Dr. Reddy’s Laboratories Limited announced the appointment of Arun Madhavan Kumar as Additional Independent Director on the company’s Board, with effect from August 1, 2022.
According to the company’s exchange filing, “we would like to inform that Mr. Arun Madhavan Kumar (DIN: 09665138), has been appointed as an Additional Director, categorized as Independent, on the Board of Dr. Reddy’s Laboratories Ltd., for a term of five consecutive years, effective from August 1, 2022.”
Arun Madhavan Kumar, is a Managing Partner at Celesta Capital, a leading deep technology venture capital firm that leverages synergies between leading centers of innovation in the US, India, and Israel to create globally impactful enterprises.
In February 2022, Kumar completed his five-year term as the Chairman and CEO of KPMG in India. In this role, he led a large organization consisting of several thousand talented professionals engaged in providing assurance, tax, and advisory services, through a period of extraordinary growth in revenues, profits, people and organizational transformation. He was a member of the global Board of Directors of KPMG as well as its EMA Board.
Kumar previously served in President Obama’s administration as Assistant Secretary of Commerce for Global Markets and Director General of the U.S. & Foreign Commercial Service (USFCS), under the leadership of Commerce Secretary Penny Pritzker. As the administration’s lead official to promote U.S. exports, foreign direct investment, and enhanced market access around the world, he led a team of 1,700 professionals in 78 countries and all the 50 states of the U.S. The Global Markets unit and USFCS saw substantial growth in coverage and impact during his tenure. During that time, Kumar also had a special focus on the U.S.-India economic relationship, helping establish high level bilateral dialogues in areas ranging from innovation to infrastructure and working closely with the U.S. India CEO Forum.
Prior to his nomination by President Obama, Kumar was a partner at KPMG LLP in the US and was a member of the Board of the firm. Based in Silicon Valley, he led KPMG’s Management Consulting practice in the West. Before joining KPMG, he was a co-founder, CEO, and CFO of three technology companies in Silicon Valley; over the years, Kumar has been a mentor to entrepreneurs in Silicon Valley and India.
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