Dipak Jain, the dean of the French business school INSEAD and former longtime leader at Northwestern University’s Kellogg School of Management, is stepping down as dean following a period of ill health.
Jain will resign on March 1 while continuing in his role as a marketing professor at the school, according to the Financial Times. The INSEAD board on Jan. 21 appointed two deputy deans, Ilian Mihov and Peter Zemsky, to replace Jain on an interim basis, the newspaper reported.
Jain could not be reached for comment, and efforts to reach a spokesman at the school were unsuccessful. According to the Wall Street Journal, Jain was placed on leave in May of last year to undergo medical tests after complaining of exhaustion. He follows a strict vegetarian diet and had no previous health issues, the Journal reported.
After eight years at the helm of Kellogg, where he was a popular figure among students and faculty, Jain took over as INSEAD’s dean in 2011. He has served as an adviser to the prime minister of Thailand, as a director at Deere (DE), Northern Trust (NTRS), and other companies, and as a consultant to Microsoft (MSFT), Novartis (NVS), American Express (AXP), as well as others.
During his tenure at Kellogg, the school ceded its No. 1 spot in the Bloomberg Businessweek ranking of full-time MBA programs to Chicago’s Booth School of Business and has not regained it. In 2012, INSEAD lost its No. 1 ranking to London Business School.