Alumni News
Anup Bagchi (PGP 1992) takes charge as HDFC Bank MD & CEO
IIM Bangalore alumnus Anup Bagchi has been appointed Managing Director and Chief Executive Officer of HDFC Bank for a three-year term, following approval from the Reserve Bank of India. His appointment marks a significant milestone for the bank, as he becomes the first external candidate to take the helm.
Bagchi brings over three decades of experience across banking and financial services, having been associated with the ICICI Group since 1992. He has held several senior leadership positions, including CEO and MD of ICICI Securities, Executive Director of ICICI Bank, and MD and CEO of ICICI Prudential Life Insurance.
At ICICI Bank, where he served as Executive Director from 2017 to 2023, he oversaw businesses spanning retail, business, rural and wholesale banking. A graduate of IIMB’s PGP 1992 batch, Bagchi’s appointment places an alumnus at the helm of one of India’s leading private sector banks.
Anindya Mukherjee takes charge of Strategy & Business Excellence at Shyam Metalics
Anindya Mukherjee, an MBA in Strategy and Finance from IIM Bangalore and a Mechanical Engineering graduate of IIT Kharagpur, has been appointed Chief – Strategy & Business Excellence at Shyam Metalics and Energy Limited.
With over 23 years of experience spanning strategy, business transformation, manufacturing and infrastructure, Mukherjee will lead the company’s strategy implementation, mergers and acquisitions, business excellence initiatives and investor relations. His appointment brings extensive cross-sector experience to the company’s leadership team, with a mandate focused on strategic growth, operational excellence and business transformation.
Former IIMB Director Rishikesha Krishnan receives FICCI Higher Education Personality of the Year Award 2026
Prof. Rishikesha Krishnan, former Director of IIM Bangalore and currently Vice-Chancellor of Ashoka University, has been conferred the FICCI Higher Education Personality of the Year Award 2026. The honour was presented at the 12th FICCI Higher Education Excellence Awards held at Bharat Mandapam, New Delhi.
The award recognises his contributions to institutional leadership, strategic vision and the advancement of Indian higher education. A distinguished academic and institution builder, Prof. Krishnan has previously served as Director of both IIM Bangalore and IIM Indore. During his tenure at IIMB, he contributed to strengthening the institute’s academic and institutional standing.
The recognition celebrates his sustained efforts towards building world-class educational institutions and advancing academic excellence and innovation in India’s higher education ecosystem.
IIMB alumnus-founded ACUMO partners with CCMRM on nationwide financial literacy initiative
The MoU will strengthen the ACUMO Finathon, which now reaches over 400 schools across India
ACUMO Graylight Learning Labs LLP, co-founded by IIM Bangalore alumnus Faiz Azim and Abhishek Anand, has signed a Memorandum of Understanding (MoU) with the Centre for Capital Markets and Risk Management (CCMRM), IIMB. Signed on 08 September 2026, the agreement formalises ACUMO’s role as CCMRM’s technical and content partner for the ACUMO Finathon, a nationwide school finance competition.
The latest edition of the Finathon is its largest yet, reaching over 400 schools across India, with Google Chromebooks as sponsor. The national finals will be hosted at IIM Bangalore. The partnership will also extend to foundational finance courses, assessments and AI-enabled, spreadsheet-based learning journeys.
Calling the collaboration a special homecoming, Faiz acknowledged the support of IIMB, Prof. M Jayadev and Utanka Sarma in bringing the inaugural edition of the Finathon to life.
