Corporate governance
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Corporate governance


EMA is administered by an Executive Committee consisting of representatives of at least three and not more than twelve member organisations,
including the President, Vice Presidents and Treasurer.These members shall be appointed by the General Assembly Meeting and shall include:
a. one representative from each of those member organisations paying subscriptions at the highest contribution level (“ex-officio members”);
b. representatives of other member organisations, as appointed from time to time (“appointed members”).
These members shall be appointed for a term of two years and are eligible for re-appointment for one further term of two years

Mr. Konstantinos Lambrinopoulos, Hellenic Management Association, Greece

He studied Business Administration at the Piraeus University and Political Sciences at the Panteios University. He pursued his studies on Marketing issues in England. From 1970 he worked at top level management positions in Greek and multinational companies such as the Athenian Brewery, Henkel Hellas, ΕVΕΤΕ SA, Hartellas S.A., Neoset S.A., Citroen Hellas and PRC Group. In 1993 he founded the Emphasis Consulting S.A. while in March 1996 he acquires shares in Sprint S.A. Advertising Company and becomes its Managing Director.

He has been a member of the Managing Committee of the Hellenic Institute of Marketing since 1986 and Chairman of the same Committee from 1990 to 1994. Since 1988 he has successively occupied the positions of Treasurer, General Secretary and Vice-President of the Board and Chairman of the Executive Committee. From 1999 to December 2004 he was re-elected Vice-President of the Hellenic Management Association Board of Directors, position he held again in 2006, while in January 2008 he became Chairman of the Board.

He has been elected President of the European Marketing Confederation and President of the World Marketing Federation, and during his first tenure of office, in 1998 he was awarded as one of the seven best world marketers by the Japanese Marketing Federation.

Today he is President of the European Management Association, member of the Board of the Foundation for Economic & Industrial Research, Vice-President of the Board of the Entrepreneurship Association, member of the Hellenic Federation of Enterprises General Council, honorary President of the European Marketing Confederation, member of the board of numerous Sociétés Anonymes as well as honorary member of most of the world’s Marketing Federations, having being granted recognition by most of them for his contribution in the marketing field.

Vice President
Dr. Peter Rudhart, RKW, Germany

Dr Rudhart is the long-time German member of the Executive Committee of the European Management Association (EMA), which he previously led as its President from 2001-2004
+ The German member of EMA is RKW, the major German Competence Center for Innovation, Productivity Improvement and Management Training/Consulting for small and medium sized companies (SMEs)
+ Dr Rudhart serves on RKW’s Advisory Council and he also chairs the Advisory Panel for RKW’s international activities in the field of “Europe & Globalisation”
+ Dr Rudhart holds an MBA from Berlin Technical University and a PhD in Strategic Planning from Giessen University, where he worked as Associate Professor
+ He has subsequently built his professional career with German-based international companies (Kloeckner & Co., Deutz AG, Verseidag AG and Thyssen Schachtbau GmbH), working for many years abroad – mainly in North America
+ After having retired in 2004 as President & CEO of Thyssen Schachtbau he continues to make his experience available by serving on the boards of international industrial companies (AGCO/FENDT) and multinational cultural institutions, and as a Senior Advisor to the German International Investment Council (IIC) in Berlin
+ With his American wife Leah he lives in Hauset/Belgium and in Atlanta/USA

Mr. Milan Petrovic, Serbian Association of Managers, Serbia

Milan Petrović – BIO

President, Serbian Association of Managers

Milan Petrovic has over 20 years of experience in consumer goods and retail industry in the regions of SEE, Switzerland and Eastern Europe. As expert in management and sales, he worked with top brands such as Heineken, Ballantine’s, Pepsi, Doncafe& Lavazza.


His retail experience comes from the comprehensive project of restructuring of the “ŠtampaSistem&FuturaPlus“ business system in Serbia, today known as “Moj Kiosk“.


In January 2014, Milan began his entrepreneurial career as founder and CEO of the company “FleetPartner”, which operates under the license of the “Element-Arval Global Alliance, leading international company for fleet management.


