Daiichi Sankyo and Ranbaxy announce reconstitution of Ranbaxy executive leadership
Daiichi Sankyo Co., Ltd. and Ranbaxy Laboratories Limited announced on 24th May 2009 that Mr Malvinder Mohan Singh has stepped down from the positions of Chairman, CEO and Managing Director of Ranbaxy with immediate effect. Mr Atul Sobti, currently Ranbaxy's Chief Operating Officer, has been appointed as CEO and Managing Director. Dr. Tsutomu Une, Non-executive Director of Ranbaxy, has been elected as Chairman of the Board. The above matters were decided at the Board Meeting of Ranbaxy held on the same day.
Source:Ranbaxy