Dr Devi Prasad Shetty, Chairman and Senior Consultant Cardiac Surgeon, Narayana Group of Hospitals, Bengaluru, has been appointed as the Chairperson of the Board of Governors, IIM Bangalore.

The decision was taken by the Board of Governors of IIM Bangalore, at its 167th meeting held on October 9. Dr Shetty assumes office today.

The term of office of the Chairperson of the board is four years.

“It is a matter of immense happiness that one of the most well-known and respected persons in the field of medicine and in the business of hospital management, Dr Devi Prasad Shetty, is IIMB’s Chairperson,” said Professor G. Raghuram, Director, IIM Bangalore.

Dr Shetty has been the chief guest at the Foundation Day lecture (2008) and the Convocation Day (2015) at IIM Bangalore, and nurtures an abiding interest in the institution.

Sharing his thoughts about how he is looking forward to contribute towards taking IIMB to greater success, Dr Shetty said, “It is a great privilege and an honour to serve as Chairperson of the Board of Indian Institute of Management, Bangalore. Over the years, IIM-B has grown to become India’s leading management institute that attracts the best and brightest students from across the country. The alumni of this institution are sought after by leading companies from across the world, including my own.”

Dr Shetty founded Narayana Hrudayalaya (NH), a hospital group with pan-India presence. NH manages 32 hospitals and performs approximately 12 per cent of the total heart surgeries in India.