectorARGENTA BANK- EN VERZEKERINGSGROEPFounderVanda FontanaITALIANKevin GrahamCANADIANTender Department ManagerSACMI IMPIANTSenior Vice President, Strategy& Corporate DevelopmentPOTASH CORPORATION OFSASKATCHEWAN INCLesibana FosuSOUTH AFRICANHanem GrazianiFRENCHAfrica Competence Head Geodis FreightRegional Financial ControllerForwardingCUMMINS AFRICAGEODIS

Legend: June Cohort :: November CohortVishal GuptaINDIANBenjamin KostalicSWISSLead Architect, InternationalSolutions Architect Senior AdvisorTERADATA SINGAPORE PTE LTDBENJAMIN KOSTALICNiels Thomas Agner HansenDANISHAdi KouadioIVOIRIANDirector Global Head of Sales & CustomerSenior Project ManagerServiceEBU - EUROPEANSAFMARINEBROADCASTING UNIONDominic HarrisBRITISHAlex LeglerITALIANPartner, Solicitor AdvocateChief Operaring Offi erCMS CAMERON MCKENNA LLPBack Label / TIP VenturesAnne-Sophie KarlsenDANISHDavid LeonAUSTRIANTrade Director - Latin AmericaGlobal Head, Compliance BusinessManagementMAERSK LINE A/SHSBC PRIVATE BANK (SUISSE) SANathalie KnaufGERMANKarina LouzadaBRAZILIANHead of Branding CorporateCEOCommunicationsKNAUF JEWELS GMBHLIBERTY SEGUROS S/ATim KnotnerusDUTCHMaxim LyadvinskyRUSSIAN / MALTESEExecutive Director Business DevelopmentCTO in ResidenceAM-PHARMARUNA CAPITALMasakazu KondoJAPANESEMario Mahmoud MajzoubLEBANESE / CANADIANGeneral ManagerHead of Group Internal AuditOSG FRANCEBANK AUDI SALVasily KoshelevRUSSIANEugene ManiakhineSWISSVice President,Administrative DirectorFinancial ManagerINDUSTRIAL INVESTORS GROUPZEELAND REFINERY

Jan MasakCROATIAN / BOSNIANGeorg PfisterSWISSProject ManagerChief Operating Officer (COO)VOLKSWAGEN AGKIEGER AGCynthia MolinaHONDURANEduarda Philadelpho Fernandes de PinaBRAZILIANAdministrative Vice PresidentAGROPECUARIA MONTELIBANOYoshinobu NagamineJAPANESERegional HR Manager Far East,Middle Asia & AustraliaTRANSOCEANStefano PoliITALIANJapanese Head of UnitICRC INTERNATIONAL COMMITTEE OFDirector, Market DevelopmentTHE RED CROSSINMARSATManuel NoiaITALIANRuben PumaARGENTINEANCountry HeadHead of Petroleum EngineeringPICTET ASSET MANAGEMENT LTDMAERSK OIL & GAS A/SEmile OsumbaBELGIANHannes PueschelSWISSExecutive DirectorSenior ConsultantJ.P. MORGAN (SUISSE) SASCHILLING PARTNERS AGMarion Owczarczak-FogliSWISS / FRENCHAlexey RaevskiyRUSSIANLifestyle and Project ManagerFounder & CEOARCORA GESTION S.A.ZECURIONAntonio PatricioPORTUGUESEMaarten RobersDUTCHMajor Projects Project LeaderDirector OperationsAURECON SOUTH AFRICA PTY LTDDEKRA RAIL BVMathieu PauwelsBELGIANCamilo RomanhaBRAZILIANProgram Manager& Head of Process TeamGeneral Manager Iron OreZURICH INSURANCE COMPANY LTDCSN - COMPANHIA SIDERURGICA NACIONAL

