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Education
Ramanathan Kannan to take over as IFMR Director
Our Bureau
Chennai
,
June 9
MR Ramanathan Kannan will take over as Director of the Chennai-based Institute for Financial Management & Research (IFMR) from July 1. He will take over from Prof S. Ramachander who will be retiring on June 30, on completing his six-year term.
Mr Kannan's appointment was finalised at a meeting of the Board of Governors of the institute held on Tuesday, said a statement from Dr Nachiket Mor, Executive Director, ICICI Bank, and Member, Board of Governors, IFMR. IFMR is an institution sponsored by ICICI Bank and the House of Kotharis and was established in 1970.
Mr Kannan holds a Master's degree in Chemical Engineering from IIT Mumbai and is also a qualified Chartered Financial Analyst (CFA). Prior to joining IFMR, he was the General Manager of ICICI Bank during the period 1997-2003, looking after various groups dealing with structured products, oil and gas and infrastructure financing and technology departments.
He has more than 30 years of experience in industry and has served as director on the boards of a number of major corporations.
Besides contributing a number of articles to various newspapers and journals, Mr Kannan has also taught at institutions such as NIBM, IIT and Bankers' Training College.
He told Business Line that while IFMR would continue to offer its general management courses, the emphasis would be on financial management.
He said that the institute would leverage its association with ICICI Bank to develop its core competence in finance.
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