Overview

• President Droupadi Murmu approved the appointment of University of Lucknow vice chancellor Alok Kumar Rai as IIM Calcutta director under Section 16(2) of the amended IIM Act.
• The directorship will be formalised once the IIM C Board issues the appointment letter and Rai submits his acceptance to the education ministry.
• Rai becomes the first non-IIM academic and the inaugural Lucknow University vice chancellor to lead the premier business school.
• His name emerged from a second search committee panel after the ministry rejected the initial recommendations in May.
• The appointment ends a leadership void that left IIM Calcutta without a full-term director for nearly two years.