The Indian Institute of Management Indore (IIM Indore) Board of Governors (BoG) has announced the reappointment of Prof. Himanshu Rai as the Director of the institute, expanding his term for another five years. "We are delighted to reveal the continuation of Prof. Himanshu Rai's remarkable journey with IIM Indore. His visionary examination and unwavering commitment served an important part in increasing the institute's stature, and we are eager to witness higher levels of success under his leadership," declared MM Murugappan, Chairman of IIM Indore's Board of Governors.

Prof. Himanshu Rai emphasized his vision to take IIM Indore to new horizons through innovative initiatives and transformative endeavors. "I envision an IIM Indore that continues to be a trailblazer in academia, nurturing not only exceptional leaders but also responsible global citizens," he said. Under Prof. Rai, IIM Indore has achieved international accreditations, including the re-accreditation of AMBA, and getting the AACSB accreditation in 2019, and the re-accreditation from EQUIS in 2023.

Introducing ANVESHAN, the Centre of Excellence, Prof. Rai focused on training political leaders for urban sanitation and waste management alongside impactful programs in public policy and change management. Under his guidance, IIM Indore has forged strategic global collaborations, introduced 187 Executive Education Programs empowers, and contributed to 110 research projects in 2022-23.