Ashok Misra has quit as director of Indian Institute Technology-Bombay (IIT-B). His resignation has been accepted, he announced at the culmination of the IIT-B's Golden Jubilee Conference in New York on Sunday.
Misra, who has served IIT-B as director since 2000, is joining Intellectual Ventures, a private company based at Bellevue in the US state of Washington. Founded in 2000, the company invests in inventions and aims to develop a patents portfolio.
Misra earned his B Tech in Chemical Engineering from IIT Kanpur in 1968 and a PhD in 1974 in Polymer Science & Engineering from the University of Massachusetts.
Before joining IIT-B, he was in IIT Delhi, where he was the head of the Centre for Polymer Science Engineering 1991-94, and as Dean, Alumni Affairs & International Programmes, 1997-2000.
Misra's research and development contributions have earned him several awards and honours. These include the fellowship of the National Academy of Sciences and fellowship of the Indian National Academy of Engineering.
Besides publishing 70 papers in international journals, he has been awarded six patents.
During his tenure as director, IIT-B has been transformed into a leading R&D institute while maintaining its reputation as a leader in quality engineering education in India.
IIT-B's event in New York was attended by over 1,000 people and addressed by Indian Ambassador to US Ronen Sen and many luminaries from science and technology as well as business.