"Being appointed the Chancellor of NU is like a challenge for me. This is an international level university and the presence of quality teachers, teaching staff and students are important for it," Yeo said.
Yeo said Bihar was the land of Lord Buddha, Ashoka the Great and Chandragupta and NU would strive to maintain its message of "peace, co-existence and help."
The NU Chancellor praised Kumar for his decision to establish the University and to revive the ancient glory of Nalanda as the centre of education in the world.
Meanwhile, Kumar expressed happiness over Yeo's appointment and said it would ensure continuity in the development of the University.
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"Yeo has been associated with NU since it was conceptualised by the Bihar government. He will take charge from outgoing Chancellor Amartya Sen this month. He is in the know of progress made till now and it will help ensure continuity in the development of the university," Kumar said.
"We will continue our support to NU. We have already provided land for its campus and infrastructure for its current functioning. We want the Centre, specially the Ministry of External Affairs (MEA) to fully cooperate in its progress," Kumar added.
NU vice-chancellor Gopa Sabharwal, Bihar Chief Secretary Anjani Kumar Singh, Principal Secretary of Education Department R K Mahajan and other officials were present at the meeting.