HRD rejects three names suggested for IIM-A Chairman's post; seeks more new names

The HRD ministry has rejected a panel of three names forwarded by IIM Ahmedabad administration for the position of the institute's chairman and sought a list of new candidates. Sources said the process of searching for a new person for the post is set to begin.

A three-member search committee, headed by former IIM-A chairman and L&T CMD Anil Naik, was learnt to have forwarded the three names to the Union HRD Ministry for the post. The names were chairman of the Board of Directors of Infosys R Seshasayee, HDFC chairman Deepak Parekh, and CMD of Hero MotoCorp Pawan Munjal, it is learnt. The HRD ministry has sought new names for the post, a source said.

As per the Memorandum of Association between the IIM-A and HRD ministry, the latter selects from the names suggested by the search committee for the post.

The post was lying vacant ever since Naik stepped down as the chairman of the board of governors on December 31 last, two years before the end of his tenure. Cadila Healthcare CMD Pankaj Patel was appointed as interim chairman by the board and search for new chariman was initiated.