Biocon, a leading biotechnology company, has announced that its
marketing head Rakesh Bamzai had quit the company. The company, in a
filing to the Bombay Stock Exchange made on Wednesday evening said Mr.
Bamzai, President, Marketing, who had been associated with the company
for 19 years, “has decided to leave the organisation and accept a new
leadership role”.
Biocon Chairperson and Managing Director Kiran Mazumdar-Shaw said Mr.
Bamzai had played a “pivotal role in Biocon’s evolution from a leading
enzymes company to a global biopharmaceutical enterprise”. She credited
Mr. Bamzai as being “instrumental” in developing Biocon’s “global
footprint”.
Ms. Shaw said Mr. Bamzai had decided to take up a “very senior and
challenging assignment” after leaving Biocon. Despite his departure, Mr.
Bamzai would remain a “strong brand ambassador for the company”, she
said.
Mr. Bamzai said he hoped to “remain engaged with Biocon in the future”,
and that he was confident that the team he leaves behind at the company
would “ensure Biocon’s continued success”
-The Hindu