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The General Assembly of the ALBA founding and corporate members is the overall governing body of ALBA. The Board of Directors consists of prominent business and academic leaders, partly appointed as representatives of the major Greek business community organizations [Federation of the Greek Industries (себ), the Hellenic Management Association (ееде) and the Athens Chamber of Commerce and Industry (ебеа)] and partly elected by the General Assembly of ALBA. The President and the Dean have the joint responsibility to operate ALBA and implement the strategies and policies approved by the Board of Directors. The ALBA Academic Council, consisting of a select group of internationally distinguished business schools professors, review the annual progress and offer guidance on strategic issues.