Alumni News

Wipro Names NS Kannan as Independent Director on Board

Wipro, a leading global IT company, has appointed NS Kannan, an alum of PGP 1991 and a seasoned professional in the financial services industry, to its Board of Directors. Effective from October 1, 2023, Mr. Kannan’s appointment as an Independent Director is set for a five-year tenure. With a remarkable career spanning over three decades, he brings extensive expertise to the role. Mr. Kannan most notably served as the Managing Director and Chief Executive Officer at ICICI Prudential Life Insurance Co. Ltd until his recent superannuation. His addition to Wipro’s board is expected to enrich the company’s strategic direction and decision-making processes.

Rishad Premji, Chairman of Wipro said, “We are pleased to have Kannan on our Board. Kannan is a veteran of the financial services industry, and Wipro will greatly benefit from his leadership experience, and expertise across finance, strategy, corporate governance, risk management, and beyond.” 

On his appointment, Mr. Kannan said, “I am excited and honoured to join the board of Wipro, an iconic values and purpose-driven company that is a key technology partner to some of the most respected clients globally. I look forward to contributing to its next phase of growth and impact.”

PR Seshadri appointed new MD & CEO of South Indian Bank

P R Seshadri, an alumnus of IIMB’s PGP 1986-88 batch, has been appointed by the Reserve Bank of India to assume the esteemed role of Managing Director and CEO at South Indian Bank, with its headquarters situated in Kerala. This appointment, scheduled to be effective from October 1, is intended to cover a comprehensive three-year term. Seshadri’s notable professional journey encompasses his positions as the Managing Director and CEO at The Karur Vysya Bank, as well as the Managing Director and Regional Sales and Distribution Head at Citibank (Asia Pacific), among other responsibilities. At present, he lends his mentorship acumen to businesses operating at both operational and Board levels. The bank has extended its commendation for his extensive banking expertise and accomplished enterprise-level management capabilities.

Alumni-authored Bestseller: The Counterfeiter – Unveiling a Timeless True Crime Saga

The Counterfeiter: Abdul Karim Telgi and the Stamp Scam delves into an enthralling true-crime saga that remains captivating a quarter-century later. Authored by Bhaswar Mukherjee, an alumnus of the PGP 1988 batch, this book has achieved the remarkable feat of becoming a bestseller multiple times since its release, proving its enduring appeal. It unveils the complete story of an audacious underdog, exposing the complex corruption web intertwining lawmakers and law enforcers. The narrative’s Bollywood-like flair encompasses chases, corruption, political manipulation, and even murder. Amidst lingering questions surrounding Telgi’s astounding wealth accumulation and economic manipulation, “The Counterfeiter” meticulously documents the swindle’s execution, investigation, legal proceedings, Telgi’s journey, and eventual exoneration. Through this detailed exploration, the book sheds light on this enduring true-crime narrative.

Fusing Faith and Folklore: IIMB Alumnus Vikrant Pande and Neelesh Kulkarni Co-author Captivating Tale

Dr. G Sabarinathan of IIM Bangalore leads an engaging conversation, delving into the creation of the book, co-authored by IIMB alumnus Vikrant Pande and Neelesh Kulkarni. Presented by HarperCollins, this literary endeavor harmoniously blends the creative voices of both authors. Venturing into the realms of folklore and fables, the narrative intricately highlights the essence of faith. Adding to the intrigue, the authors share in the video that their captivating travelogue is set to be transformed into an enticing web series, marking an exciting expansion of its narrative horizons.

Watch here..