Alumni Relations and Development Report - 2019 Messages: Director, Dean (AR & D), Head - Alumni About IIMB Relations, Head - page 5 Development page 1 Centres of Excellence and Internationalization Initiatives and and Digital Learning Endowed Chairs at Initiative at IIMB IIMB page 24 page 8 Distinguished Alumni Awards Alumni Activities (DAA)s & their page 36 Messages page 42 Sponsored Office of Scholarships Development and Financial Aid Summary page 69 page 70 Alumni and Scholarship Giving Options Corporate Beneficiaries Contributions page 72 page 85 page 74 Donor’s and Alumni Relations Beneficiaries’ and Development Messages Team page 86 page 91 2 Message from Director I am excited about IIMB’s present and its future. We are making strategic investments that will enable us to build on our strengths and advance rapidly in areas of future impact. The goodwill of our stakeholders gives us the strength of conviction for striving more towards our vision which is to be a global, renowned academic institution fostering excellence in management, innovation and entrepreneurship for business, government and society. We are emphasizing thought leadership through research, setting up new centres of excellence, scaling in terms of student intake and continuing to deliver high quality management education along with improving infrastructure, administration and governance. We have been sharply focused on hiring young talented faculty from across the world, who come with a strong focus on impact-making research. Being a completely self-financed institution, we are also looking at building a strong financial base, both as direct contributions towards activities and for a build-up in endowments. Towards this, we added the development office under a new Dean in early 2018. The development office has been reaching out to alumni, high net worth individuals, and interested organizations to contribute to IIMB and establish their presence in this institution. In the first year (2018-19) of their activity, over Rs. 10 crores have been raised and pledged in contributions from corporates and alumni. I know that in this current (second) year, they will exceed this. Over the years, IIMB has been engaging with alumni to strengthen the connect with the alma mater. Alumni have responded, in a myriad number of ways including organizing batch reunions, sharing guiding thoughts during orientation, speaking during special events, sharing experiences as guest faculty in courses, organizing chapter- wise Anusmarans, opening your homes to our international exchange students as ‘Athithis,’ organizing IIMBue – the one of its kind leadership conclave, and many more. Alumni have been with us every step of the way as donors, partners and energizers. While on the subject of alumni generosity, I would like to place on record my heartfelt appreciation of the effort towards dedicating a classroom to Professor Vatsala Nagarajan, one of our much loved former faculty, on Guru Poornima day, July 27, 2018. This was possible by contributions from several alumni who felt they owed a lot to her. Alumni have also supported us through financial contributions for scholarships and infrastructure. This report, being brought out for the first time, and to become an annual affair, provides a record of the various activities of the alumni relations and development office. I look forward to this activity becoming increasingly thriving and dynamic, engaging with the external ecosystem, enabling the internal one and contributing to the goodwill of both. I thank all stakeholders and look forward to continued engagement with us in our journey of working and learning together. Best wishes, G Raghuram, PhD Director, IIM Bangalore 1 Greetings from IIMB! The Office of Alumni Relations and Development at IIMB is pleased to present this first ever Report on its various activities. IIMB sincerely thanks all of you for the excellent support provided over the years to emerge as the top management institute not only in India but also in this part of the world. We look forward to the continued support of all of you to retain this position of eminence and also to scale greater heights! This report seeks to provide a comprehensive update on the Message from activities of the office of Alumni Relations and Development in the backdrop of the overall progress made by IIMB. This Dean - Alumni report being the first edition, all important activities – some of which were undertaken in the earlier years- have been Relations and included to provide a context to the activities of this office. It is intended that this report will be an annual feature that Development seeks to connect IIMB with its stakeholders by providing them with a systematic update of the progress made by the institution as well as the efforts made to reach out to its stakeholders. I wish to thank the Alumni Relations and Development team for their sincere efforts over the years to strengthen the bond between IIMB and its alumni and other benefactors. I would also like to congratulate the team for conceptualising this report and working hard to bring out the first issue. We hope you will find this report informative and useful. The team and I will be eagerly looking forward to your suggestions and comments to enable us to make this report even more engaging in the years to come. Best wishes. K Kumar Professor, Entrepreneurship Dean, Alumni Relations and Development 2 The Alumni of IIMB play a very important role in strengthening the IIMB brand and have been making impactful contributions to the global industry, society, local communities, and management research over the last four decades. At IIMB, we take immense pride in the achievements of our alumni and recognize the role they can play in sharing their learnings and experiences with the students and faculty. The Alumni Relations office was set up in 2009 to engage, energize and enhance our relationships with the alumni by engaging in various activities that map into their multiple Message from needs. Head - Alumni In the last one year, we started many new initiatives. We launched “Athithi”, a program to help international exchange Relations students get a flavour of the Indian way of life by staying at alumni homes for a weekend. The conversations over dinner and visits to local events provided an opportunity to the alumni and the student gain a better understanding of each other’s social structures, cultures, education systems, business environments, etc. Senior alumni who graduated more than three decades ago were invited to spend half a day on campus as part of a new initiative called “Immersive Walks”. It helped them get to speed on the various developments at IIMB and explore avenues to derive value from, and contribute to their alma mater. We launched “Parichay”, an event for alumni that helped them pitch their ventures to students, hire interns and offer jobs. We continue our existing activities such as saturday musings, webinars, lsquare, reunions, annual alumni meets, etc. The third edition of IIMBue 2018, the largest leadership conclave organized by any B-School alumni group in India, was successfully organized by the IIMB alumni association in July 2018 at the Taj, Bangalore. It attracted industry leaders, thought leaders, celebrities and alumni from all over the world. We are planning to launch exciting programs for alumni next year such as a residential summer program for alumni children and a back to school program for alumni. I wish to thank the alumni team of R Sushma, R Rohini and Ankita Maslekar for their dedicated efforts in helping us accomplish several milestones over the years. Looking forward to exciting times ahead for alumni. Partha, PGP 92-94 Head – Alumni Relations 3 I take immense pleasure in presenting the first ever report on the various activities of the Alumni and Development Office at IIM Bangalore. As an institution of national importance, IIMB endeavours to foster excellence in management, innovation and entrepreneurship collaboratively working with business, government and the society. To achieve this globally, the institute is on a growth trajectory towards which we are enhancing the quality of research, emphasizing internationalization, developing new and emerging research initiatives, scaling up in terms of student intake in all the programmes, deepening our engagement with the alumni and corporates along with improving infrastructure, administration Message from and governance. We are constructing a new infrastructure in the existing campus and also coming up with a new IIMB Head - campus 25 kms from the existing campus. Development Towards meeting these objectives of growth, IIMB seeks to raise funds from alumni, corporates, foundations and its well- wishers who would like to leave their footprint for causes with long-term visibility and impact. Over the last few months my team and I have worked towards our mandate of raising funds and cementing the role of our newly established Office for Development at IIMB. With our unstinting efforts and in coordination with our alumni relations office, we worked towards focussed fundraising and we are very happy to mention that the contributions from alumni & corporates touched for the first time more than Rs 10 Crores as funds raised and pledged, for the FY 2018-19. As the inaugural year laid a strong foundation, I look forward to the coming years with much hope and aspiration in what we can achieve collectively. IIMB has been a beacon for excellence in management education across the decades and to sustain our current work and growth treading the path towards realising our vision, I request all of you to join us in this endeavour. I take this opportunity to express my heart felt gratitude to all the donors who have contributed towards the development of IIM Bangalore. As Head – Development, I look forward to working with you and with your gracious support I am confident of achieving much more in the years to come.