The board of governors (BoG) of Indian Indian of Management in Ahmedabad (IIM-A) will be meeting again on March 9 to decide about who will succeed incumbent director Samir Barua.
Barua,who has been heading the institute for the last five years,has been given two extensions since November 2012,a rare distinction for him in the leading B-School of the country.
The second extension was given on February 7 and the IIM-A faculties were informed that Barua would continue till March 31,when an acting director will take over the charge.
Barua will be the only director in the history of the institute to host six convocations as director. The annual convocation is scheduled to be held on March 23.
A prominent board member said the agenda for the meeting had been circulated among all the 17 members,asking them to attend the meeting on March 9 at IIM-A campus.
He said that though there were many other issues on the agenda, clearing the list of names for the post of director was the main agenda. It would be presented before the members for discussion before being forwarded to the Human Resource Development (HRD) ministry. HRD ministry will select one of the names and give its approval to BoG for appointment.
The issue regarding successor of Barua has engaged the BoG members for the last six months but they failed to arrive at any final decision.
The delay in finalising a panel of three names for the post has been reportedly because of differences between BoG chairman A M Naik and some prominent board members.
Naik had been maintaining they were not getting a suitable candidate for running this reputed institution and hence the delay.
One of the board members said the institute was even ready to pay Rs 1 crore-plus salary,yet it was not getting an appropriate person for the job.
Sources said absence of a full-fledged director was coming in the way of clearing major projects.