"Rajendra Srivastava has been chosen as the new dean in place of outgoing dean Ajit Rangnekar, who has been serving in his position since 2009," the B-school said in an official statement.
Srivastava will take over from Ajit Rangnekar as the fifth dean of the B-school in January 2016.
The Indian School of Business has two campuses in Hyderabad and Mohali, and is seen as equal to state-run Indian Institutes of Management (IIMs), despite being a private management school.