As per latest news, Kuman Mangalam Birla has been appointed as the new Chairman of Board of Governors at IIM Ahmedabad by the Ministry of Human Resource Development (MHRD). Birla's name was finalised from among a shortlist of three names sent by a search committee set up by IIM-A's Board of Governors.
The new search list for the director of IIM-A had some prestigious names such as Infosys chairman R Seshasayee; HDFC chairman Deepak Parekh; and Birla. Finally, the ministry approved Birla's name for IIM-A chairman's post last week.
As per the sources, the names were discussed and approved by the institute's Board of Governors in late September and sent to the HRD Ministry for approval, as stipulated by the Memorandum of Association (MOA) between the IIM-A and the Ministry.
About Kumar Mangalam Birla
With a net worth of $8.8 Billion, Kumar Mangalam Birla is a renowned Indian business tycoon around the globe. He is the Chairman of the Aditya Birla Group and the recipient of “CEO of the Year Award 2016” by International Advertising Association’s (IAA). He has also earned various awards and accolades in his credit attributing to the successful ventures that he has opened up globally. Mr. Birla has also earned an MBA from London Business School.
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