Biocon MD, Kiran Majumdar Shaw is now elected to be the Chairperson of the Indian Institute of Management, Bangalore’s Board of Studies. He will takeover the responsibilities from Reliance chief Mukesh Ambani who had been serving the board for last eight years. Ambani expressed his inability to continue in the post and then the IIM B board chose Kiran Shaw as a replacement.
“Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon Limited, has been a member of the IIM-B Board for the past several years. She is the first woman chairperson of any IIM Board”, a release from IIM-B said.