Pankaj Chandra, Director of the Indian Institute of Management, Bangalore (IIMB), has stepped down from his post, with his extended term coming to an end on Tuesday.

A communiqué from the institute said that Devanath Tirupati, Dean, Academics, will take charge till further order from the chairman and Board of Governors of IIMB. Prof. Tirupati has a B.Tech from the Indian Institute of Technology, Madras, a Post-Graduate Diploma in Management from IIM, Calcutta, and a Ph.D from MIT Sloan School of Management.

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