The Graduate Management Admission Council (GMAC), the association of top business schools around the world and owner of the GMAT exam, on Tuesday announced the appointment of three new members to its board of directors — among them Ajit Rangnekar, the Dean of the Indian School of Business (ISB), Hyderabad.

Mr Rangnekar is the only Indian on the influential board comprising leaders of leading b-schools such as Wharton-UPenn, Chicago-Booth and London School of Economics.

The other two new appointees to the board were Xiongwen Lu, Dean of the School of Management at Fudan University in Shanghai and founding director of the Chinese Market Research Center and Christine Poon, Dean and John W Berry Chair in Business at the Fisher College of Business at The Ohio State University.

The board currently comprises three Asians. Besides Mr Rangnekar and Mr Lu, Bernard Yeung, Dean of the business school at the National University of Singapore is the third Asian on the GMAC board.