Dr Reddy’s Labs reappoints G V Prasad as Co-Chairman, MD
Hyderabad: Dr Reddy’s Labs has announced the re-appointment of G V Prasad as Co-Chairman and Managing Director for a period of 5 years with effect from January 30, 2026 to January 29, 2031.
of Directors of the Company has approved the re-appointment of Mr. G V Prasad (DIN: 00057433) as
a Whole-Time Director designated as Co-Chairman and Managing Director for a period of 5 years with
effect from January 30, 2026 to January 29, 2031, subject to approval of shareholders in the ensuing
Annual General Meeting of the Company,” Dr Reddys Labs stated in a BSE filing.
Having joined the company in 1990, Prasad led Dr. Reddy’s growth from a mid-sized domestic operation to a diversified global pharma company today present in 66 countries with a total revenue of $2.83 billion.
As an advocate of sustainability, Prasad brought in many initiatives in the company to make it more sustainable. He is a photography enthusiast and supports nature and wildlife. He is involved with the activities of the World Wildlife Fund, AP and Telangana chapter, Wildlife Trust (WTI) of India and other conservation-oriented organisations.
Along with his responsibilities as Co-Chairman and MD, Prasad is also involved in other causes. He is a Board Member of institutions such as Indian School of Business and Ashoka University. He has also previously served on the Boards of educational institutions such as IIT Hyderabad and S V University, technology company Cyient and non-profit organization Acumen Fund.
He is currently the Chairman of CII National Committee on Pharmaceuticals. He has also been serving as the Honorary Consul of the Kingdom of Belgium in Hyderabad since April 2019.
He has a Bachelor of Engineering degree in Chemical Engineering from Illinois Institute of Technology, Chicago in the United States of America, and an M.S. in Industrial Administration from Purdue University, Indiana in United States of America.
G V Prasad is also one of the promoters and a member of the Board of Directors of Dr Reddy’s Labs.
public and private institutions such as the International Foundation for Research
and Education. He is also a member of the governing
body of Mckinsey Centre for CEO Excellence and Institute of
Public Health Sciences Hyderabad Society.