Citing personal reasons, professor Ashish Nanda resigned from his role as the director of Indian Institute of Management (IIM) Ahmedabad on Thursday.
The resignation of IIM Ahmedabad director comes as a surprise as Nanda is leaving one year before his tenure expires.
Nanda, a former professor at Harvard Law School, was the first professor from a foreign school to head an IIM.
“Dear Prof. Nanda, I have received your resignation dated 26/4/2017. We have had a conversation about this for the past couple of weeks, and I fully understand your need to be with family and the inconvenience that the separation is causing you. Hence, I accept your resignation, albeit with regret,” IIM-A chairman Kumar Mangalam Birla said in his acceptance letter to Nanda.
In his resignation letter and a subsequent mail to IIM-A fraternity, Nanda said he enjoyed his association with IIM-A but he needs to give more time to his family.
An alumnus of the 1983 batch of IIM-A, Nanda will continue to hold the charge till September 1.
Image Courtesy: Jaydip Bhatt/Mint