rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Biocon CEO to replace Mukesh as IIM-B board chief

Biocon CEO to replace Mukesh as IIM-B board chief

February 19, 2014 14:19 IST

Kiran Mazumdar-ShawIndian Institute of Management-Bengaluru has appointed Kiran Mazumdar-Shaw as the Chairperson of its Board of Governors.

At the meeting of the Board of Governors of IIM Bengaluru held on February 11, the chairperson, Mukesh D Ambani, expressed his decision to step down, IIM-B said.

The board, accordingly, appointed Kiran Mazumdar-Shaw as the Chairperson of the IIM-B Board of Governors with effect from February 11, it added.

"Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon Limited, has been a member of the IIM-B Board for the past several years.

“She is the first woman Chairperson of any IIM Board", it said.

She takes over from Mukesh D Ambani, who has been the chairman of the Board for the last eight years.

The Ministry of HRD has notified this change, it added.

Image: Kiran Mazumdar-Shaw; Photograph: Rediff Archives

© Copyright 2014 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.