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Press Release Hyderabad, March 4, 2004: The Indian School of Business expresses its deepest shock and profound sadness at the untimely demise of Professor Sumantra Ghoshal on March 3, 2004. Professor Ghoshal died in London on Wednesday morning, 10 days after suffering a stroke. Professor Ghoshal shared a special bond with the ISB, having been closely involved in the setting up of the School. The ISB remembers him as an exceptional individual, with boundless energy and passion for transforming the world of business and corporations, believing that ultimately, business is a force for good. Said Ajit Rangnekar, Deputy Dean, ISB, "Sumantra was a much loved and respected member of the ISB Community his loss will be felt for a long time to come. The ISB was always close to his heart, and he continued to be actively involved with the School. The Sumantra Ghoshal Award for Excellence in Strategy and Leadership & Change Management he instituted last year will immortalise his memory at the ISB. We will miss in him a leader and a friend." Recollecting Professor Ghoshal's longstanding association with the ISB, Dr. Pramath Sinha, Founding Dean, ISB, and Principal, McKinsey & Company, said, "The DNA of the ISB has been shaped by Sumantra s thinking. He wanted the ISB to be distinctive, to be an outstanding institution that would stand out for the values it embodied. The ISB would not be what it is today had it not been for him." "On behalf of the ISB Community", he said, "We at the ISB, have not only lost one of our Founding Fathers, but have also lost a great champion of the School. I personally feel the irreplaceable loss of a good friend." Contributed by - |
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