Mohandas Pai resigns from Akshaya Patra Foundation

The resignation of Chairman of Manipal Global Education Mohandas Pai and three other trustees are believed to be related to an internal matter and disagreements between trustees, according to a source with The Akshaya Patra Foundation.

Bengaluru (Karnataka): Four independent trustees, including Chairman of Manipal Global Education Mohandas Pai, have resigned from The Akshaya Patra Foundation (TAPF).

The other independent trustees who resigned include former Infosys Chief Financial Officer V Balakrishnan, co-founder of ChrysCapital Raj Kondur and adviser to Manipal Education and Medical Group, Abhay Jain.

Two new members have been appointed to the board of trustees. KV Chowdary, who formerly served as the Chairman of the Central Board of Direct Taxes is now Chairman of the Audit Committee at TAPF. Kaushik Dutta, former partner of PWC, is now a member of the Audit Committee.

A source with TAPF told that the resignations were related to an internal matter, which led to disagreements between trustees.

When contacted, Mohan Das Pai said he would respond to the matter in the near future.

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