Saumen Chakraborty

Biography

  Saumen Chakraborty is President and Chief Financial Officer of Dr. Reddy´s. He has over thirty two years of experience in both the strategic as well as the operational aspects of management and has played a significant role in the evolution of Dr. Reddy´s as a global pharmaceutical company. In his current leadership role he is responsible for the organisation’s financial and technological strategies and operations. Saumen joined Dr. Reddy´s in 2001. Over the years, he has headed multiple global functions including Human Resources, Corporate & Global Generics Operations, Quality, and IT. During this period, Saumen championed several best-in-class initiatives and global best practices that contributed to the transformation of Dr. Reddy’s into one of the most respected employers in India and also a “Great Place to Work’. Previously, Saumen has worked with companies like CMC, C-DOT, Eicher and Tecumseh, and his experience spans Manufacturing, Sourcing, Customer Service, Quality and Consulting. Significant achievements by Saumen in his role as CFO include, leading the organisation’s secondary ADS (American Depository Shares) issue on NYSE, one of the fastest issues of bonus shares in India, the formulation of active Treasury and M&A strategies, and the revamping of the Board of Directors reporting processes. On the technology and business process front, he has driven key initiatives such as the complete implementation of the my SAP Business Suite, the Theory of Constraints (TOC) based approach to product development, manufacturing and supply chain effectiveness, and achieving execution excellence through the simplification of end-to-end business processes. Saumen has consistently won accolades at various industry and business fora. In 2016, he was declared the Best CFO in the Large Enterprise, Healthy Balance Sheet Management category at the Business world-YES Bank Best CFO Awards, and was also recognised as CFO of the Year by International Market Assessment (IMA).  In 2014 he was declared "India´s Best CFO with Exemplary All Round Performance" in the "5th Annual Business Today – YES Bank BEST CFO Awards", while in 2007 he received CNBC TV-18’s ‘Best Performing CFO in the Healthcare Sector’ award. Saumen has also won recognition at the Global Awards of Excellence in Quality Management & Leadership from the World Quality Congress and the Deccan Herald Avenues Awards for HR Excellence. ITM Business School featured him in their list of India’s Greatest HR Professionals. He has also received the Indira Super Achiever Award” from the Indira Group of Institutes, the Chairman’s Excellence Award from Dr. Reddy’s, and the Exceptional Contributor award from both C-DOT and CMC. In June 2017, Saumen was appointed as an Independent Director on the Board of ABP group. Saumen graduated in Physics from Visva-Bharati University and has a degree in Management from the Indian Institute of Management, Ahmedabad. He was a University topper. His passion statement in life is to strive for excellence in everything with honesty, commitment, courage and character.

Research Interest

 Pharmaceutical Products