Published On: Mon, Apr 4th, 2011

Adi Godrej becomes ISB Chairman

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Adi Godrej has become the new chairman of The Indian School of business (ISB), Hyderabad. The decision of his appointment was taken during the executive board meeting in the city on April 2, 2011. Adi will become the second chairman of ISB.  Adi Godrej is the chairman of the Godrej group.

In his new role, Adi Godrej will chair the board of ISB that comprises of many respected industrialists and philanthropists. The day to day functioning of the school continues to be under the purview of the Dean and his team.

Making the announcement, Ajit Rangnekar, Dean, ISB said, “Adi has been closely associated with the ISB since its inception. Over the years, he has provided valuable guidance towards making ISB one of the largest management institutions of quality in the world. As the Chairman of the Godrej Group, Adi has a strong reputation as a business leader and is committed to an inclusive India. We welcome Adi as our new Chairman.”

ISB had accepted the resignation of Rajat Gupta, the McKinsey veteran, who offered to resign from the institution after getting allegedly involved in an insider trading scandal in the US.

Accepting his role as the Chairman, ISB, Adi Godrej, said, “I have always been proud to be part of this great institution of learning and am honored to take on the role of the Chairman. I look forward to working along with the other esteemed board members and our Dean to help take ISB to greater heights.”

The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top 20 B-schools globally.