| National Management
Foundation (NMF), the sponsoring body of the
University, was incorporated in November 1984
and was granted a charter by the Government
of Pakistan for establishing the University
in March 1985. Through this charter, the University
was given the legal right to establish degree-granting
programs. The Board of Trustees, the policy-making
body of the University, comprises leading members
of the business community, academia and representatives
of the government. The principal functions of
the Board are to set broad policy guidelines
and to review the operations of the University
which functions on no profit no loss basis.
|
| The Board
of Governors of NMF, being the sponsors of LUMS,
raises the necessary funds for the University’s
operation and meet its infra-structure requirements.
Consequently all land and university buildings
are owned by NMF. Many members of the Board
of Governors of NMF are representatives of the
business community and form a crucial link between
the University and the business world as shown
by attached list of Board of Governors. |
