Pharma major Cipla announced it has re-appointed Umang Vohra as Managing Director and Global Chief Executive Officer for a period of five years, effective from 1st April, 2021.
“In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, this is to inform you that based on the recommendation of Nomination and Remuneration Committee and subject to approval of the shareholders, and any required regulatory approvals and applicable conditions thereof, the Board of Directors, at its meeting held on 23rd March, 2021, has considered and approved the re-appointment of Mr. Umang Vohra (DIN: 02296740), Managing Director, designated as ‘Managing Director and Global Chief Executive Officer’ of the Company, for a further period of five (5) years w.e.f. 1st April, 2021 to 31 st March, 2026 (both days inclusive),” according to exchange filing.
Umang Vohra joined Cipla Limited in 2015 and has been the MD & GCEO of the Company since 1st September, 2016. After gaining degrees in engineering, marketing and finance, Vohra worked with Eicher Motors, PepsiCo and Dr Reddy’s Laboratories. Through his previous roles in India and the US, he has built a distinguished career spanning almost two decades with deep understanding and experience of various aspects of the global pharmaceutical business.
As Cipla’s MD & GCEO, Vohra’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, Vohra 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.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.