IIM Ahmedabad distinguished alumni

Ever wondered what’s common between Mr. Raghuram Rajan – former RBI Governor, Mr. Deep Kalra – Founder & CEO MAkemytrip.com, Mr. Harsha Bhogle – Indian commentator and anchor and Mr. Chetan Bhagat – Indian Novelist? Different faces, different fields, different achievements but one common Alma Mater – IIM Ahmedabad! In this article, we will discuss the Notable, Distinguished, Famous and Illustrious alumni from IIM Ahmedabad.

IIM A Notable Alumni

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IIM Ahmedabad is the most coveted Business School in India. It boasts of a rich history of luminous faculties and alumni of industry stalwarts. IIMA has churned out the maximum number of CEOs, apart from many promising business leaders, human rights activists, journalists, commentators, and academicians.

Let us take a sneak peek into some of the well distinguished IIM Ahmedabad alumni who have been proving their mettle in their field of interest.

Notable Alumni from IIM Ahmedabad

Raghuram Rajan IIM Ahmedabad Notable Alumni
Raghuram Rajan

Mr. Raghuram Rajan, Indian economist & Academician

IIM Ahmedabad, PGP Batch 1987

Mr. Raghuram Rajan notable and famous alumni from IIM Ahmedabad is the Katherine Dusak Miller Distinguished Service Professor of Finance at the Chicago Booth University. Previously, he served as the 23rd Governor of the Reserve Bank of India. He was also the Chief Economist and Director of Research at the International Monetary Fund during the period 2003 – 2006.

Mr. Rajan is particularly interested in subjects of banking, finance and economic development. He has written several books some which are – “The Third Pillar: How the State and Markets are leaving Communities Behind forthcoming” (2019), “I do What I do: On Reform, Rhetoric, and Resolve” (2017), and “Fault Lines: How Hidden Fractures Still Threaten the World Economy”. He also received the Financial Times-Goldman Sachs prize in 2010 for the best business book.

He has served as the President of the American Finance Association in 2011 and is an active member of the American Academy of Arts and Sciences. He has been awarded several accolades like the Emory Williams MBA Teaching Award (2018), the Infosys Prize for Financial Economics (2012), Euromoney Central Banker Governor of the Year (2014) and Central Bank Governor of the Year (2016) among others. He also received a gold medal for academic excellence at IIM Ahmedabad in 1987.

Ajaypal Singh Banga IIM Ahmedabad Notable Alumni
Ajaypal Singh Banga

Mr. Ajaypal Singh Banga, CEO, and President – Mastercard

IIM Ahmedabad, PGP Batch 1981

Mr. Ajaypal Singh Banga notable and famous alumni from IIM Ahmedabad is an Indian-American business executive. He has been appointed as the President and Chief Executive Officer (CEO) at MasterCard. He is also heading responsibilities at several other organizations. He is a member of The Economic Club of New York, US India CEO Forum, Peter G. Peterson Institute for International Economics, Weill Cornell Medical College and International Business Council at World Economic Forum and the co-chairman of American India Foundation.

Mr. Banga started his corporate journey with Nestlé in 1981. After having worked for 13 years with the company, he later joined PepsiCo, followed by the Citigroup. He then joined MasterCard where he was appointed as the President in 2010.

In February 2015, then US President Barack Obama formally accepted him as a member of the President’s Advisory Committee for Trade Policy and Negotiations. He also worked on Enhancing National Cybersecurity under the same. In recognition of his illustrious career, Mr. Banga has received several accolades, including the Indian civilian honor Padma Shri, which the Government of India conferred on him in 2016.

Harsha Bhogle IIM Ahmedabad Notable Alumni
Harsha Bhogle

Mr. Harsha Bhogle, Indian cricket commentator and journalist

IIM Ahmedabad, PGP Batch 1985

Harsha Bhogle, widely acknowledged to be not just the voice but the face of Indian cricket is an IIM Ahmedabad alumnus. He is internationally recognized for entering into the field of commentatorship at a time when the Indian broadcasters were not considered good enough. But he proved his mettle and changed the game completely, especially in Australia where in 1992 he was rated as the possessor of the “sexiest voice on the radio” and in 1999 when a poll on an independent web site rated him the number one commentator for the season.

