It has been since January 2016 that IIM Ahmedabad had been without
a regular Chairman. A.M.Naik CMD, Larsen & Toubro quit the position, citing
“paucity of time”.
49 years old Chairman of the $41 Billion Industry conglomerate
Aditya Birla Group, Kumar Mangalam Birla is the new Chairman of the IIM
Ahmedabad, according to the HRD Ministry statement.
The premier B school has been without regular Chairman since
A.M.Naik CMD, Larsen & Toubro quit the position, citing “paucity of time”.
The Chairman of the IIM is a non-executive position and the
major role is to preside over the Board of Governors meetings and act as IIM
spokesperson. The IIM Chairperson also takes up the issues of the institute
with the Union Government.
Soon after Naik resigned, a search committee comprising of
Sanjay Labhai of Arvind Group, Pankaj Patel of Zydus and D.Shivkumar of Pepsico
India was constituted. The committee put forward the names of Deepak Parekh,
Chairman of Housing Development Finance Corporation, R.Seshasayee of Infosys
& Pawan Munjal of Hero Motocorp. The HRD Ministry headed by Smiriti Irani
rejected the list.
new three member panel was constituted which put forth name of Kumar Mangalam
Birla. All the names were discussed and approved by the institute’s Board of
Governors in September.