<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Indian Institute of Management, Ahmedabad (IIM-A) director Ashish Nanda on Thursday stepped down from his position, one year ahead of his tenure. Nanda, who was the first professor from a foreign school to head an IIM, cited personal reasons for his resignation. While the real reason is not known, his resignation has some as a surprise in the academic circle. It is so far unclear whether he resigned because of any differences with the HRD ministry.He is a former professor from Harvard Law School. He was appointed for a period of five years, and when he relinquishes office on September 1, 2017, he will be complete four years of his tenure.In his resignation letter and a subsequent mail to the IIM-A fraternity, Nanda said he enjoyed his association with IIM Ahmedabad but he needs to give more time to his family.“Professionally I have enjoyed the experience immensely and learned a lot. However personally, living long distance from my wife and son has been a challenge. When I joined, I had committed to serving at most one term. On September 1, it will be four years to the day since I took charge…I will hand over responsibilities of director at the end of that day,”IIM-A chairman Kumar Mangalam Birla has accepted his resignation.

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IIM-A Director Ashish Nanda resigns