Legend: June Cohort :Juerg RothSWISS: November CohortBráulio SilvaPORTUGUESEGlobal Coordinator to the Monitoring TrusteeHead of Group Controlling(Restructuring Plan Implementation)GEISTLICH PHARMA AGBANCO COMERCIAL PORTUGUES - BCPJavier Ruiz IzaSPANISHMarco SinkwitzSWISSGeneral Manager, Business ControlDevelopmentFirst Vice PresidentWARTSILA SWITZERLAND LTDPRIVATBANK IHAG ZUERICH AGMichel SchausLUXEMBOURGERChristian SkauDANISHChief of Operational SupportExecutive Director, CFO ServicesENOVOS INTERNATIONAL SAVALCON A/SPeter SchmidlinSWISSLasse SnejbjergDANISHChief Innovation Offi er, Head ofSenior Vice President, Head of GroupInnovation Member, Executive CommitteeDevelopment & External RelationsBELIMO HOLDING AGNKT HOLDING A/SNicolas SchornozSWISSRetno SoelistiantiINDONESIANChief Financial Offi erHead of Corporate Strategy BureauVESTERGAARD FRANDSEN S.A.PT. PELABUHAN INDONESIA IIAhmed ShahiniSAUDI ARABIANAlexei SolovyevRUSSIANGeneral ManagerCFO (former)SHAHINI TRADING COMPANYEVRAZ East Metals AGDavid ShapiroFRENCHSoren Lund SorensenDANISHGlobal Strategic Marketing& Innovation Group DirectorGroup HR DirectorREXEL DEVELOPMENT SASKRM AGJohan Erik Isbrandt SigsgaardDANISHFelix SorgerAUSTRIANHead of Asia to North Europe TradeDeputy General ManagerMAERSK LINE A/SMIBA PRECISION COMPONENTS CO LTD

Michele SoriceITALIANMoncef TanfourALGERIANVice President Customer TrainingWorldwideLeader Innovation ManagementAGUSTAWESTLANDTEREX CORPORATIONAndrea SpaggiariITALIANWilfried TchouangaFRENCHManaging Director (former)SMEG FranceResponsible of Risk ReportingDavid SpiessSWISSCA INDOSUEZ SWITZERLAND SARiccardo TediosiITALIANAssociate Partner, Business UnitManagerTeam Leader R&DVZ VERMOEGENSZENTRUM AGBRUKER BIOSPIN AGMichael StenderupDANISHChandra Sekhar TenaliINDIANSenior Director Organisational CapabilityBuildingRegional Head & Commercial SalesMiddle East, Africa & TurkeyLEGO SYSTEM A/SCP KELCOKristoffer StokkeNORWEGIANCamelia TeodorescuROMANIANManaging Director & Senior AdvisorBusiness Process Owner TechnicalOrganizationAKS GRUPPENMAERSK TANKERSBruno StudachMEXICANVinay TiwariDUTCHProduction Manager (former)PRECIstep (FAULHABER Group)Planning Manager, ITSara SvedjedalSWEDISHAndreu Torregrosa MartinezSPANISHROYAL DUTCH SHELL PLCChief Operating OfficerTechnical Product LeaderENSPIRE GROUPF. HOFFMANN-LA ROCHE AGFumio TakedaJAPANESEAnita TreiberHUNGARIANSr Director Global Marketing DiabetesHead of Business Development SectionService & SolutionsPANASONIC AUTOMOTIVE & INDUSTRIALMEDTRONIC INTERNATIONAL TRADINGSYSTEMS EUROPE GMBHSARL

Legend: June Cohort :: November CohortMiroslav UmlaufCZECHMarc WoodfielSWISSBusiness Intelligence DirectorConsultant Planning & Strategic ProjectsAVG TECHNOLOGIES CZ SROBANQUE CANTONALE VAUDOISE - BCVWillem VancraeynestBELGIANMakoto YabushitaJAPANESEBusiness Development Specialist SAPGlobal Procurement ManagerJAPAN CO LTDSABMILLER PROCUREMENT GMBHSAP JAPAN CO LTDAleksey VashkevichRUSSIANExploration DirectorGAZPROM NEFT JSCPatrick ZehilLEBANESEBusiness Management ConsultantSOLOG SA - TALAN GROUPNagesh VepaINDIANInformation Technology Officer UnifiedDirk ZimmermannGERMANCommunicationsHead of Global Development & CorporateIFRC - INTERNATIONAL FEDERATION OFVentures DiagnosticsRED CROSS & RED CRESCENTQIAGEN AGMarc WerderSWISSHead of EMEA IT, Corporate SolutionsSWISS REINSURANCE COMPANY LTD

High-impact resultsWith IMD's prestigious Executive MBA under your belt, you and your work havedramatically greater value. All the while you keep earning, you’re polishingthe skills that will open up an exciting international career path. But on topof that, the EMBA promises swift, secure returns on your investment: aboost for you in higher income and for your company, in the years ofexperience you’ve effectively gained.TOP 10worldwide 43%best-paid EMBA alumni*entrepreneurship category*alumni network usefulness***salary increase, 3 years on*international faculty *TOP 3worldwidecorporate strategy rank*general management rank*international students *work experience rank*75%of EMBA graduates work insenior management or higherpositions today*** Financial Times, EMBA Ranking 2016**Survey of EMBA alumni network of 1,000 members***Economist one-time ranking 2014