Bocconi is not only the main Italian private university, and one of the most prestigious in Europe. It is also an important hub of the economic and productive system, both for scientific production and for the training of the future ruling classes. Also due to its centrality, it needs careful and always balanced governance in the composition of the Board of Directors. We are moving towards renewal, with the current board in office for the four-year period 2019-2022, and we are working to make choices that live up to expectations. And that they are shared as much as possible. From 1 November the new rector, Francesco Billari, will be in office for the two-year period 2022/24. He was leader of a research group at the Max Planck Institute for Demographic Research in Rostock and director of the department of Sociology at the University of Oxford. He graduated, obviously from Bocconi, in 1994. The same year in which Mario Monti became president. The former premier is heading towards thirty years of presidency and there are those who hypothesize that the time may have come to take a step back, for a change in his role as well. The University Statute provides for a rather articulated composition for the board of directors, attentive to the various institutional representatives. The appointment of the chairman of the board of directors and 9 out of 19 members are the responsibility of the Javotte Bocconi Manca Institute of Villahermosa – “Amici della Bocconi” Association, the foundation of the Bocconi University and its main reference for strategic and governance decisions. The pro-tempore Rector completes the board; a representative of the Ministry of Education, University and Research; a representative of the Lombardy Region; a representative of the Province of Milan; a representative of the Municipality of Milan; a representative of the Cassa di Risparmio Foundation of the Lombard Provinces; three representatives of the Chamber of Commerce, Industry and Crafts and Agriculture of Milan. All the members of the Board, with the exception of the Rector, remain in office for four years and can be confirmed, also in consideration of their prestige and acquired merits, in the academic and industrial fields, in Italy and abroad.