Audit Committee
Mr Ashok Sinha is an Independent Non-Executive Director of the Company. He has a B.Tech. degree in Electrical Engineering from the Indian Institute of Technology (IIT), Kanpur and Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Bangalore with specialisation in Finance. He has been conferred with the distinguished alumnus award from both IIT, Kanpur and IIM, Bangalore. He has also been conferred with the India Chief Financial Officer Award 2001 for Information and Knowledge Management by the Economic Intelligence Unit (EIU) India and American Express. He is also a recipient of award from TMG (Technology Media Group) for Customer Management. He has a wealth of experience, competencies and expertise from his leadership journey as the Chairman and Managing Director of Bharat Petroleum Corporation Ltd. (BPCL). He has spent 33 years in BPCL, where he served on the Board of BPCL for 15 years – first as Director (Finance) for 10 years from 1996 and then as its Chairman and Managing Director for 5 years from August 2005.
Mr P. R. Ramesh graduated in Commerce from Osmania University, Hyderabad and is a Fellow Member of the ICAI. He retired as the Director of Deloitte & Touche Assurance & Enterprise Risk Services India on 31st March 2020 and has also served as a member of Deloitte Global Board and Deloitte Asia Pacific Board. Ramesh has over 40 years of professional experience across manufacturing, banking and financial services, technology, media, telecommunications, energy and resources and consumer business sectors. He has been associated with various Regulatory bodies such as SEBI Committee on Disclosures and Accounting Standards; Committee for Reforming the Regulatory Environment for doing Business in India; Technical Committee to review the form and presentation of the Balance Sheet of the RBI; IRDA Standing Committee on Accounting Issues and Invitee to the Committee set up by the RBI to assist in convergence to IFRS by banks and National Advisory Committee on Accounting Standards. He has been associated with various Industry Bodies such as CII representing on its National Council, Committee on Financial Reporting and its CFO Forum; National Executive Committee of FICCI and Past President of the of the Bombay Chamber of Commerce & Industry. He has also been member of Accounting Standards Board of ICAI, Vision and Restructuring Committee and Auditing Practices Committee of ICAI and the Secretarial Standards Boards of the ICSI. He has co-authored publication by CCH titled iGAAP – Financial Reporting Standards in India including a comparison with IFRS and is a member of Board of Studies and the Faculty of Commerce of Osmania University.
Mr S. Radhakrishnan is a Non-Executive Director of the Company and is a qualified Chartered Accountant. He possesses rich experience in financial, commercial, legal and allied areas. He has been with Cipla for over 35 years and has played pivotal role in the overall journey and growth of the organisation. Mr S. Radhakrishnan retired from the position of Whole-time Director in November, 2017 and thereafter continues as the Non-Executive Director of the Company
Dr. Mandar is a medical doctor, and a management graduate from the Jamnalal Bajaj Institute of Management Studies, India.
Mandar spent 15 years at McKinsey (2002-2017), the last seven as partner where he co-led the healthcare practice in India and established the Hospitals practice for Asia. He served leading pharmaceutical companies across India and globally across several areas such as core strategy, manufacturing productivity improvement, R&D productivity, portfolio management, M&A and procurement programs.
From 2017 to 2019 Mandar worked part time advising several healthcare companies, providing leadership coaching and designing and teaching a course on problem solving at Ashoka University.
In Aug 2019, Mandar joined global travel-tech company OYO as CEO – SE Asia & Middle East, driving growth, doubling the number of hotels and homes, while transforming the regions contribution margin to a net positive territory. He led the business through the COVID crisis, improving EBIDTA loss to a negligible level while manging massive business disruptions.
Since March 2021 Mandar is the CEO - OYO Vacation Homes (OVH), Europe, a strategically important core market for the company. OVH is Europe's second largest vacation homes company. Mandar leads three acquired brands, DanCenter, Belvilla and Traum FW, each with a multi decade legacy. He has turbo charged their growth and profitability by migrating them into a tech forward environment while retaining the uniqueness of each businesses bult over the last several decades.