Milan is also a Partner and Business Ambassador of the company “Analitika”, which has the portfolio of the most advanced software solutions for HR, finance, transport and supply chain management from the companies such as “Talentia”, “OmniTracs” and “Demand solutions”.

Milan is a Vice-President of the European Management Association and Board Member of regional SUMMIT100 Business Leaders of SEE (

In 2015, he was re-voted for his second two-year mandate for President of Serbian Association of Managers.

Dr. Edward Firman, Treasurer

Dr Edward Firman served as Finance Director of the Gasan Group of Companies (one of the largest private businesses in Malta) for 22 years, during which he was responsible for all strategic planning, financial, information technology, secretarial and audit matters in the Group.

Prior to joining the Gasan Group, DrFirman spent 8 years working with Unilever Limited, the well-known multinational, in the UK and Germany in the strategy and finance areas. Amongst other matters he acted as Project Co-ordinator in a pan-European project to assess and develop Unilever Limited’s financial reporting and ICT systems.


Dr Firman left the Gasan Group in 2003 to set up his own management consultancy firm specialising in the strategy, finance and business intelligence areas. In this capacity, he carried out a number of assignments including carrying out financing options studies for a number of Maltese enterprises and acting as a Business Advisor for Malta Enterprise. He has also participated in a number of pan-European strategy studies including one on the effects of restructuring on EU companies and another on mortgage markets in the EU.

Dr Firman also served as Vice-President and Secretary of the Malta Institute of Management for a number of years.

On the academic side, Dr Firman holds a doctorate from Brunel University / Henley Management College where he specialised in the strategy and finance areas and he is also a Fellow of the Chartered Institute of Management Accountants and the Malta Institute of Accountants. He lectures regularly in the strategy, leadership, business economics and finance areas at management, academic and government institutions.

Ms. Valerie Hamill, Chartered Management Institute, UK

Valerie Hamill CMgr MCMI ACIS
Institute Secretary, CMI, UK

Company Secretary of CMI since 2005, Valerie has worked for the Institute since 1990, having joined as Assistant Secretary.

Valerie is responsible for the overarching governance and constitutional framework of CMI, advising the Board, its Committees and the executive team on all governance issues, as well as managing the Board/Committee structure.

Valerie is also responsible for the CMI Code of Conduct and member complaints processes.

Valerie has very much valued her work with EMA colleagues on EMA projects for 20 years.

Ms. Ann Francke, Chartered Management Institute, UK

Ann Francke, CEO of Chartered Management Institute (CMI), Winner of the Louis Armstrong Award for outstanding leadership of a UK professional body 2016 and Author of: Financial Times Guide to Management: How to Make a Difference and Get Results.
Ann is a transformational leader with vision, pace and proven ability to deliver profitable growth and build organisational capability. At CMI, she uses her experience in leading organisations to promote best practices in management and leadership, and improve management standards across the UK and beyond. Ann has been named in the top 100 women to watch in the 2015 Female FTSE report from Cranfield and is an expert on current challenges facing women in the workplace.
Ann is Strategic Advisor at Tongal and a Non-Exec at Grant Thornton International. She is also a member of the CRUK Women of Influence Board, WACL, MGGB and an Advisory Board member of Lancaster Management, Nottingham Trent and the Open University Business Schools. Ann speaks frequently at conferences and in the media on all aspects of management best practice.
Prior to CMI Ann was Global General Manager at the British Standards Institution, held executive board positions at Boots and Yell and was European Vice President at Mars. Ann began her career at P&G and managed a variety of international brands including Pampers, Always and Olay before rising to global general manager.
Ann holds a BA with Distinction from Stanford, an MBA/MS from Columbia; Honorary Doctorates in Business Administration from UWE and Nottingham Trent Universities and a Doctor of the University from Oxford Brookes.
Ann and her husband live in West London; she has one daughter.

Dr. Pranas Zukauskas, Baltic Management Foundation, Lithuania

Currently: He is Director of Centre of Postgraduate education and professor of Management Department, Vytautas Magnus University, Lithuania;Professor, School of Banking, Torun, Poland; Director of Baltic Management Foundation.Previous Working experience : Vytautas Magnus University, Director of Centre of Postgraduate education (2015-present); Dean of the Faculty of Economics and Management (2002-2015); Professor (2001-present); Associated professor (1990-2000),Lithuanian Academy of Management, Teacher and Associated professor, Kaunas Technological University, Teacher and Researcher.

