MHRD appoints Kumar Mangalam Birla as IIM-A's new chairman: The HRD service has selected the 49-year-old director of the USD 41 billion mechanical combination of Aditya Birla Group, Kumar Mangalam Birla as the new executive of Indian Institute of Management-Ahmedabad (IIM-A).
Current Affairs It has been affirmed that Birla, who is as of now the executive of IIT Delhi, acknowledged the position.
Since January, the head B-school has been without a customary Chairman after A M Naik, the CMD of Larsen and Toubro, ventured down refering to "scarcity of time."
Not long after Naik's renunciation, a pursuit board of trustees to choose the new IIM-An administrator was shaped. The board included Naik as its head, with Sanjay Lalbhai of the Arvind Group, Pankaj Patel of Zydus Cadila and D Shivakumar of Pepsico India as individuals.
The panel shortlisted the names of Deepak Parekh, Chairman of Housing Development Finance Corporation; R Seshasayee of Infosys and Pawan Munjal, the CMD of Hero Motocorp.
Later, headed by Pankaj Patel, another three-part board was constituted. The board dropped the name of Hero MotoCorp CMD Pawan Munjal and incorporated the name of Kumar Mangalam Birla .
The names were talked about and affirmed by the organization's Board of Governors in late September and sent to the HRD Ministry for endorsement, as stipulated by the Memorandum of Association (MOA) between the IIM-An and the Ministry.
A discourse on the matter is accepted to have occurred with the present HRD Minister Prakash Javadekar on his late visit to the IIM-A.