Sun Pharma appoints Kirti Ganorkar as new MD
The entire business and all functions will be reporting to Ganorkar. This appointment is subject to approval of the shareholders at the upcoming annual general meeting, the company release said.
The announcement marks the culmination of a structured and forward-looking succession planning process at Sun Pharma, underscoring the organisation's commitment to leadership continuity and strategic governance.
Ganorkar has been heading India Business at Sun Pharma since June 2019. Under his leadership, the company's India Business has grown consistently, further increasing its market share.
Previously, he has held various leadership roles across business development, marketing, M&A, new product introduction, project management, IP and litigation at the drug firm, it added.
Ganorkar played a key role in driving Sun Pharma's foray into speciality by securing rights for innovative products such as Ilumya. He led the company's entry into Japan and laid the initial groundwork for the company's foray into Europe, it said.
Ganorkar also supported the US business with stewardship of several notable generic projects from concept to commercialisation.
As Executive Chairman, Shanghvi will continue to chair the Board. He will focus on strengthening Sun Pharma's speciality portfolio and provide insights towards shaping the company's long-term strategy, the release added.
Dilip Shanghvi, Chairman & Managing Director of Sun Pharma, said, ''Kirti has consistently demonstrated effective leadership, managing diverse roles at Sun. "I have a firm belief in his ability to lead the company into its next phase of growth and extend my best wishes for his success." His elevation showcases our strong in-house talent pool, ensuring continuity of Sun Pharma's core value systems."
UNI JS ARN
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