Biocon appoints Dr Arun Chandavarkar as CEO and Joint MD

Dr Arun Chandavarkar

Biocon has approved the induction of Dr Arun Chandavarkar to the board of Biocon. He has also been appointed as Chief Executive Officer and Joint Managing Director.

Welcoming Chandavarkar on the Board, Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon, said, “I am happy to have Chandavarkar join the Board of Directors and take on the mantle of Chief Executive Officer and Joint Managing Director. He has been a core member of the leadership team at Biocon and has worked very closely with me over the last 24 years. He has played a pivotal role in the evolution of Biocon and I am confident that, in his new role, he will build immense value for Biocon and its stakeholders.”

Chandavarkar said, “I am delighted and honoured to join the Board of Biocon. These are exciting times and I look forward to steering the company to the next level.”

He has a B Tech from IIT, Bombay and earned his Ph.D. in Biochemical Engineering from the Massachusetts Institute of Technology, Cambridge, USA.

Chandavarkar has been the Chief Operating Officer of Biocon since 2006. He joined Biocon as General Manager – Operations in 1990. Under his leadership, Biocon has established expertise in diverse technology platforms spanning microbial fermentation, cell culture, chemical synthesis and purification to develop a wide range of products from speciality enzymes to active pharmaceutical ingredients to recombinant therapeutic proteins.

EP News Bureau – Mumbai