President of Allahabad University, Ramnath Kovind, appointed Ashish Chauhan, as chancellor of the university for a five-year term on Wednesday.
Chauhan is an alumnus of IIM Calcutta and IIT Bombay. He has worked with Reliance Industries and is currently the CEO of BSE.
In light of his new appointment, Chauhan stated, "Thank you ... for my appointment as the Chancellor of University of Allahabad, a nationally important education institution, one of the four oldest universities in India set up in 1887. Truly honoured and humbled by your gesture!"