Business Management News

IIMB Celebrates 43rd Foundation Day on October 28

Indian Institute of Management Bangalore will celebrate its 43rd Foundation Day on Friday, October 28, 2016, with many events and activities on campus.

The Foundation Day events include the Foundation Day Lecture and the Distinguished Alumni Awards ceremony. This year’s theme for the Foundation Day Lecture is ‘Social Inclusiveness and our Education System’ . The lecture will be delivered by the chief guest, Dr. H. Harish Hande, Co-founder and Managing Director, SELCO Solar Light Pvt. Ltd., at the IIMB Auditorium from 5.30 pm.

An IIT Kharagpur and University of Massachusetts, USA alumnus, Dr. Hande is recognized as a pioneer of rural energy service across the globe. Dr. Hande and his company have received many national and international awards like the Ashden award, the Tech Museum award, the Khemka Social Entrepreneur of the year 2007, and the Financial Times – Arcelor Mittal Boldness in Business award.

Dr. Hande was one of the 21 CEOs invited to meet US President Barrack Obama during his visit to Mumbai in 2014. Professor Raghavan Srinivasan, Director Incharge, IIMB, will present a report on the institute’s achievements during the event.

The IIMB Foundation Day celebrations will also see Distinguished Alumni Awards (DAA) being conferred on Ramesh Srinivasan and Haragopal Mangipudi. It will be a proud moment for the institute to be able to honor the two awardees for their significant professional excellence as well as their contribution to industry, academia and society. Each recipient of the DAA receives a citation and will have their name engraved on the Wall of Fame at the institute.

Ramesh Srinivasan is the CEO of Ooyala Inc. in Santa Clara (Silicon Valley), California. He was previously President and CEO of Innotrac Corporation, a leading eCommerce Fulfillment Services provider. Before this, he spent nine years of his professional career at Bally Technologies, Inc., a global leader in Gaming Technology Products and Services. He is an alumnus of the PGP 1984 batch.

READ ALSO: IIMB’s EPGP Hosts ‘Sammantran 2016’ on October 23

Haragopal Mangipudi is currently CEO & MD of finUNO. He founded a twin-engine start-up in the US & India simultaneously and co-created the world’s first multi-modal Intelligent Financial Assistant, which was launched at the Global Intelligent Assistance Conference in NYC. Forrester mentioned finUNO as one of the global top 3 innovations in financial services and customer experience. He was previously Global Head of Finacle, Senior Vice President and Member of the Executive Council at Infosys Ltd. Haragopal Mangipudi is from the first batch of IIMB’s PGSEM (2001) program.

Origin of IIMB

In 1972, a committee headed by Professor Ravi J. Matthai, seeing the rising demand for graduates of the first two IIMs namely IIM Calcutta and IIM Ahmedabad, recommended the need to have more IIMs.

While the first two IIMs were oriented towards the private sector so, it was decided that the new institution shall be public sector oriented and cater to its growing needs of management graduates. The Institute at Bangalore was consequently set up next year, designed to cater exclusively to the needs of Public Sector enterprises.

For the proposed institute, the Government of Karnataka offered 100 acres (40 ha) of land free of cost and a contribution of 3 million INR . T. A. Pai and N. S. Ramaswamy were appointed as chairman and director respectively. The institute was inaugurated by Indira Gandhi, the then Prime Minister of India, on 28 October 1973. (Image Courtesy: Wikipedia)

After Graduation Career Counseling Discussion

Leave a Reply