Dr Reddy's hires former Teva exec to lead the business

MUMBAI: Hyderabad based Dr. Reddy’s Laboratories Ltd has announced changes to its leadership team with Abhijit Mukherjee, CEO of the company expected to retire on March 31st this year. Erez Israeli, former President & CEO of Enzymotec will replace Mukherjee, the company said in a statement.

Israeli's former stint has been with companies like Teva where where he held several positions of responsibility including Vice President Marketing & Sales for North America, Vice President Asia Operations, President Teva API, Group Executive Vice President, Head of Global Quality, and President & CEO Growth Markets.

“I would like to thank Abhijit for his valuable contribution to our company’s growth journey over the past fifteen years. I extend a warm welcome to Erez Israeli. Erez is an accomplished leader with a proven track record of achievement. His knowledge and experience from leading pharmaceutical businesses of scale will be valuable for our future growth,” said G.V. Prasad CEO Dr Reddys Laboratories.