Rakesh Bamzai, President-Marketing, Biocon Ltd, is leaving the company to take up leadership role elsewhere. He has been associated with Biocon for 19 years.

Kiran Mazumdar-Shaw, Chairperson and Managing Director, Biocon, said that Rakesh has decided to take up a “very senior and challenging leadership assignment and we wish him the best for the future’’.

She added that while his presence will be missed: “we firmly believe that he will continue to be a strong brand ambassador for the company going forward.’’

Rakesh Bamzai said that he had “no doubt that I will remain engaged with Biocon in the future’’.