- The Human Resource Development ministry has rejected a panel of three names, including HDFC chairman Deepak Parekh, to head the prestigious Indian Institute of Management, Ahmedabad (IIM-A).
- The ministry has sought a fresh list of candidates without elaborating reasons for rejection.
- A three-member search committee, headed by former IIM-A chairman and L&T CMD Anil Naik, had also recommended chairman of the Board of Directors of Infosys R Seshasayee, CMD of Hero MotoCorp Pawan Munjal, according to official sources.
- As per the Memorandum of Association between the IIM-A and HRD ministry, the latter selects from the names suggested by the search committee for the post.
(With agency inputs)
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