Parekh, Se­shasayee Short­listed for the Post of IIM-A Chair­man

Hero Mo­toCorp’s Su­nil Kant Mun­jal also short­listed ; in­sti­tute is bet­ting on lead­ers who can en­sure its au­ton­omy; L&T chair­man AM Naik stepped down as chair­man in Jan

The Economic Times - - Companies -

Kala Vi­jayragha­van & Rica Bhat­tacharyya

Mum­bai: HDFC chair­man Deepak Parekh, Hero Mo­toCorp joint man­ag­ing di­rec­tor Su­nil Kant Mun­jal and In­fosys chair­man R Se­shasayee have been short­listed for the post of chair­man of the In­dian In­sti­tute of Man­age­ment, Ahmed­abad.The search com­mit­tee of the in­sti­tute has for- warded th­ese names to the min­istry of hu­man re­source de­vel­op­ment, of­fi­cials fa­mil­iar with the de­vel­op­ment said. Larsen & Toubro chair­man AM Naik stepped down as chair­man of the in­sti­tute in Jan­uary, cit­ing a busy sched­ule, less than a year af­ter he took up the po­si­tion for the sec­ond straight term. Cadila Health­care chair­man Pankaj R Pa­tel is cur­rently the in­terim chair­man.

IIM-A di­rec­tor Ashish Nanda de­clined to com­ment on the mat­ter. A top of­fi­cial said the in­sti­tute is bet­ting on lead­ers who can en­sure the au­ton­omy of the in­sti­tute and at the same time be on the right side of the govern­ment. Samir Barua, for­mer di­rec­tor of IIM-A, said the next chair­man must be will­ing to give time to the po­si­tion.

“If he is from the cor­po­rate sec­tor, he should un­der­stand the dif­fer­ence be­tween run­ning a busi­ness es­tab­lish­ment and an aca­demic in­sti­tu­tion, which is an al­to­gether dif­fer­ent ball­game. Also, the per­son has to make an ef­fort to re­ally un­der­stand the per­spec­tive of dif­fer­ent stake­hold­ers of the in­sti­tute,” he said.

The search com­mit­tee in­cluded Naik, Nanda, Pa­tel, Arvind chair­man San­jay Lalb­hai and Pep­sico In­dia chair­man D Shivaku­mar. Naik’s exit came as a sur­prise, given his huge stature and in­volve­ment with IIM-A. Of­fi­cials in aca­demic cir­cles said main­tain­ing a fine bal­ance be­tween the govern­ment and the in­sti­tu­tion’s in­de­pen­dence was a big chal­lenge. The L&T chair­man was among those who spoke out against the draft In­dian In­sti­tutes of Man­age­ment Bill, which has been re­worked. The bill is aimed at grant­ing statu­tory sta­tus to the IIMs and allo- wing them to award de­grees. Naik had been push­ing to make IIM-A a more out­ward look­ing and global man­age­ment in­sti­tute. The hu­man re­source de­vel­op­ment min­istry has been in a tus­sle with IIMs, seek­ing some con­trol over their func­tion­ing, a move chal­lenged by the in­sti­tutes, es­pe­cially the older ones. IIM-A was placed sec­ond in a rank­ing of na­tional in­sti­tu­tions re­leased by the HRD min­istry ear­lier in April.

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