Mandar grew up in Mumbai, but now lives in Gurgaon with his wife and 3-year-old son. He enjoys spending time with his friends, watching movies, and trying out his hand at new pursuits, especially outdoors.
Dr. Balram Bhargava is a global public health leader. Mission driven, results oriented health professional with more than 35 years of experience in leading medical research, strengthening health systems, health care innovation, managing pandemic preparedness and health care delivery in resource poor settings. As a global leader he has been in the forefront of south-south cooperation, promoting equity in access to health care, democratisation of scientific research and promoting public-private cooperation to bring new technologies and affordable innovative products into the health systems.
He has led India’s Department of Health Research as its Secretary and Director-General of the Indian Council of Medical Research. He is also a Professor of Cardiology at the All-India Institute of Medical Sciences, New Delhi and serves as the Executive Director for Stanford India Biodesign Centre, School of International Biodesign (SiB). An extensively published scientist with more than 300 articles in peer reviewed journals and editor-in-chief of the British Medical Journal Innovations and of the Indian Journal of Medical Research.
His experience ranges from treating more than a quarter million patients, training and mentoring super specialised cardiologists to setting health care policies and standards and advising several Ministers of Health and Heads of Government. In recent years he has been at the forefront of managing several public health crises in India including covid-19 and brought Indian research in shaping contemporary global practice through vaccine development and describing role of plasma therapy. He has also received numerous international and national awards for his contributions to health and development and has delivered more than 50 orations across the globe. He has international experience of more than 6 years in the USA, Europe and the Middle East.
Nomination and Remuneration Committee
Ms Punita Lal is an Independent Non-Executive Director of the Company. She is a B.A. (Hons.) Economics graduate from St. Stephen’s College, Delhi and an MBA from Indian Institute of Management, Kolkata. With over 25 years of experience in strategy, marketing and leadership in the corporate world across Asia, her experience spans multiple disciplines, geographies and cultures. As a senior business leader, she has many accolades to her credit, including being chosen as one of India’s top 20 Business Women by Business Today in 2006 and being awarded Corporate Woman of the Year in 2009 by the FICCI Women’s Organisation. She is currently practising as an independent Strategy and Marketing Consultant.
Mr Adil Zainulbhai is an Independent Non-Executive Director and Lead Independent Director of the Company. He is the Chairman of the Quality Council of India (QCI) and Board Advisor to US India strategic partnership forum. He is also on the Board of Reliance Industries Limited, Larsen & Toubro Limited, Chairman of Network18 Media & Investment Limited and TV18 Broadcast Limited. He is involved in many philanthropic causes and is on the Board of Piramal Foundation. Mr Zainulbhai has graduated in Mechanical Engineering from the Indian Institute of Technology. He also has an M.B.A. from Harvard Business School. He retired as Chairman of McKinsey, India after 34 years at McKinsey, and the last 10 in India. Prior to returning to India, he led the Washington office of McKinsey and founded the Minneapolis office. Mr Zainulbhai has co-edited the book, ‘Reimagining India’ which featured 60 authors including prominent businessmen, academics, economists, authors and journalists.
Robert Stewart is an Independent Non-Executive Director of the Company.
He has over 34 years of experience in the biopharmaceutical industry having worked with leading companies such as Roche, Abbott, Watson / Actavis / Allergan, Amneal and Theramex. Currently, Robert is the Chief Executive Officer at Theramex Ltd, a global specialty pharmaceutical company.
Robert has deep expertise in manufacturing operations, quality, supply chain and general management and a very strong exposure to commercial operations. He has served on the boards of several industry and non-profit organizations and served for nearly two years on the Amneal board of directors.
Robert has a B.S., Business Management from Fairleigh Dickinson University, New Jersey
Mr S. Radhakrishnan is a Non-Executive Director of the Company and is a qualified Chartered Accountant. He possesses rich experience in financial, commercial, legal and allied areas. He has been with Cipla for over 35 years and has played pivotal role in the overall journey and growth of the organisation. Mr S. Radhakrishnan retired from the position of Whole-time Director in November, 2017 and thereafter continues as the Non-Executive Director of the Company.