He has 15 years experience as a Dean of the Faculty; 6 years experience as a University’s Council member; 17 years experience as a University’s Senate member; 5 years experience as a European Management Association Board member; 6 years experience as a European Universities Foundation “Campus Europae” Board of Directors member

He is Author or co-author of 4 scientific monographs. Has published more than 120 scientific publications in books, journals, and proceedings of conferences, some, published in foreign countries: USA, Czech Republic, Poland, Estonia, Russia, Ukraine, Latvia.
Education & Training:Doctor Habilitus Degree in Social Sciences (Management and Administration), Vytautas Magnus University , 2000.
PhD/Doctor Degree in Social Sciences (Management and Administration), Moscow Academy of National Economy, 1986. Kaunas Polytechnic institute, Engineer – economist, 1973.


Mr. Budimir Raickovic, Association of Montenegrin Managers, Montenegro


Experience on leader and high management position in different fields of private sector, governament and NGO. Developed business, professional and social network in South East Europe region (specially in Montengro, Serbia and other countries of ex Yugoslavia, Albania and Bulgaria). Strong organizational, communication, interpersonal and negotiation skills including corporative security skills.


August 2012 – present – Chairman of the Board Finance Plus ltd. Montenegro

May 2007 – January 2012 – SEE Division Manager PORR AG Vienna

November 2003 – May 2007 – Secretary General of Montenegrin Employers Federation

January 2001 – March 2002 – Political and Economical Councelor in Embassy (Danmark)


Association of Montenegrin Managers – president
Association of Managers of South Eastern Europe – president
The Caux Round Table Global Dialogue (CRT) – representative for SEE
Red Star Sport Asociation – member of Board

Montenegrin Employers Federation – vice president

EU-Montenrgro JOINT Consultitative Comitee – Co-Cheir
National Statistic Council – member
National Council for Micro Competetivnes – member
National Social Council – member


Economic faculty, University of Montenegro, Podgorica, Montenegro
Vocation title: Graduated economist

Diploma paper: “Role of private sector in development of tourism in Montenegro”

Executive secretary
Ms. Fanianna Gkofa, Hellenic Management Association, Greece

Ms. Gofa Fanianna has a degree in Applied Modern Languages in Business Administration (University of Caen, France). She has obtained a Postgraduate Degree (DESS) in International Trade at the University of Lille 1 in France and a Master of Science on European Management Strategies at the Staffordshire University in UK.

She speaks French, English and Spanish and she is PC literate (Word, Excel, Microsoft Windows, Microsoft Office, Powerpoint, etc).

She has attended various seminars in HMA (Business Strategies, Project Management, Marketing, Human Resources Management, Public Relations etc).

She is the International Affairs Manager of the Hellenic Management Association, she also works for Hellenic Management Association, at the European Affairs Department and she is the assistant to the President at the European Management Association.


EMA is governed by STATUTES agreed by all members and lodged with the authorities in The Hague, Netherlands.

For a full copy of the Statutes, click here. The key components of the statutes are shown next:

General Meeting

Members of EMA meet in an annual General meeting,  hosted by one of the member organisations.The General Meeting of Members is chaired by the President of EMA and in his/her absence, it is  chaired by a Vice President.

The business transacted at each General Meeting shall include:

(1) the appointment of members to the Executive Committee

(2) the determination of annual subscriptions

(3) reception of the annual report of the Executive Committee about the  previous activities  and the management and finances of the association, approval of financial statements and budget

(4) approval of any resolution to amend the Constitution and to adopt criteria for admissions to membership

(5) appointment or dismission of EMA officers.

Executive committee

The Executive Committee meets twice a year. Amongst its tasks are:

(1) implementation of resolutions of the members taken in the annual General Assembly meeting,

(2) preparation of an activities’ programme,

(3) consideration of applications for membership, and

(4) consideration of the financial accounts of the association.