Updated on: Tuesday, March 12, 2013
The governing council of Indian Institute of Management, Ahmedabad(IIM-A) shortlisted three names for the post of new director, sources said.
"A consensus was reached on three names for the post of new IIM-A director, during the governing council meeting held under the chairmanship of L&T chief A M Naik. They have been forwarded to the Union Ministry of HRD," a board member told.
The Union Ministry of HRD will finalise the name of the new director after getting approval from the cabinet committee, sources said.
There was a delay of about four months in arriving at a consensus on three names by the governing council.
The five-year term of incumbent director, Samir Barua had expired in November last year. However, the director was given two extensions a first in IIM-A's history. The term of his second extension will be over by March end.
"The agenda of board meeting aimed to derive consensus on three names," IIM-A Director Samir Barua told.
However, despite being a member of the IIM-A governing council, Barua did not attend the meeting.
Among the prominent professors from the institute in race for the coveted post were Shailendra Mehta, Ravindra Dholakia, G Raghuram, Sebastian Morris, Rakesh Basant, Rekha Jain and Arvind Sahay.
The selection committee headed by L&T Managing Director A M Naik constituted to shortlist suitable candidates for the post of institute Director comprise Rama Bijapurkar, Mastek's Non-Executive Director Ashank Desai, GlaxoSmithKline Pharmaceuticals Ltd's Managing Director Hasit B Joshipura and Arvind Group CMD Sanjay Lalbhai.