Corporate Social Responsibility Committee
Stakeholders Relationship Committee
Dr. Mandar is a medical doctor, and a management graduate from the Jamnalal Bajaj Institute of Management Studies, India.
Mandar spent 15 years at McKinsey (2002-2017), the last seven as partner where he co-led the healthcare practice in India and established the Hospitals practice for Asia. He served leading pharmaceutical companies across India and globally across several areas such as core strategy, manufacturing productivity improvement, R&D productivity, portfolio management, M&A and procurement programs.
From 2017 to 2019 Mandar worked part time advising several healthcare companies, providing leadership coaching and designing and teaching a course on problem solving at Ashoka University.
In Aug 2019, Mandar joined global travel-tech company OYO as CEO – SE Asia & Middle East, driving growth, doubling the number of hotels and homes, while transforming the regions contribution margin to a net positive territory. He led the business through the COVID crisis, improving EBIDTA loss to a negligible level while manging massive business disruptions.
Since March 2021 Mandar is the CEO - OYO Vacation Homes (OVH), Europe, a strategically important core market for the company. OVH is Europe's second largest vacation homes company. Mandar leads three acquired brands, DanCenter, Belvilla and Traum FW, each with a multi decade legacy. He has turbo charged their growth and profitability by migrating them into a tech forward environment while retaining the uniqueness of each businesses bult over the last several decades.
Mandar grew up in Mumbai, but now lives in Gurgaon with his wife and 3-year-old son. He enjoys spending time with his friends, watching movies, and trying out his hand at new pursuits, especially outdoors.
Mr Adil Zainulbhai is an Independent Non-Executive Director and Lead Independent Director of the Company. He is the Chairman of the Quality Council of India (QCI) and Board Advisor to US India strategic partnership forum. He is also on the Board of Reliance Industries Limited, Larsen & Toubro Limited, Chairman of Network18 Media & Investment Limited and TV18 Broadcast Limited. He is involved in many philanthropic causes and is on the Board of Piramal Foundation. Mr Zainulbhai has graduated in Mechanical Engineering from the Indian Institute of Technology. He also has an M.B.A. from Harvard Business School. He retired as Chairman of McKinsey, India after 34 years at McKinsey, and the last 10 in India. Prior to returning to India, he led the Washington office of McKinsey and founded the Minneapolis office. Mr Zainulbhai has co-edited the book, ‘Reimagining India’ which featured 60 authors including prominent businessmen, academics, economists, authors and journalists.
Mr S. Radhakrishnan is a Non-Executive Director of the Company and is a qualified Chartered Accountant. He possesses rich experience in financial, commercial, legal and allied areas. He has been with Cipla for over 35 years and has played pivotal role in the overall journey and growth of the organisation. Mr S. Radhakrishnan retired from the position of Whole-time Director in November, 2017 and thereafter continues as the Non-Executive Director of the Company
Investment And Risk Management Committee
Robert Stewart is an Independent Non-Executive Director of the Company.
He has over 34 years of experience in the biopharmaceutical industry having worked with leading companies such as Roche, Abbott, Watson / Actavis / Allergan, Amneal and Theramex. Currently, Robert is the Chief Executive Officer at Theramex Ltd, a global specialty pharmaceutical company.
Robert has deep expertise in manufacturing operations, quality, supply chain and general management and a very strong exposure to commercial operations. He has served on the boards of several industry and non-profit organizations and served for nearly two years on the Amneal board of directors.
Robert has a B.S., Business Management from Fairleigh Dickinson University, New Jersey.
