Appointment of directors and borad members of the IIMs will be done through an independent collegium from now on, a move that will make the process broad-based, the government said today.
A decision to this effect was taken at a meeting of IIM directors with HRD Minister Kapil Sibal in which they discussed about the vision and autonomy of these prestigious B-schools.
"The collegium will suggest names for appointment of the board members and the directors. The composition of the collegium will be restricted to 13 members," Sibal told reporters after the meeting.
Asserting that there will not be any interference into the autonomy of the IIMs, Sibal said that the directors of the seven IIMs have been asked to prepare a vision document for their respective institutes for next five years.
"The IIM directors will submit their vision document on expansion plans keeping in mind quality and inclusiveness. They will submit their vision document by January next year," he said.
At present, the IIM board members are appointed by the government on the recommendation of the boards. The directors are also appointed in a similar fashion.