Panacea Biotec appoints Vinod Goel as CFO

Ruchika Sharma

Panacea Biotec appoints Vinod Goel as CFO

Written By : Ruchika Sharma Published On 2025-12-16T19:23:53+05:30 | Updated On 16 Dec 2025 7:23 PM IST

Panacea Biotec has announced the appointment of Vinod Goel as Chief Financial Officer (CFO) under the category of Key Managerial Personnel (KMP) and Senior Management Personnel (SMP).

He has been designated as Group CFO and Head Legal & Corporate Governance of the Company, with effect from December 16, 2025, based on the recommendation and approval of the Nomination & Remuneration Committee and Audit Committee.

Prior to this, Goel was serving as Group CFO and Head Legal & Company Secretary as well as Compliance Officer of the Company.

Consequent to change in his role, he ceased to be the Company Secretary and Compliance Officer of the Company.

His appointment follows resignation of Devender Gupta from the position of CFO under the category of KMP and SMP.

Read also: Panacea Biotec CFO Devender Gupta resigns, Amit Gupta to oversee finance function

Further, Ankit Jain has also been appointed as Company Secretary and Compliance Officer designated as General Manager - Legal & Company Secretary of the Company under the category of KMP and SMP.

Jain previously served as Assistant General Manager - Legal of the Company’s wholly owned subsidiary, Panacea Biotec Pharma.

Vinod Goel aged about 60 years is a fellow member of the Institute of Company Secretaries of India. He is also the associate member of the Institute of Cost Accountants of India. He is also holding B.Com. (Hons.), M.Com. and LL.B. degrees. He has over 35 years of post-qualification experience in the areas of corporate governance, contracts negotiation, litigation management, costing, finance, internal audit, funds raising, investors relations, mergers & acquisitions, corporate restructuring, etc. He has been associated with Panacea Biotec Limited since 1999 and held various senior level positions and currently serves as Group CFO and Head Legal & Company Secretary of Panacea Biotec Limited.

Ankit Jain aged about 38 years is an associate member of the Institute of Company Secretaries of India (A29499). He also holds B.Com. and LL.B. degrees and Diploma in taxation laws and IPR. He has around 15 years of experience in corporate governance, regulatory compliance, litigation management, contract management, merger & acquisition and strategic planning. He is currently working as Assistant General Manager– Legal of the Company’s wholly owned subsidiary viz. Panacea Biotec Pharma Limited since March 2024 and is actively engaged in secretarial and legal function.

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Ruchika Sharma

Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751