Since 2011, Akkaoui is the chairman of the Lebanese Center for Policy Studies (LCPS),[9] the most respected think tank in the Middle East. Established in 1989, it operates as an independently managed, politically neutral, think tank initiating many advocacy initiatives for judicial reforms, transparent budget process, decentralization and local governance, and the enhancement of the function of business associations in policy making. In a recent survey of think tanks conducted by the University of Pennsylvania, LCPS was ranked first out of eleven Lebanese think tanks and eighth out of 217 Arab think tanks.