Arun Chandavarkar new Biocon COO

Biocon has appointed Arun Chandavarkar as chief operating officer. He was till now president -- operations and technology.

The company has announced that Rakesh Bamzai, who was earlier president-marketing pharma, will be the new president-marketing as Ajay Bhardwaj, the current incumbent, is leaving the organisation.

Chandravarkar will be actively involved in overseeing the day-to-day operations of the company, other than the subsidiaries Syngene and Clinigene. This will allow Kiran Mazumdar-Shaw to spend more time over strategy.

Chandavarkar has done masters and PhD in biochemical engineering from the Massachusetts Institute of Technology and has been working with Biocon since 1990.

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