Merck appoints Milind Thatte as MD

NEW DELHI: Drug firm Merck Ltd today said Milind Thatte has been appointed as managing director of the company effective from April 1, 2018.

The company's board today has appointed Milind Thatte, General Manager Healthcare, as an additional director and managing director of the company, in place of Anand Nambiar, Merck Ltd said in a BSE filing.

Thatte's appointment will become effective from April 1, 2018, it added.


Currently, Thatte is responsible for the healthcare business of India and Frontier markets, Merck said.

He heads the leadership team of healthcare sector and is the member of the country council of Merck India, it added.

Shares of Merck Ltd were today trading 0.29 per cent higher at Rs 1,500.30 per scrip in the afternoon trade on BSE.