What did the old one look like?
I like it very much. It very simple and effective.
I would however change the dot on the I from a square to a circle and remove the yellow circle, leaving the yellow line of course.
Correct me if im wrong but I got the idea that you wanted the I to potray a human being, if so I would make the dot on the I a circle telling the viewer right away that its a person then the yellow tie would solidify that in their mind.
I think the fact that the dot in the I is square draws away from the fact that you want the viewer to see a human. And that there will be too much thinking involved on the viewers part to come to the conclusin that it does represents a human. The yellow circle isn't really needed.
But thats just MHO and that assuming that my assumptions as to what you are trying to potray is correct. :)
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