The current Rector is Professor Karen Spens who was appointed for a five-year period commencing 1 August 2015. The Board of Hanken re-elected professor Karen Spens as Rector for a three-year period to the summer 2023, on 7 February 2020. The Rector exercises general authority as stated in the Universities Act, i.e. she heads the school, she is responsible for preparing and carrying out the decisions of the Board, and takes decisions on all matters that are not expressly the business of some other body.