As industry representatives with an emotional connection to the prestigious business schools, the alumni are expected to guide the decisions of the boards. Harsha Bhogle, who is an IIM Ahmedabad graduate, has been nominated to the board of IIM, Udaipur. Anita Bhogle, who also studied in the same institute, is now a member of the board of governors of IIM Jammu. Cricket commentator Harsha Bhogle, speaker and author Anita Bhogle, beauty products maker Nykaa’s founder and former investment banker Falguni Nayar, and ReNew Power Limited chief Sumant Sinha are among the graduates of the prestigious Indian Institutes of Management (IIMs) who have now been snapped up by various IIMs for board positions — in keeping with the new IIM Act passed last year that mandated alumni from the IIMs on the boards. “There is a requirement that up to five alumni should be on the board of every IIM. Several IIM graduates who are now big names in different fields are part of these boards,” said a gover...