lucknow the post of fulltime director of the indian institute of management lucknow lying vacant for past 19 months was filled as ajit prasad from sp jain institute of management and research mumbai joined on monday he replaced the interim director bharat bhasker alumnus of st stephens college delhi university the delhi school of economics international management institute and london school of economics prasad has rich experience in public sector industry and academia prasads past industry experience relates to organisations including the state bank of india planning commission steel authority of india and the unescap at bangkok his past academic experience relates to teaching at delhi university and management development institute gurgaon he has been a visiting faculty at many iims sp jain iift mica and other leading business schools he is on the academic governing board of milano polytechnic milan italy in 2010 he was appointed independent director on the board of power finance corporation