The executive board of the Indian School of Business (ISB) has appointed Ajit Rangnekar as the new Dean of the ISB for a term of five years.
Several candidates were reviewed for the position of the Dean ever since it fell vacant in January 2009, following the resignation of M Rammohan Rao in January 2008.
The executive board, based on the recommendations of the Dean Search committee, and extensive discussions with the faculty, students, alumni, partner schools, and other key stakeholders, found Ajit Rangnekar to be the best suited for the job.
"We could not have asked for a better outcome. Ever since Ajit joined the ISB nearly 7 years ago, he has become indispensable to the school. He has played a crucial role in the school's growth over the years, and embodies the ISB's vision and values in everything he does, Rajat Gupta, chairman, ISB said.
Speaking on his appointment, Ajit Rangnekar, Dean, ISB, said "I have always been passionate about the ISB and its vision, and am proud to have been a part of its growth over the years. It is indeed an honour to be entrusted with the responsibility of leading the school in the next phase of its growth. In the coming years, we will continue to strengthen our faculty pool, enhance our research capabilities, and focus extensively on making ISB the best in the world on issues of fast emerging economies."
He was the Deputy Dean of the school from March 2003 to January 2009. Before joining the ISB, he was the country head, of Price Waterhouse Consulting.
Rangnekar completed his undergraduate degree from the Indian Institute of Technology, Mumbai, and post graduation in management from the Indian Institute of Management, Ahmedabad.
