Alumni News

Barclays Plc Taps IIMB Alumnus Nitin Singh (PGP 2000) to Lead Asia Private Bank, Consolidating India and Singapore Businesses

Barclays Plc has hired Nitin Singh, an alumnus of IIM Bangalore from the PGP 2000 batch, to head its Asia private bank, combining businesses in Singapore and India under one chief in a strategic move to expand across the region. Based in Mumbai, Singh will assume his role on 18th September, reporting to Jean-Christophe Gerard, CEO of Barclays Private Bank, and regionally to Jaideep Khanna, the lender’s Asia-Pacific head. With over 20 years of experience in money management, Singh previously held leadership positions at Standard Chartered Bank and HSBC Holdings Plc in the UK and India. His appointment underscores the significance of India in Barclays’ growth plans, as global wealth managers aim to strengthen their presence in Asia. Additionally, the memo reveals that Sandeep Das, Barclays’ head of private clients in India, will be leaving the bank for another opportunity, and Evonne Tan’s reporting line will move to Singh, reflecting the bank’s focus on consolidating and enhancing its private banking operations in the region.


Djax Tech Founder and IIMB Alumnus (MPEFB 2009) Launches ₹50 Cr VC Fund, Ropes in IIM Alumni as Partners

Ram Kumar, an alumnus of IIT Bombay and IIM Bangalore, has launched Djax Ventures, his debut venture capital firm focusing on early-stage startups. He has brought onboard Vijaya Devi, an alumna of IIM Bangalore, and Raja Mohammed, an alumnus of IIM Kozhikode, as VC and General Partners at the company. The fund aims to raise ₹50 crore (approximately $6.8 million) in a first close and has already received commitments from various family offices and high-net-worth individuals. Djax Ventures plans to invest in early-stage startups across sectors, with a specific focus on technology, healthcare, and consumer internet.

Drawing from his entrepreneurial experience, Ram Kumar aims to guide early-stage founders through challenges and contribute to building successful businesses. With Djax Technologies, a software-as-a-service (SaaS) company he founded in 2015, and now Djax Ventures, he seeks to foster innovation and growth in the Indian startup ecosystem. The firm’s target is to demonstrate its dedication to supporting promising startups and making a positive impact on the thriving Indian startup landscape.


Narendra Ostawal and Rohit Rao: Empowering the Institute as Joint Presidents and Collaborative Energizers

IIM Bangalore expresses gratitude to donors Narendra Ostawal and Rohit Rao for their collaborative partnership and energizing support. Ostawal, an alumnus of the PGP batch of 2000-2002, considers his contribution as a token of gratitude and support for the institute’s growth. Kotak Mahindra Bank Limited, under its CSR Project, has partnered with IIM Bangalore to enhance the Women’s Start-up Programme (WSP). WSP aims to empower women entrepreneurs in Tier II and Tier III cities, incubating early-stage companies with potential for social and financial impact. The collaboration between Ostawal, Rao, and the institute promises to create a vibrant start-up ecosystem for women’s empowerment.


Ph.D. Alumna Dr. Anchal Soni’s Co-Authored Paper Accepted for Publication in Energy Economics

Paper Titled ‘A Wavelet-Based Methodology to Compare the Impact of Pandemic versus Russia-Ukraine Conflict on Crude Oil Sector and its Interconnectedness with Other Energy and Non-Energy Markets,’ Co-Authored by Dr. Anchal Soni and Archi Roy, Accepted for Publication in Energy Economics

The esteemed journal Energy Economics has accepted a research paper co-authored by Dr. Anchal Soni, a recent alumna of the Doctor of Philosophy (PhD 2022) program at IIM Bangalore, and Archi Roy from IISER Pune, who is co-advised by Dr. Soudeep Deb from the Decision Sciences area at IIMB. The paper presents a wavelet-based methodology to compare the impact of the pandemic and the Russia-Ukraine conflict on the crude oil sector, and its interconnectedness with other energy and non-energy markets.

Energy Economics, known for its prominence in the field of energy economics and energy finance, publishes a diverse range of papers utilizing various methodologies to shed light on a wide array of topics.


Book Chapter Authored by IIMB Alumna Dr. Kalpana Gopalan (PGPPM 2004) Published in ‘Management 4.0: Empowering Managers through Emerging Technologies BATCH

In this insightful book chapter, Dr. Kalpana Gopalan draws on her vast experience in the Indian Administrative Service (IAS) and her academic background from the Doctoral Programme and Post Graduate Programme in Public Policy & Management (PGPPM) at IIM Bangalore to explore the effective implementation of government services through technology. ‘Management 4.0: Empowering Managers Through Emerging Technologies’ presents valuable insights co-authored by Prof. Anurag Singh and Dr. Rubee Singh, making it a valuable resource for aspiring managers navigating the ever-evolving landscape of emerging technologies.


IIMB Alumnus Dr. Sanjeeb Patjoshi (PGPPM 2008) appointed as Director General of Fire Force & Rescue Services in Kerala

Dr. Sanjeeb Patjoshi, an esteemed alumnus of IIM Bangalore’s Post Graduate Programme in Public Policy and Management (PGPPM) 2008 Batch, has been appointed as the Director General of the Department of Fire Force & Rescue Services and Commandant General of Kerala Home Guards in Trivandrum. Having graduated with an IPS degree and a PhD, Dr. Patjoshi brings a wealth of experience from his previous roles as the Chairman & Managing Director of Kerala State Civil Supplies Corporation, CEO of Council of Food Research & Development, and CEO of College of Indigenous Food Technology in Cochin. As an accomplished leader, his appointment is expected to fortify fire and rescue services and strengthen the Home Guards force in the region.


Divya Nigam, Alumnus of IIMB EGMP 32 Batch, Shines: Secures Silver Medal in Karnataka State Shooting Championship”

In a moment of triumph, Divya Nigam, an alumnus of IIM Bangalore’s EGMP 32 Batch, showcased his remarkable skills in the sport of shooting by securing the Silver Medal in the Karnataka State 10m Air Pistol Shooting Championship. Adding to the family’s achievements, his son, Divyansh, displayed incredible talent by earning the Bronze Medal in the Sub-youth 10m Air Rifle Team Category. Notably, in the individual category (under 16, under 19, and under 21), Divyansh’s impressive performance landed him at the 4th position. The proud father-son duo has now qualified for the upcoming Pre-Nationals event, scheduled to be held in Kerala in September. This inspiring feat is met with much celebration and pride.