Mr Kamil Hamied quits Cipla: Reports

Cipla’s heir apparent Mr Kamil Hamied has stepped down from the company, according to reports

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Ms Samina Vaziralli (Photo Courtesy: http://shethepeople.tv)

Mr Kamil Hamied, nephew of Cipla's chairman Mr Yusuf K Hamied has quit the firm and his sister Ms Samina Vaziralli has assumed an expanded role in the company, says reports. Mr Kamil was supposed to take a leadership role in the drug major Cipla.

"As part of his leadership development, Mr Kamil Hamied, who had stepped out of the India parent and was working in our EU subsidiary in London, will take some time to broaden his leadership and business experience outside of Cipla to achieve his personal growth objectives," said a Cipla spokesperson, in a statement.

"Ms Samina Vaziralli, who represents the next generation of the promoter family, continues to be a part of the core management team at Cipla and now takes on an expanded role leading global strategic alliances and building our consumer health business in India," the spokesperson further added.

 

 

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