I'm somewhat confused; is the PI your supervisor if you're a PhD student or a PI is a completely different person than the supervisor? - probably a noob question; sorry!
I've my own supervisor at the moment, and today, I saw this particular signature, signing off a grant for my main project. Under their name has the title the head of research, which is different than my supervisor's signature,
PI = Principal Investigator for the grant .. i.e who got the money in for the particular project. I would imagine your supervisor was a Co-I on the project proposal perhaps?
In a sense, it is true. Jocelyn Bell, discovered the radio source which was ultimately recognised as the first pulsar. However, her supervisor, Antony Hewish, received the Nobel Prize.
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