Satish Reddy is the Chairman of Dr. Reddy's Laboratories. He joined the company in 1993 as Executive Director and since then has held positions of increasing responsibility as Managing Director in 1997 and Vice-Chairman & Managing Director in 2013. Satish led the organisation's transition from a uni-focused manufacturer of APIs (active pharmaceutical ingredients) to a company that moved up the value-chain with a diverse product portfolio of Finished Dosage Formulations. He oversaw the expansion and establishing of a strong footprint for Dr. Reddy's finished dosage products in Russia, CIS countries and other emerging markets.
As an active member of major industry associations and governmental panels, Satish played a key role in shaping policies concerning the pharmaceutical sector as well as the economy, such as policy formulation on India's patent law, drug pricing and important amendments to the Drugs & Cosmetics Act. He was a member of the Drugs Technical Advisory Board of India, the Chairman of the Andhra Pradesh Chapter of the Confederation of Indian Industries (CII) and head of its National Committee on Pharmaceuticals. He is President of the Indian Pharmaceutical Alliance, a premier industry association of leading research-based Indian companies. Satish also chairs the Life Sciences Sector Skill Development Council (LSSSDC), a non-profit organisation actively involved in creating a robust and vibrant eco system for quality education and skill development in India.
Keeping true to the legacy of the founder of the company, Dr. Anji Reddy, Satish drives the organisation's Corporate Social Responsibility initiatives. The Dr. Reddy's Foundation, of which he is Chairman, works to help the less privileged create sustainable livelihoods through appropriate vocational education. He is a Trustee of the Naandi Foundation, which works in the areas of child rights and education, safe drinking water, agriculture export marketing support and other much needed empowerment initiatives that India needs. Satish is also one of the Directors of Dr. Reddy's Institute of Life Sciences, the not-for-profit institute engaged in pioneering and innovative research in unifying areas of chemistry, biology and chemical biology.
Satish was identified as a "Young Global Leader for 2007" by the World Economic Forum, and was presented with the "IBLA - India Corporate Citizen of the Year" award by CNBC in 2005 for his contributions to Corporate Social Responsibility. He holds a degree in Chemical Engineering from Osmania University, India, and an M.S. in Medicinal Chemistry from Purdue University, USA, where he received the 2009 Distinguished Alumnus Award from the School of Pharmacy and Pharmaceutical Sciences.
Committees and board memberships:
- Chairman of the Life Sciences Sector Skill Development Council (LSSSDC) of India
- National Council of the Confederation of Indian Industry (CII) since 2004-05
- Executive Council of the Indian Pharmaceutical Alliance (IPA), an association of 19 large research based national companies
- Board of Trade, Ministry of Commerce, Government of India
- Indo - Dutch Joint Working Group (JWG) on Corporate Governance and Corporate Social Responsibility, Ministry of Corporate Affairs, Government of India
- India - Russia CEO Council of CII
- India - South Africa CEO Council of CII
- India - Canada CEO Council of CII
- Director of Dr. Reddy's Institute of Life Sciences.