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
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.