PI Industries board designates Dr. K V S Ram Rao as Executive Director; Stock gains 1%

Dr. KVS Ram Rao joined PI in November, 2018 as CEO – CSM Export.

May 20, 2021 12:03 IST | India Infoline News Service
PI Industries has informed that Board of Directors 18th May, 2021 has appoitned Dr. K.V.S. Ram Rao, CEO – CSM Operations as an Additional Director. The Board has further designated him as an Executive Director w.e.f May 18, 2021.

Dr. KVS Ram Rao holds a bachelor’s degree in technology from Faculty of Technology, Osmania University, a master’s degree in field of engineering from Indian Institute of Science, Bangalore and is a Ph.D. from Faculty of Engineering, Indian Institute of Science, Bangalore.

He has over 28 years of experience, of which nearly 20 years of experience pertains to pharmaceutical industry. Prior to joining our Company, he was Executive Vice President and Head - PSAI at Dr. Reddy’s Laboratories Limited.s

He is well known for leadership capability in making high stake decisions and overcoming complex business challenges and is expert at articulating and implementing change while gaining consensus from people with differing agenda. He established innovative business models with eminent team dynamics and instituted good manufacturing and R&D systems.

He also built best in class practices in Environment, Health & Safety and nurtured excellent Diversity & Inclusivity policies. Dr. Rao has strong market knowledge, financial/analytical skills, customer-oriented approach, industry network at multiple levels, well-grounded principles of Governance & Ethics.

Dr. KVS Ram Rao joined PI in November, 2018 as CEO – CSM Export. During his association with PI, Revenue growth of 25% plus achieved via focused strategy. He pioneered a strong process technology focus with reliability into operations and supply chain and established Review and Governance mechanism, Diversification into Pharma: product development and strategic collaborations.

At around 12:05 PM, P I Industries was trading at Rs2,600 per piece up by Rs30.25 or 1.18% on Sensex.

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