Strides Pharma Science Limited (Strides) on Friday mentioned that eminent corporate doyen Aditya Puri joins the Strides Group as an Advisor and also will be a director of its associate corporation, Stelis Biopharma (Stelis). The corporation mentioned this in its statement to the Bombay Stock Exchange.
With Stelis poised for its subsequent leg of development, this is the proper time to expand the board, and make sure robust guidance and governance by the finest attainable market minds, the corporation statement study.
After a hugely productive profession in HDFC Bank, Puri, retired in October 2020. He led HDFC Bank considering that its inception more than 25 years ago and created the bank the biggest amongst private sector lenders. Prior to setting up HDFC Bank, Puri was Chief Executive Officer of Citibank, Malasiya. With practically two decades of all round banking expertise across markets with Citibank.
Further Puri has been conferred with numerous prestigious awards, accolades and titles for his exceptional contribution to Indian market, such as successive appearances in Barron’s world’s 30 finest CEOs lists, Fortune’s international best 50 organization persons list in 2016, the India Today Power List for 2019, and the Lifetime Achievement Award by Euromoney Awards of Excellence 2020, to name a handful of.
Aditya Puri was inducted into the Chartered Accountants Hall of Fame by the Institute of Chartered Accountants of India (ICAI), becoming the 1st member of ICAI to be honored with this award(3). A profile by the Economist in October 2020 describing him as the world’s finest banker.
Puri’s appointment to the Stelis board comes at an thrilling juncture for the corporation as it transitions from its incubation phase to a consolidation and development phase to establish itself as a companion of selection globally. Moreover, it aims of bringing planet-class treatment options at reasonably priced expenses to patients in each emerging and created markets, the corporation mentioned.
Headquartered in Bengaluru, Strides Group’s international manufacturing internet sites are situated in India, Singapore, Italy, Kenya and the United States. It focuses on challenging to manufacture merchandise that are sold in more than one hundred nations.
The corporation mostly operates in the regulated markets and has an “in Africa for Africa” strategy along with an institutional business to service donor-funded markets.
Arun Kumar, Founder and Chairman of the Board of Strides, said: “I am delighted to welcome Aditya as our advisor and to the Stelis board. This a huge vote of confidence in the potential of Stelis. Aditya’s illustrious legacy is well-known. Having nurtured HDFC Bank since inception, his deep experience will be extremely valuable for the Strides Group and Stelis in particular.”