Besides his voice, he has always brought a fresh perspective in the game of cricket and has been widely accepted by people across cultures. He also has a unique educational background. After pursuing chemical engineering, he went for a management program from IIM-Ahmedabad, India’s premier business school, and landed up in his dream profession as a commentator and journalist.

Deep Kalra IIM Ahmedabad Notable Alumni
Deep Kalra

Mr. Deep Kalra, Founder, and Group CEO – MakeMyTrip.com

IIM Ahmedabad, PGP Batch 1992

Mr. Deep Kalra, notable and famous alumni from IIM Ahmedabad, is the Founder of Makemytrip.com Inc. and serves as its Chief Executive Officer. Prior, he was also the President and Director of the IndUS Entrepreneurs’ New Delhi – NCR Chapter.

Mr. Kalra has over 26 years of work experience in e-commerce, sales, marketing, corporate banking, financial analysis, and senior management roles. Before founding MakeMyTrip in April 2000, he worked with GE Capital India, a subsidiary of the General Electric Company, where he was Vice President of Business Development. Before that, he also worked with AMF Bowling Inc. and ABN AMRO Bank NV. He is a Co-Founder of Ashoka University, a liberal arts college in Sonepat, near New Delhi and serves on their Board and Governing Council. He also serves as an Independent Director at One97 Communications Limited since January 15, 2010

Chetan Bhagat IIM Ahmedabad Notable Alumni
Chetan Bhagat

Mr. Chetan Bhagat, Indian Novelist

IIM Ahmedabad, PGP Batch 1997

IIM Ahmedabad not just boasts of academicians and corporate leaders but also The New York Times “the biggest selling English language novelist in India’s history.”

Mr. Chetan Bhagat, the well renowned Indian novelist, columnist, television personality and screenwriter is an IIM A Alumnus. He is mainly known for Indian-English novels about young urban middle-class Indians. Mr. Bhagat also writes columns on youth, career development and current affairs. He is the author of bestselling novels – Five Point Someone, One Night @ the Call Center, The 3 Mistakes of My Life among others. His screenwriting has included dramedies like Kai Po Che!, 2 States, Kick and Half Girlfriend. He has also been presented with the 59th Filmfare Award for Best Screenplay for his work on Kai Po Che! He has also been recognized as one of the 100 Most Influential People in the World in 2010 by the Time magazine.

Sanjeev Bikhchandani IIM Ahmedabad Notable Alumni
Sanjeev Bikhchandani

Mr. Sanjeev Bikhchandani, Founder and Executive Vice Chairman – Info Edge

IIM Ahmedabad, PGP Batch 1989

IIM Ahmedabad has a rich history of producing top entrepreneurs in the country. Mr. Sanjeev Bikhchandani has been an entrepreneur since 1990. He is the founder of Info Edge which runs various portals like Naukri.com, Jeevansathi.com, 99acres.com, Shiksha.com among others.

Mr. Sanjeev has won the “Ernst and Young – Entrepreneur of the Year” award 2008 for Business Transformation. He also won the Dataquest Pathbreaker Award & the Teacher’s Achievement Award for Business in 2008. Besides an affluent speaker at various business schools and conferences, he is the Board Member of The Indus Entrepreneurs in Delhi and also a member of the Global Board of Trustees of The Indus Entrepreneurs.

Kundapur Vaman Kamath IIM Ahmedabad Notable Alumni
Kundapur Vaman Kamath

Mr. Kundapur Vaman Kamath, President – New Development Bank

IIM Ahmedabad, PGP Batch 1971

Mr. Kundapur Vaman Kamath, notable and famous alumni from IIM Ahmedabad, commonly referred to as K. V. Kamath, is the chief of the New Development Bank of BRICS countries. Prior he has been heading various companies. He has served as the Chairman of Infosys Limited and also as the Non-Executive Chairman of ICICI Bank. Kamath also served as the Managing Director and CEO of ICICI Bank.

Mr. Kamath has also been serving as an independent director at Schlumberger, a Houston-based oil services company and Lupin, an Indian pharmaceutical manufacturer. He is the Governing Boards of several educational institutions, including the Indian Institute of Management Ahmedabad, Indian School of Business and many others. He is the Chairman of Governing Board at Indian Institute of Management Indore. He is also a member of the National Council of Confederation of Indian Industry (CII).

