The Reliance Foundation pitched the name of eminent scientist Raghunath A Mashelkar for the post of Chancellor of Jio Institute. And name of Dipak C Jain, former director of Sasin Graduate Institute of Business Administration in Bangkok has been proposed for the post of the Vice-Chancellor of the Institute, according to the reports. Both Mashelkar (L) and Jain (R) are board members at Reliance Industries.
R A Mashelkar currently heads the National Innovation Foundation under the Department of Science and Technology, Government of India. He was reappointed as National Research Professor by the NDA government in 2016. By profession, he is a chemical engineer. He served as Director-General of the Council of Scientific and Industrial Research (CSIR) from 1995 to 2006. He was appointed as a member of the Prime Minister’s Scientific Advisory Council from 1988 to 1990 and again from 2004 to 2014. He retired as the chief of CSIR in 2006. In 2007, he joined Reliance Industries as an independent member of the board. Since then he has been with RIL.
Dipak C. Jain was the Director (Dean) of Sasin in Bangkok, Thailand from 2014 to 2017. He served as Dean of INSEAD, one of the world’s most prestigious business schools, from May 2011 to March 2013. He was Dean of North-western University’s Kellogg School of Management from 2001-2009. He is a marketing expert and has done extensive marketing research. He has been consultant to Microsoft, Sony, Nissan, Hyatt International and many more. He is a member of the board of directors of Deere & Company and Northern Trust Corporation. He is also a former director at United Airlines and others. He serves as an Independent Director on the Board of Reliance Industries Limited
According to the reports, the Board of Management will be headed by the Vice-Chancellor. The other members of the board are the Provost, Dean Research, Executive Vice President and nominees of the Governing Council (GC) and Reliance Foundation; Nita Ambani and Mukesh Ambani, founder and chairperson of Reliance Foundation will be the first members of the council as nominees of the sponsoring organisation.
The Jio Institute is yet-to-be established. Mashelkar and Jain will provide leadership in setting up the institution for the next three years as told by Mukesh Ambani, the chairman of Reliance Industries and head of Reliance Foundation team, during his presentation to the Empowered Expert Committee (EEC) made by MHRD. The Jio institute has been granted ‘Institute of Eminence’ status by MHRD; one of the only six institutes to be granted the status. And it is the only institute to be selected for IoE status under Greenfield category. The IoE status grants the institute full autonomy.
The proposed Jio Institute is to be set up on campus of 800 acres in Karjat near Navi Mumbai, Maharashtra. It will take three years for the institute to be operational. The Institute is to have 10 schools which will offer over 50 disciplines in engineering, medical sciences, sciences, humanities, urban planning, sports, law and performing arts. The Reliance foundation has committed Rs 9,500 funding for the institute. The foundation will hire faculties from top 500 global universities, set up inter-disciplinary research centres and have a residential university city for its teachers.
With the Jio Institute, The Reliance Foundation aims to provide world class higher education in India. The foundation claims the Jio Institute will be one among the top 500 global universities within 10 years.