Ajit Prasad, a professor of strategy at SP Jain Institute of Management and Research, Mumbai will take charge in November as full-time director of Indian Institute of Management, Lucknow (IIM L).
Prof. Prasad is an alumnus of St Stephens College, the Delhi School of Economics and International Management Institute. He has considerable experience in the government, industry and academia.
He will take over from the interim director Bharat Bhasker. The post had been lying vacant for the past 19 months since Prof Devi Singh’s second term, extended for six months from March 9, 2014 ended in September last year.
The Ministry of Human Resource Development (MHRD) had given additional charge of the director, IIM-L to the next senior faculty Bharat Bhasker on July 8 after Prof Yogesh Agarwal, second senior-most faculty declined to take charge, for a period of three months.
Prof. Prasad is an alumnus of St Stephens College, the Delhi School of Economics and International Management Institute. He has considerable experience in the government, industry and academia.
Earlier, senior-most professor Rajiv Kumar Srivastava completed his six-month term as the IIM L director on July 7 and refused to continue on health grounds and that his professional work was suffering due to the additional responsibilities.
On October 8, MHRD issued fresh directives giving extension to Bhasker till further orders. In the interview held on October 21, the search-cum-selection panel gave nod for Prasad’s appointment which was endorsed by the Appointment Committee of Cabinet (ACC) headed by the Prime Minister.