BANGALORE: Dr Sushil Vachani, a US citizen, a former professor of strategy and innovation at Boston University, will take charge as the new director of the Indian Institute of Management, Bangalore (IIMB), on July 1, 2014.

Prof. Vachani received his doctorate in International Business from the Harvard Business School, a postgraduate diploma in Management from the Indian Institute of Management, Ahmedabad, and a Bachelor of Technology from the Indian Institute of Technology, Kanpur.

During Vachani’s 28 year career at Boston University, he has served in several leadership positions, such as Faculty Director of the International Management Program in Japan, Chairman of the Doctoral Programme and Special Assistant to the University’s President for its India Initiative and he has a extensive managerial and consulting experience in both the U.S. and India. He also worked at the Boston Consulting Group developing strategies for the U.S., Japanese and European multinationals, and in India with Philips, the Tata Administrative Service and Tata Motors.

His research has been published in top journals including California Management Review, Harvard Business Review and Journal of International Business Studies. Also, he has authored four books and also co authored many other books.

Dr Vachani will succeed Prof Pankaj Chandra who was the director of the IIMB from December 2007 to September 2013. Dr Vachani’s name for the post was recommended by Mukesh Ambani, chairperson and managing director, Reliance Industries, and former chairman of the Board of Governors, IIMB. Selection of candidates from abroad was made possible more than a year ago after the HRD minister had initiated a move to allow each IIM to shortlist its own candidates for director. The Union human resource development ministry had approved the appointment of Sushil Vachani, as the new director of the Indian Institute of Management, Bangalore.

Prof. Vachani is the seventh regular director of IIM-B; the institute has had three ‘acting directors’ and the term of the director is typically for five years.

“He has many good publications to his credit. He is well respected, not just in India, but globally,” a senior academician at IIM-B told Business Standard.

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