This leadership transition follows the previously reported resignation of Jyoti Saraph, who will step down as Director - Finance at the close of business hours on June 23, 2025.
Devesh Choudhari is a seasoned finance professional specializing in Finance, Accounting, Structuring, M&A, Fundraising, and Controls and has 18 years of experience. He brings a wealth of knowledge and a proven track record in leading complex financial projects.
In his most recent role, Devesh joined Perfect Day, a US based food biotechnology company, to lead their Indian manufacturing business following the acquisition of Sterling Biotech. As CFO, he played a key role in driving the business performance and contributed to the groundwork for a $100 million greenfield project currently under construction.
Devesh actively contributed to the strategic sale and played a pivotal role in forming the joint venture with the Zydus group, later serving as its CFO. Prior to this, Devesh spent nearly a decade at the Piramal Group, gaining hands-on experience in multi-segment, multi-location manufacturing setups, as well as equity raises totaling over $1.5 billion. He significantly contributed to the $4 billion DHFL acquisition by Piramal and efficiently managed the integration of its financial operations. Earlier in his career, he worked with Deloitte in the Assurance function, handling leading FMCG, Chemical, and pharmaceutical companies. Devesh is a qualified Chartered Accountant and has done a Diploma in International Financial Reporting Standards (IFRS).
Headquartered in Mumbai, Abbott India Limited, a publicly listed company and a subsidiary of Abbott Laboratories. The Company offers medicines in multiple therapeutic categories such as women's health, gastroenterology, cardiology, metabolic disorders and primary care.
Abbott India Limited is part of Abbott's global pharmaceutical business in India.
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