India, on 30th August 2024, Akums Drugs & Pharmaceuticals Limited, a leading contract development and manufacturing organization (CDMO), announced the appointment of Amrut Medhekar as the Chief Executive Officer of its CDMO business, effective August 24, 2024.
Mr. Medhekar, who will report to Mr. Sanjeev Jain and Sandeep Jain, the Joint Managing Directors of Akums, brings over 27 years of extensive experience in the pharmaceutical industry. His expertise spans corporate strategy, business leadership, key account management, portfolio strategy, and supply management.
Before joining Akums, Mr. Medhekar held the position of President of India Business at Wockhardt, where he spearheaded significant growth initiatives. He also spends considerable time in his career at the Zydus Group, along with key roles at Novartis, JK Tyre and Industries, Life Medicare Biotech, Torrent Pharmaceuticals, and Ranbaxy.
Speaking on the appointment, Mr. Sandeep Jain and Mr Sanjeev Jain, Managing Directors of Akums Drugs & Pharmaceuticals Ltd., said, “We are delighted to welcome Mr. Amrut Medhekar to our leadership team. With his extensive experience and proven track record, we are confident Akums will reach new heights and set industry benchmarks under his leadership.
Amrut Medhekar, the newly appointed CEO of Akums’ CDMO business, added, “I am honored to join Akums Drugs, a company renowned for its innovation and manufacturing prowess in the pharmaceutical sector. I look forward to working closely with the talented team at Akums to drive growth, enhance operational efficiencies, and deliver exceptional value to our clients.”
Amrut Medhekar brings a robust academic background, including an Executive MBA from IIM Ahmedabad, an Executive Program in Finance from XLRI, and a Management Development Program (MDP) from MDI Gurgaon. He also holds a Bachelor’s degree in Science from Jiwaji University, Gwalior. In addition to his academic credentials, Amrut has served as a Jury Member for the HULT Prize US$ 1M Challenge at IIM Ahmedabad and has been an honorary speaker at various prestigious management institutes, including FMS, Symbiosis, AIMA, and UpGrad.
Medhekar’s proven track record of leadership and innovation in the pharmaceutical sector positions him to drive Akums’ CDMO business to new heights.
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