Dr. Reddy's announces senior level changes

HYDERABAD, India — Dr. Reddy's Labs on Wednesday announced that it has named Satish Reddy as chairman of the board. Reddy previously held the position of vice-chairman, managing director & COO. GV Prasad will continue to serve as CEO and provide leadership to the company in an executive capacity. He has also been named co-chairman and managing director.



“Satish is actively involved in various industry associations and leads the Corporate Social Responsibility efforts at Dr. Reddy’s,” Prasad said. “In his new role, he can contribute significantly to shaping the direction and course of action on these fronts, in addition to being a custodian of the corporate brand and driving governance processes and agenda of the board.”



Additionally, the company also announced that Abhijit Mukherjee, president of global generics, has been appointed as COO. Mukherjee will be responsible for both the global generics and pharmaceutical services and active Ingredients businesses.



“I look forward to working closely with Abhijit and the team in the drive towards science- and innovation-based leadership at Dr. Reddy’s,” Prasad added.