Arvind Subramanian IIM Ahmedabad Notable Alumni
Arvind Subramanian

Mr. Arvind Subramanian, Indian Economist

IIM Ahmedabad, PGP Batch 1981

Mr. Arvind Subramanian notable and distinguished alumni from IIM Ahmedabad, an Indian economist, is the former Chief Economic Adviser to the Government of India. He has been named as one of the world’s top 100 global thinkers by the Foreign Policy in 2011. He has also been recognized as India’s top 35 “Masters of the Mind” by India Today magazine.

Having a definite flair for research, he has written on several topics like trade, institutions, aid, growth and the World Trade Organization. His articles have been published in various academic journals like Journal of International Economics, Review of Economics and Statistics and others. According to the widely used RePEc rankings, he ranks among the top 2 world’s economists in terms of citations in academic research.

He has also published or been cited in leading magazines and newspapers, including the Economist, Financial Times, Washington Post, New York Times, Wall Street Journal, Newsweek, and New York Review of Books. He advises the Indian government in different capacities, including as a member of the Finance Minister’s Expert Group on the G-20.

Shikha Sharma IIM Ahmedabad Notable Alumni
Shikha Sharma

Mrs. Shikha Sharma, Former CEO – Axis Bank

IIM Ahmedabad, PGP Batch 1980

Mrs. Shikha Sharma, one of the most prominent faces of the Indian Banking Industry is an IIM Ahmedabad student. She was the managing director and CEO of Axis Bank, the third largest private sector bank in India, from 2009 to 2018. Mrs. Sharma began her career with ICICI Bank in 1980 and was instrumental in setting up ICICI Securities – a JV between ICICI and J.P. Morgan. As the Managing Director & CEO, Mrs. Sharma made ICICI Prudential Life Insurance Company the number 1 private sector Life Insurance Company in India.

Mrs. Shikha Sharma has been awarded various accolades for her leadership. She was awarded ‘Banker of the Year’ for 2014-15 by Business Standard, ‘India’s Best Woman CEO’ by Business Today- 2013, ‘Woman Leader of the year’ at Bloomberg – UTV Financial Leadership Awards – 2012. She was also listed under Forbes List of Asia’s 50 Power Business Women in 2012.

Salil Shetty IIM Ahmedabad Notable Alumni
Salil Shetty

Mr. Salil Shetty, Indian Human Rights’Activist

IIM Ahmedabad, PGP Batch 1983

A human rights’ activist from IIM Ahmedabad, Mr. Salil Shetty also served as the Secretary General of the human rights organization – Amnesty International from 2010 to 2018. He was also the Director of the United Nations Millennium Campaign.

In recognition of his long-term commitment to Human Rights and his deep understanding of the complexities of human rights issues, Mr. Shetty was appointed as a Senior Fellow at the Harvard Kennedy School’s Carr Center for Human Rights for the academic year 2018-19. Mr. Shetty is also affiliated to Harvard University’s Lakshmi Mittal and Family South Asia Institute for the academic year 2018-2019.

In 2014, Mr. Salil Shetty was given the ‘Public Servant of the Year’ award by the prestigious Asian Awards in London. He was also awarded the Stardust Achievers Award for Excellence in Humanitarian Service in June 2018.

Indian Institute of Management Ahmedabad has a long list of illustrious and notable alumni. Here are few more illustrious, distinguished and notable alumni from IIM Ahmedabad.

Piyush Gupta IIM Ahmedabad Notable Alumni

Piyush Gupta

Chief Executive Officer of DBS Bank

Mallika Sarabhai IIM Ahmedabad Notable Alumni

Mallika Sarabhai

activist & Indian classical dancer & actress

Sarathbabu Elumalai IIM Ahmedabad Notable Alumni

Sarathbabu Elumalai

Indian social worker

Rahul Roushan IIM Ahmedabad Notable Alumni

Rahul Roushan


M. S. Banga IIM Ahmedabad Notable Alumni

M. S. Banga

Indian businessman

Ashish Nanda IIM Ahmedabad Notable Alumni

Ashish Nanda

Former Director of Indian Institute of Management Ahmedabad

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