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BOARD
OF DIRECTORS :
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Executive
Directors :
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Non-Executive
Directors :
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Mr. Suresh G. Kare : Chairman & Managing Director
He is the Chairman & Managing Director of Indoco
Remedies Ltd. He has been at the helm of the company’s
affairs for forty-four years and is responsible for the it’s
transformation from a small sick unit in 1963, to the
global, fast growing, profitable organization that it is
today. Suresh G. Kare has a technical background and is
recognized for his leadership and vision. He is a
multi-faceted personality whose love for arts, sports and
social service complements his strong business acumen. Under
his stewardship, Indoco has achieved innumerable milestones.
Suresh G. Kare’s four decades of pharmaceutical experience
is the key to the company’s fast paced growth in the
domestic and international arena. He is also the immediate
Past-president of the Indian Drug Manufacturers’ Association
(IDMA).
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Mr.
F. X. Coutinho : Director - Marketing
He is the Director - Marketing at Indoco. He has been
with the company since 1975 and has a vast experience in the
field of pharma sales and marketing. He heads Indoco’s 1600
strong marketing force and is the man behind the company’s
innovative and dynamic marketing strategies. F.X.Coutinho
has a background in science and a degree in management from
the Mumbai University.
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Mr. Sundeep V. Bambolkar :
Director - Finance & Operations
He is the Director - Finance & Operations at Indoco.
He is a science graduate and holds a Master’s degree in
Business Administration from the Mumbai University. He has
also trained in the field of management at the Indian School
of Business, Hyderabad and the Kellogg School of Business,
Chicago, USA. Sundeep V. Bambolkar has been with the group
since 1982 and has over two decades of experience in the
field of finance and operations.
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Ms. Aditi Kare Panandikar :
Director - Business Development & HRD
She is the Director - Business Development & HRD in
the company. She heads the Business Development Team and has
played a pivotal role in establishing the company’s presence
in the overseas markets. She also heads the company’s R&D
and API departments. Aditi Kare Panandikar is a pharmacy
graduate and holds a Master’s degree in Business Management
from the Ohio State University, USA. She has been with the
company for over a decade and is experienced in technical
and human resource fields.
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Dr. M. R. Narvekar
He is a leading Gynaecologist. He actively supports social activities for the up-liftment of the society. He was appointed on the Board on June 15, 1977.
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Mr. D. M. Sukthankar
He holds Master Degree in Commerce from Bombay University. He was selected for IAS (Indian Administrative Service) in 1956 and served in various capacities in different departments of the Govt. of Maharashtra and the Govt. of India for a period of 35 years, prior to his retirement on 31st August 1990 as Chief Secretary to the Govt. of Maharashtra. During the period from May, 1981 to November 1984, he also worked as the Municipal Commissioner of Greater Bombay. After his retirement, he has worked and is working as chairman or member of various Boards/Committees appointed by the Government of India and Government of Maharashtra. Mr. Sukthankar was appointed on the Board on September 10, 1994.
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Mr. D. N. Mungale
He holds Bachelor of Commerce & Bachelor of Law degree and is also Associate Member of The Institute of Chartered Accountants of India. Mr. Mungale is a Mumbai based Strategic Consultant in matters of finance, trade and industry. He has worked with many important government functionaries for many years and has also been an organization builder in both Bank of America and DSP Merrill Lynch. He is a member of the National Committee of the United World Colleges in India, Member of Development Council-Oxford Central for Hindu Studies, Oxford, UK, Member of Investment Committee of the Cricket Club of India.
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Mr. D. M. Gavaskar
He is a Chartered Accountant and Company Secretary. Mr. Gavaskar is a Commerce Graduate from the University of Bombay and he has also completed from U.K. a course in Strategic Management and another course for Senior Management from Templeton College, Oxford University, and Henley College of Management, respectively. Mr. Gavaskar started his career with Johnson and Johnson (India) Ltd and thereafter held different positions with Abbott India Ltd (then Boots India Ltd) including that of Director of Finance & Company Secretary between 1983 and 1985 and Finance Director & Company Secretary between 1985 and 1989. From 1989 until October 2005 Mr. Gavaskar was Managing Director & President of Abbott India Ltd (formerly Knoll
Pharma). Mr. Gavaskar not only had a brilliant academic career but also has to his credit several achievements in terms of improving performance of the business, operations restructuring, cost reduction and containment, outsourcing, efficiency improvement and strategy and business development during his tenure with Abbott India Ltd. Mr. Gavaskar also received the President's citation from Abbott Labs USA in 2001 and 2002. Mr. Gavaskar has been inducted as an Additional Director on the Board with effect from April 11, 2005 and would hold office until the next Annual General Meeting.
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Mr. Sharad P. Upasani
He has a post graduate degree of Master of Commerce
and a Bachelor of Law Degree. He is an IAS of 1962 cadre,
besides holding a Master of Business Administration from
USA.
Mr. Upasani has varied experience and has held important
positions in both State and Central Government. He held the
highest position in Maharashtra State Administration as the
Chief Secretary. He was the Secretary of Department of
Industry. He was also the Managing Director of Maharashtra
State Finance Corporation (MSFC), Vice Chairman of
Maharashtra State Road Transport Corporation (MSRTC),
Chairman of Maharashtra State Textile Corporation (MSTC). He
served a term as the Vice-Chancellor of Agricultural
University, Akola, Maharashtra.
At the Central level Mr. Upasani has worked in the Finance
Ministry, Industry Ministry and Information and Broadcasting
Ministry. He was the Chairman of the Company Law Board and
the Bureau of Costs and Prices, New Delhi. He was also the
Chairman of Film Certification Board, Mumbai.
Mr. Upasani was on deputation to International Monetary
Fund, Washington from 1974-1978. He is a member of the Bar
Council of Maharashtra and Goa. Presently he is engaged in
Consultancy on corporate law matters and acts as an
Arbitrator in corporate disputes.
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Mr. Rajiv P. Kakodkar
He holds a bachelor of pharmacy degree from Bombay University and an MBA degree from the prestigous Stuart School of Business, Chicago, USA. He has vast international business experience in pharmaceutical field. His area of expertise include Indenting and Sourcing for pharmacetical global and domestic businesses. He is a founder of his own chemical business in operation for over two decades.
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