Pharma major Cipla Ltd has appointed Subhanu Saxena as its Chief Executive Officer. He will assume the new position on February 1, 2013 and report to the Chairman and the Board of Directors of the company.

Subhanu, who has a graduate degree in engineering from Oxford University and an MBA from INSEAD, France, comes to Cipla having worked with companies such as Citicorp, The Boston Consulting Group, and PepsiCo, across markets in Europe, North America, Africa and Asia.

In his last assignment, he led the global product strategy and commercialisation functions at Novartis Pharma AG. In this role, Subhanu was a part of the Global Pharma Executive Committee ($30 billion sales), with responsibility for marketing, sales, global medical affairs and health economics.

In the last one year, Cipla has staffed senior executives in some of its key business functions, verticals and geographies, including key corporate and business heads in markets such as Europe and Australia, and corporate functions such as HR, IT, Legal and Strategy.

Cipla Chairman Dr Yusuf K. Hamied said: “Cipla has a strong vision for the future. I am confident Subhanu will build on Cipla’s core values to deliver the next phase of growth, competitiveness and return on shareholder value.”

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