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IIM-A and Bank of America join to set up centre for digital transformation

August 30, 2021: The Indian Institute of Management Ahmedabad (IIMA), has partnered with Bank of America to  set up a Centre for Digital Transformation (CDT). 
“Over the last decade, the Indian government has empowered citizens to access social security, financial products, education and health services using digitization as the key enabler,” said Kaku Nakhate, India Country Head, Bank of America. “Bank of America is a key supporter of these initiatives, and this new Centre will only strengthen the responsible digital framework in India. I am delighted that this Centre will bring together leading academics and digital thought leaders from the United States and India to accelerate the digital revolution in India.”|
Outlining the Centre’s objective and activities, Professor Pankaj Setia, Founding Chair, Centre for Digital Transformation, IIMA said, “The Centre of Digital Transformation aims to engage in various activities that guide thought and action in the digital era. Specifically, the Centre will focus on activities that enhance an understanding of the digital ecosystem and catalyse leadership, as it leverages its expertise in research and development to provide thought leadership for digital transformation.”
 The activities of the Centre include:
 -Convening leaders from academia, government, and the private sector to address the pressing moral, legal, and ethical questions surrounding the future application of technology and data.
-Conducting and catalysing cutting-edge research by disseminating white-papers, and research reports.
-Establishing debates/workshops/seminars regularly on the key issues digitization is raising for the economy of India.
-Conduct training programmes, focusing on the impact of digital transformation and innovation.
The Centre for Digital Transformation is the ninth research centre to be set up at IIMA. The Institute has taken up the challenge of professionalizing management in several other priority sectors by setting up a number of sector or mission oriented thrust groups termed ‘Centres' to apply management science to other sectors of the economy. https://www.iima.ac.in/
For more details about this partnership read our report here