Mr Ashok Sinha is an Independent Non-Executive Director of the Company. He has a B.Tech. degree in Electrical Engineering from the Indian Institute of Technology (IIT), Kanpur and Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Bangalore with specialisation in Finance. He has been conferred with the distinguished alumnus award from both IIT, Kanpur and IIM, Bangalore. He has also been conferred with the India Chief Financial Officer Award 2001 for Information and Knowledge Management by the Economic Intelligence Unit (EIU) India and American Express. He is also a recipient of award from TMG (Technology Media Group) for Customer Management. He has a wealth of experience, competencies and expertise from his leadership journey as the Chairman and Managing Director of Bharat Petroleum Corporation Ltd. (BPCL). He has spent 33 years in BPCL, where he served on the Board of BPCL for 15 years – first as Director (Finance) for 10 years from 1996 and then as its Chairman and Managing Director for 5 years from August 2005.
Ms Samina Hamied is the Executive Vice-Chairperson of the Company, and represents the third generation of Cipla’s founding family. Samina is a MSc in International Accounting and Finance from the London School of Economics and Political Science. An alumna of the London School of Economics, she has in the past worked in UK and the US with the leading global firm Goldman Sachs before joining the Cipla leadership team in 2011. Samina joined Cipla in the year 2011 as a member of management team. In the year 2013, she was designated as the “Head Strategic Projects – Cipla New Ventures”. She was appointed as an Executive Director of the Company w.e.f. 10th July, 2015 and subsequently she was elevated as the Executive Vice-Chairperson of the Company, w.e.f. 1st September, 2016. She has been instrumental in driving the Company’s current transformation agenda. Samina played a key role in successfully incubating and shaping Cipla Health Limited, spearheaded Cipla’s ambitious foray into the US market with strategic acquisitions. Samina has built a top-class leadership pipeline for the Company as it continues to spread its wings globally. As Executive Vice-Chairperson of Cipla, Samina focuses on board and governance issues, in addition to furthering Cipla’s strategic priorities through key global partnerships, corporate culture, hiring the right talent, and public advocacy. Recognised as the promoter face of Cipla, Samina has been feted for her diverse work experience and business knowledge. In 2017, she received the ‘Most Powerful Women in Business’ award from Business Today. In 2018, Forbes named Samina among the top 25 emergent women business leaders in Asia, and Fortune India named her among the most powerful women in business
Mr S. Radhakrishnan is a Non-Executive Director of the Company and is a qualified Chartered Accountant. He possesses rich experience in financial, commercial, legal and allied areas. He has been with Cipla for over 35 years and has played pivotal role in the overall journey and growth of the organisation. Mr S. Radhakrishnan retired from the position of Whole-time Director in November, 2017 and thereafter continues as the Non-Executive Director of the Company.
Mr Umang Vohra joined Cipla in 2015, and has been Managing Director and Global Chief Executive Officer of Cipla since September 2016. After gaining degrees in engineering, marketing and finance, Umang worked with Eicher Motors, PepsiCo and Dr Reddy’s. Through his previous roles in India and the US, he has built a distinguished career spanning almost two decades with deep understanding and experience in various aspects of the global pharmaceutical business. As Cipla’s MD & GCEO, Umang’s priorities have been Cipla’s strategic growth, defining and executing Cipla’s roadmap to maintain momentum in home markets whilst strengthening its presence in other regions, consolidating its core focus areas, augmenting capability, and building the right organisation. Recognised as an action-oriented industry leader, Umang is a firm believer in the power of agile business models, disruptive technologies, data-driven analytics and a future-ready workforce with a view to making a difference to the lives of patients.
