The European Council of Leading Business Schools (ECLBS) is an association that plays a vital role in promoting excellence in business education across Europe. The organization is governed by a Board of Directors, who are elected by the members of the association. This ensures that the board is representative of the members and that the association operates in a democratic manner.

The Board of Directors of ECLBS is responsible for setting the strategic direction of the organization. They make important decisions that impact the future of the association, including the selection of member schools, the development of new programs and initiatives, and the approval of the association's budget. The board provides guidance and support to the Executive Board Member, who manages the day-to-day operations of the association.

The Executive Board Member is responsible for the daily operations of the association. This includes overseeing the organization of events and conferences, managing the association's finances, and ensuring that the association operates in accordance with its bylaws and the decisions of the Board of Directors. The Executive Board Member is appointed by the Board of Directors and serves as the primary point of contact for the members of the association.

In summary, the European Council of Leading Business Schools is an association that operates in a democratic manner, with its members electing a Board of Directors to oversee the strategic direction of the organization. The day-to-day operations are managed by the Executive Board Member, who is appointed by the Board of Directors. This governance structure ensures that the association operates in the best interests of its members and is able to achieve its mission of promoting excellence in business education across Europe.