Arundhati Bhattacharya appointed chairperson of IIM Sambalpur

SBI chief Arundhati Bhattacharya has been appointed as the chairperson of the Society and Board of Governors of IIM Sambalpur, according to an official release.
Bhattacharya has been named the chairperson of Indian Institute of Management (IIM), Sambalpur for the next five years starting January 15.
She is the first woman to lead an India-based Fortune-500 company and joined the SBI in 1977 as a probationary officer and held several positions during her long career at the largest bank of the country.
Mentored by IIM Indore, IIM Sambalpur is among the six new IIMs which got approval of the government in the 2014-15 budget, the release said.

Other new IIMs are IIM Vishakhapatanam (Andhra Pradesh), IIM Bodh Gaya (Bihar), IIM Sirmaur (Himachal Pradesh), IIM Nagpur (Maharastra) and IIM Amritsar (Punjab).