CHENNAI: The ‘Institute Chair’ at the Department of Management Studies at IIT Madras was launched recently by Professor Sridhar Tayur, an IIT Madras alumnus.
Tayur is the Ford Distinguished Research Chair and Professor of Operations Management at Carnegie Mellon University’s Tepper School of Business. The Chair is endowed with an amount of `50 lakh, and is set-up in the name of ‘RAGS Family Foundation’ that has also made other philanthropic gifts in higher education, entrepreneurship, independent films, microfinance, children’s health, development and safety. Professor R Nagarajan, Dean of International & Alumni Relations at IIT Madras, welcomed the setting up of the Chair and said, “This is another sign of the continuing support that IIT Madras enjoys from our alumni. They contribute time, talent and treasure, and we value them all equally”.
The board of governors has also created ‘Institute Chair Professorships’ to be occupied by Professors who have distinguished themselves.