Mr P. R. Ramesh graduated in Commerce from Osmania University, Hyderabad and is a Fellow Member of the ICAI. He retired as the Director of Deloitte & Touche Assurance & Enterprise Risk Services India on 31st March 2020 and has also served as a member of Deloitte Global Board and Deloitte Asia Pacific Board. Ramesh has over 40 years of professional experience across manufacturing, banking and financial services, technology, media, telecommunications, energy and resources and consumer business sectors. He has been associated with various Regulatory bodies such as SEBI Committee on Disclosures and Accounting Standards; Committee for Reforming the Regulatory Environment for doing Business in India; Technical Committee to review the form and presentation of the Balance Sheet of the RBI; IRDA Standing Committee on Accounting Issues and Invitee to the Committee set up by the RBI to assist in convergence to IFRS by banks and National Advisory Committee on Accounting Standards. He has been associated with various Industry Bodies such as CII representing on its National Council, Committee on Financial Reporting and its CFO Forum; National Executive Committee of FICCI and Past President of the of the Bombay Chamber of Commerce & Industry. He has also been member of Accounting Standards Board of ICAI, Vision and Restructuring Committee and Auditing Practices Committee of ICAI and the Secretarial Standards Boards of the ICSI. He has co-authored publication by CCH titled iGAAP – Financial Reporting Standards in India including a comparison with IFRS and is a member of Board of Studies and the Faculty of Commerce of Osmania University.
Operations And Administrative Committee
Mr Umang Vohra joined Cipla in 2015, and has been Managing Director and Global Chief Executive Officer of Cipla since September 2016. After gaining degrees in engineering, marketing and finance, Umang worked with Eicher Motors, PepsiCo and Dr Reddy’s. Through his previous roles in India and the US, he has built a distinguished career spanning almost two decades with deep understanding and experience in various aspects of the global pharmaceutical business. As Cipla’s MD & GCEO, Umang’s priorities have been Cipla’s strategic growth, defining and executing Cipla’s roadmap to maintain momentum in home markets whilst strengthening its presence in other regions, consolidating its core focus areas, augmenting capability, and building the right organisation. Recognised as an action-oriented industry leader, Umang is a firm believer in the power of agile business models, disruptive technologies, data-driven analytics and a future-ready workforce with a view to making a difference to the lives of patients.
Mr M. K. Hamied is Non-Executive Vice-Chairman of the Company and represents the second generation of Cipla’s founding family. He is a science graduate from Bombay University. He has vast and varied experience in all functions of the Company including production, technical areas, quality management and general administration. He retired as Executive Vice- Chairman of the Company on 31st March, 2014 and is continuing as a Non- Executive Vice-Chairman since 1st April, 2014.
Mr S. Radhakrishnan is a Non-Executive Director of the Company and is a qualified Chartered Accountant. He possesses rich experience in financial, commercial, legal and allied areas. He has been with Cipla for over 35 years and has played pivotal role in the overall journey and growth of the organisation. Mr S. Radhakrishnan retired from the position of Whole-time Director in November, 2017 and thereafter continues as the Non-Executive Director of the Company.
Ms Samina Hamied is the Executive Vice-Chairperson of the Company, and represents the third generation of Cipla’s founding family. Samina is a MSc in International Accounting and Finance from the London School of Economics and Political Science. An alumna of the London School of Economics, she has in the past worked in UK and the US with the leading global firm Goldman Sachs before joining the Cipla leadership team in 2011. Samina joined Cipla in the year 2011 as a member of management team. In the year 2013, she was designated as the “Head Strategic Projects – Cipla New Ventures”. She was appointed as an Executive Director of the Company w.e.f. 10th July, 2015 and subsequently she was elevated as the Executive Vice-Chairperson of the Company, w.e.f. 1st September, 2016. She has been instrumental in driving the Company’s current transformation agenda. Samina played a key role in successfully incubating and shaping Cipla Health Limited, spearheaded Cipla’s ambitious foray into the US market with strategic acquisitions. Samina has built a top-class leadership pipeline for the Company as it continues to spread its wings globally. As Executive Vice-Chairperson of Cipla, Samina focuses on board and governance issues, in addition to furthering Cipla’s strategic priorities through key global partnerships, corporate culture, hiring the right talent, and public advocacy. Recognised as the promoter face of Cipla, Samina has been feted for her diverse work experience and business knowledge. In 2017, she received the ‘Most Powerful Women in Business’ award from Business Today. In 2018, Forbes named Samina among the top 25 emergent women business leaders in Asia, and Fortune India named her among the most powerful women in business