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  • Sun Pharma appoints...

Sun Pharma appoints new Whole-time Director, Independent Director

Ruchika SharmaWritten by Ruchika Sharma Published On 2023-05-29T15:33:26+05:30  |  Updated On 29 May 2023 9:39 PM IST
Sun Pharma appoints new Whole-time Director, Independent Director
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Mumbai: Sun Pharma has recently announced that the Company's Board has approved the appointment of Aalok Shanghvi as a Whole-time Director and Rolf Hoffmann as an Independent Director.

Aalok Shanghvi has been appointed for a term of five years effective from June 1, 2023 and Rolf Hoffmann has been appointed for a term of five years to be effective from the date of allotment of Director Identification Number, the company informed in a BSE filing.

Aalok Shanghvi is the son of Dilip Shanghvi, Managing Director and Promoter of the Company and is the nephew of Sudhir Valia, Non-Executive Director of the Company.

Aalok joined Sun in 2006 and has handled various roles in Marketing, R&D, Project Management, Purchase & Communications. In 2010, he headed Bangladesh and by 2014, he took over the Emerging Markets business, which is spread across 80 countries covering Africa, Middle East, APAC, Eastern Europe, CIS, and Latam. Subsequently, he also took charge of Global Generic R&D, Global Generic Business Development and API. He has done his undergraduate majoring in Cellular and Molecular Biology from the University of Michigan – Ann Arbor.

Rolf Hoffmann has over 29 years of experience managing top 50 worldwide markets with full P&L and cross-functional accountability. Hoffmann has worked with Eli Lilly and Company for over a 17-year period with a balance of in-country management, international regional management and headquarters global executive positions. In his various responsibilities, he established a regulatory and governmental affairs network around the world, developed in-depth commercial capabilities for all geographies including alliances, joint venture, and organic growth strategy. Hoffmann was a highly respected operational leader and presenter with continued upward momentum when recruited by Amgen, where he spent about 12-years at various leadership roles and responsibilities, including P&L accountabilities for all countries around the world including the USA. Hoffmann has served on various board viz., Ferring Holding Inc., New Jersey, USA, Trizell Holding S.A., Lausanne, Switzerland, Shield Therapeutics PLC, Gateshead Quays, UK, EUSA Pharma, Hemel Hempstead, UK, Biotest AG, Dreieich, Germany, Trigemina, Inc., San Francisco, USA and STADA AG, Bad Vilbel, Germany. He currently serves the board of Genmab A/S, Copenhagen, Denmark, Paratek Pharmaceuticals, Inc., Boston, USA, Semdor Pharma Group GmbH, Cologne, Germany and IDT Biologika GmbH, Dessau-Rosslau, Germany.

Hoffmann has received an MBA, Kenan-Flagler Business School, UNC Chapel Hill, North Carolina, 1987, MA - English, The University of Koeln, Koeln, Germany, 1985 and MA - Kinesiology, Deutsche Sporthochschule Koeln, Koeln, Germany, 1985.

Read also: Sun Pharma proposes to fully acquire Taro Pharmaceutical Industries

sun pharmasun pharma newsAalok ShanghviRolf Hoffmannappointment
Ruchika Sharma
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

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