Punita Lal, Nachiket Mor join Cipla board

Mumbai-based pharma firm Cipla has just announced that Ms Punita Lal and Dr Nachiket Mor have joined its board as independent directors. Punita is a marketing expert and has looked at brands such as Coke and Pepsi, and Dr Mor has spent many years in the area of financial inclusion.

What can these two bring on board for a pharma company like Cipla?

Says Y.K. Hamied, Chairman, Cipla: "They are both fantastic individuals and in a company you need diverse specialists."

On Lal, Hamied was quoted saying: "We believe that Ms Lal's proven experience in a marketing and advisory role will add value to our Cipla board."

On Mor's appointment, Hamied said: "Dr Nachiket Mor is a pioneer in the banking and financial industry. His experience and passion in the areas of financial access and healthcare will be extremely valuable and a great asset to the Cipla board."