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ACOMMERCIALFEATURE What'sthis?

CiplanamesUmangVohraasMD&
GlobalCEO
Thecurrentincumbent,SubhanuSaxenawillstepdownfromhispositiononAugust31,2016.Thecompanyalso
announcedthatSaminaVaziralliwillbecomeexecutivevicechairman
BSB2BBureau|Mumbai
August12,2016LastUpdatedat16:30IST

1.1K 1.7K 4

CiplaLtdhasappointedUmangVohraasthemanagingdirector&global
chiefexecutiveofficerofthecompanyeffectiveSeptember1,2016.The
currentincumbent,SubhanuSaxenawillstepdownfromhispositionon
August31,2016toattendtoemergentfamilypriorities.Subhanujoined
CiplainFebruary2013asCEO.

UmangjoinedthecompanyinOctober2015astheglobalchieffinancial
Cipla'sUmangVohra &strategyofficerandwaselevatedastheglobalchiefoperatingofficer
earlythisyearaspartofaplannedprogression.

ALSOREAD ThecompanyalsoannouncedthatSaminaVaziralli,executivedirector
CiplaandRussia'sNacimbio andtheglobalheadstrategy,M&AandCiplaNewVentures,willbethe
joinhandsforHIVandhepatitis
executivevicechairmanofCiplaeffectiveSeptember1,2016.Shewill
Cdrugs
moveonfromhercurrentresponsibilitiestofocusonboardand
Ciplacompletesacquisitionof
InvaGenandExelaninUS governanceissues,inadditiontogrowingCiplasstrategicpriorities
Ciplaaimstomakebiosimilars throughkeyglobalpartnerships,corporatebrandbuildingandpublic
affordablewithnewSouth advocacy.
Africanplant

CiplatoldtodepositRs175 DrYKHamied,nonexecutivechairman,CiplaLtd,said,Havingbeen
croreindrugoverchargingcase
awareofhispersonalcircumstances,werespectSubhanusdecisionto
UmangBeditojoinFacebookas
IndiaMD leaveCipla.Wethankhimforhisstewardshipoverthelastthreeyears
andalsoforhisavailabilitytohissuccessoroverthenextfewmonths
foranytransitionsupport.Wearedelightedtoseetwoyoungleaders
UmangandSaminatakeonhigherresponsibilitieswithinCipla.Bothhaveearnedtheirnewpositionsbythedint
oftheleadershipandimpacttheyhavealreadymade.Saminaselevationalsoreinforcesthelongterm

commitmentofthepromoterfamilytoCipla.

READMOREON PHARMACEUTICAL CIPLA UMANGVOHRA SUBHANUSAXENA

SAMINAVAZIRALLI B2BCONNECT NEWSONPHARMAINDUSTRY

PREVIOUSSTORY NEXTSTORY

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growthinrevenue energyforcaptiveuse

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