Initiated by ZHU Rongji, the Founding Dean of Tsinghua SEM, the Advisory Board of Tsinghua SEM was officially established in October 2000. Board members include chairmen, presidents or CEOs of multinational corporations with significant global influence, deans from top business schools, distinguished Chinese entrepreneurs, and Chinese government officials for the economic and financial affairs. Tsinghua SEM’s Founding Dean ZHU Rongji is the Honorary Chairman. Henry M. Paulson, Jr., Former Chairman and CEO of The Goldman Sachs Group, Inc, was the first Chairman of the Advisory Board (2000 - 2003). Lord Browne of Madingley, Former Group Chief Executive of BP PLC, was the second Chairman (2003 - 2008). H. Lee Scott, Jr., Former President and CEO of Wal-Mart Stores, Inc., was the third Chairman (2008-2010). John L. Thornton, Co-Chairman, Board of Trustees, Brookings Institution and Chairman of Barrick Gold Corporation, was the fourth Chairman (2010 - 2013). David M. Rubenstein, Co-Founder and Co-CEO of The Carlyle Group, is the current Chairman.