Satish Reddy is the Chairman of Dr Reddy’s Laboratories Ltd. His association with Dr. Reddy’s began in 1991 when he joined Globe Organics, a Dr. Reddy’s group company as Executive Director.
In 1993, he was appointed as Executive Director of Dr. Reddy’s Laboratories with responsibility for new product introduction, manufacturing and commercialization of active pharmaceutical ingredients (API). He spearheaded the company’s evolution from an API provider to a branded generics player in India. He led the company’s global expansion into Emerging Markets like Russia and CIS countries, among others. In 1997 he became Managing Director and in 2013 was appointed Vice Chairman and Managing Director.
Satish directs two of the company’s core businesses:
Pharmaceutical Services & Active Ingredients and Global Generics, the key revenue earning streams. In his current role, he works with his management team to achieve industry leading growth in major markets of relevance to Dr. Reddy’s.
Satish is also very active on the policy front and plays a key role in shaping government policy on crucial issues concerning the pharmaceutical sector and the economy. He served as a member of the Drugs Technical Advisory Board of India, the highest policy making body under the Drugs and Cosmetics Act in India (2005 and 2011). Hewas also the Chairman of the Andhra Pradesh Chapter of the Confederation of Indian Industries (CII) in the financial year 2003-2004.
Committees and boards of which he is a member include:
President – The Indian Pharmaceutical Alliance (IPA). The IPA is a consortium of large Indian drug-makers which was formed in November 1999 to represent research-based national pharmaceutical companies. It has now 19 companies under its fold.
National Council of the Confederation of Indian Industry (CII)
Board of Trade, Ministry of Commerce, Government of India
Indo-Dutch Joint Working Group (JWG) on Corporate Governance and Corporate Social Responsibility, Ministry of Corporate Affairs,Government of India
CII National Council on Corporate Governance and Regulatory Affairs
India – Russia CEO Council of CII
India – South Africa CEO Council of CII
Director of Dr. Reddy’s Institute of Life Sciences, a not-for-profit institute that conducts innovative research in unifying areas of chemistry, biology and chemical biology.
Chairman, CII, Life Sciences Sector Skill Development Council.
Member, CII, Task Force on China.
Member, Committee of Administration, Pharmaceuticals Export. Promotion Council of India, Ministry of Commerce & Industry, Govt. of India.
In addition to this he has also served as Chairman, CII, National Committee on Drugs & Pharmaceuticals from 2010 to 2012.
A strong advocate of responsible corporate citizenship, Satish pursues his interest in human capital development through various not-for-profit organisations. Two positions of note are:
Chairman of Dr. Reddy’s Foundation, a not-for-profit organization focusing on creating sustainable livelihoods and providing education, and Trustee of the Naandi Foundation, which focuses on child rights, sustainable livelihoods and safe drinking water and is a leader in providing academic support and daily meals to more than 1.3 million children in government schools across India.
Satish was identified as a “Young Global Leader for 2007” by the World Economic Forum, and was awarded the “IBLA – India Corporate Citizen of the Year” by CNBC in 2005 for his contributions to Corporate Social Responsibility.
He holds a degree in Chemical Engineering from Osmania University, India, and an M.S. in Medicinal Chemistry from Purdue University, USA, where he received the 2009 Distinguished Alumnus Award from the School of Pharmacy and Pharmaceutical Sciences.