The Indian Institute of Management, Ahmedabad (IIM-A) Director Ashish Nanda on Thursday announced his decision to step down from the post of Director after three and a half years and is slated to continue at the position in the institute till September 1. A Robert Braucher Professor of Practice at Harvard Law School and an IIMA alumnus, he had joined the institute on September 2013.
In a letter that was sent out simultaneously to the IIM-A community and press by IIM-A on Thursday, Nanda cited that he had committed to serving one term at IIM-A and said that it will be four years from his joining on September 1.
“I believe that we are at a point where there is alignment among various constituencies of the Institute as to the direction we ought to follow and considerable momentum along the path that we are following…This is as good as time as any for leadership transition at the Institute…. Professionally I have enjoyed the experience immensely and learned a lot. However personally, living a long distance from my wife and son has been a challenge. When I joined, I had committed to serving at most one term. On September 1, it will be four years to the day since I took charge…I will hand over responsibilities of director at the end of that day,” cites Nanda in a letter addressed to the members of the IIMA community.
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His resignation was also accepted by IIMA Chairman Kumar Mangalam Birla who reacted to Nanda’s resignation on 26th April, 2017 in a letter which cited, “We have had a conversation about this for the past couple of weeks and I fully understand your need to be with your family and the inconvenience that the separation is causing you. Hence I accept your resignation, albeit with regret.”
It is learnt that Nanda also chaired a faculty meeting after the resignation mail was sent out to the faculty an staff at IIMA on Thursday evening.