Committees of Board

Audit Committee

Independent Director

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.

Independent Director

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.

Independent Director

Ms Naina Lal Kidwai is an Independent Non-Executive Director of the Company. An MBA from Harvard Business School, she makes regular appearance on listings by Fortune and others of international women in business. A recipient of many awards and honours in India, she was awarded the Padma Shri by the Government of India for her contribution to Trade and Industry. She has authored 3 books, “Survive or Sink - An Action Agenda for Sanitation, Water, Pollution and Green Finance”, “Contemporary Banking in India” and “30 Women in Power: Their Voices, Their Stories.” She possesses rich experience in the areas of banking and finance. She is one of the Government of India’s representatives on the BRICs Business Council and the INDO-ASEAN Business Council. She is also on the Advisory Board of ICRIER, the Rajasthan Chief Minister’s Advisory Council, the investment advisory committee of the Army Group Insurance Fund and on the Governing Board of Lady Shriram College and Harvard Business School South Asia Advisory Board.

Whole-time Director

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

Charter of the Audit Committee

Nomination and Remuneration Committee

Independent Director

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.

Independent Director

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.

Non-Executive Chairman

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.

Independent Director

Dr Peter Mugyenyi is an Independent Non-Executive Director of the Company. He is a Bachelor of Medicine and Surgery (MB ChB), Fellow of the Royal College of Physicians of Ireland (FRCPI), Fellow of the Royal College of Physicians (Edinburgh) (FRCP Edin), Doctor of Science [ScD(h)], is a Ugandan Paediatrician, researcher and specialist on HIV/AIDS and related conditions. He is the Executive Director of Joint Clinical Research Centre, Kampala – a centre of excellence in medical research, training and healthcare. He was among the pioneers who introduced use of ARV in Africa, as well as development of an effective model for scaling up ARVs in resource limited countries. Dr Mugyenyi has been a Principal Investigator on dozens of landmark research projects some of them funded by National Institutes of Health (NIH), European Union, WHO and Medical Research Council (MRC). His research and publications cover a wide spectrum of HIV/AIDS, related diseases and other medical conditions. Specific areas of his research include: paediatric and adult HIV treatment, drug trials, HIV resistance, HIV prevention, immunological studies including HIV vaccine trials, pharmacokinetic, molecular and epidemiological studies as well as social and economic impact of HIV. Internationally, he has served as a board member on a number of institutions and organizations in Africa, UK, India and the USA. Other roles include membership of various advisory boards including HIV Vaccine Trials Network, USA, Massachusetts General Hospital and Institute of Medicine of the National Academies, USA and the Joint United Nations Programme on HIV/AIDS (UNAIDS)

90-90-90 initiative to end the HIV epidemic, among others. He is also on the Board of our Ugandan subsidiary i.e. Cipla Quality Chemical Industries Limited as an Independent Non – Executive Director

Charter of the Nomination and Remuneration Committee

Corporate Social Responsibility Committee

Non-Executive Chairman

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.

Independent Director

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.

Independent Director

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.

Whole-time Director

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

Managing Director and Global Chief Executive Officer

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.

Charter of the Corporate Social Responsibility Committee

Stakeholders Relationship Committee

Independent Director

Ms Naina Lal Kidwai is an Independent Non-Executive Director of the Company. An MBA from Harvard Business School, she makes regular appearance on listings by Fortune and others of international women in business. A recipient of many awards and honours in India, she was awarded the Padma Shri by the Government of India for her contribution to Trade and Industry. She has authored 3 books, “Survive or Sink - An Action Agenda for Sanitation, Water, Pollution and Green Finance”, “Contemporary Banking in India” and “30 Women in Power: Their Voices, Their Stories.” She possesses rich experience in the areas of banking and finance. She is one of the Government of India’s representatives on the BRICs Business Council and the INDO-ASEAN Business Council. She is also on the Advisory Board of ICRIER, the Rajasthan Chief Minister’s Advisory Council, the investment advisory committee of the Army Group Insurance Fund and on the Governing Board of Lady Shriram College and Harvard Business School South Asia Advisory Board.

Independent Director

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.

Whole-time Director

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

Charter of the Stakeholders Relationship Committee

Investment And Risk Management Committee

Executive Vice-Chairperson

Ms Samina Vaziralli 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

Independent Director

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.

Independent Director

Ms Naina Lal Kidwai is an Independent Non-Executive Director of the Company. An MBA from Harvard Business School, she makes regular appearance on listings by Fortune and others of international women in business. A recipient of many awards and honours in India, she was awarded the Padma Shri by the Government of India for her contribution to Trade and Industry. She has authored 3 books, “Survive or Sink - An Action Agenda for Sanitation, Water, Pollution and Green Finance”, “Contemporary Banking in India” and “30 Women in Power: Their Voices, Their Stories.” She possesses rich experience in the areas of banking and finance. She is one of the Government of India’s representatives on the BRICs Business Council and the INDO-ASEAN Business Council. She is also on the Advisory Board of ICRIER, the Rajasthan Chief Minister’s Advisory Council, the investment advisory committee of the Army Group Insurance Fund and on the Governing Board of Lady Shriram College and Harvard Business School South Asia Advisory Board.

Whole-time Director

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.

Managing Director and Global Chief Executive Officer

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.

Charter of the Investment and Risk Management Committee

Operations And Administrative Committee

Executive Vice-Chairperson

Ms Samina Vaziralli 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

Non-Executive Chairman

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.

Whole-time Director

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.

Managing Director and Global Chief Executive Officer

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.

Charter of the Operations and Administrative Committee