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G. V. Prasad
Residence Hyderabad, India
Nationality Indian
Ethnicity Telugu, Andhraite
Alma mater Purdue University
Illinois Institute of Technology
Alagappa College of Technology
Occupation CEO of Dr. Reddy's Laboratories
Religion Hindu
Relatives Kallam Anji Reddy (father-in-law)
Kallam Satish Reddy (brother-in-law)

G. V. Prasad is an Indian business executive, and CEO of Dr. Reddy's Laboratories.[1][2] Prasad studied Chemical Engineering at the Alagappa College of Technology. After completing five semesters, he went on to the Illinois Institute of Technology in Chicago to complete the three remaining semesters. Prasad followed up the engineering degree with a one year MBA at Purdue University. He won the 'Outstanding Senior Student' Award from the American Institute of Chemists, Chicago chapter in 1982. He earned his Masters in Industrial Administration from Purdue University a year later. [3]

His first exposure to the world of pharmaceuticals was in 1985 with Benzex Labs, a pharmaceutical enterprise that he co-founded. Benzex was later acquired by Dr. Reddys and Prasad returned to the construction business, only to come back to pharmaceuticals in 1990 – this time as the CEO and MD of Cheminor Drugs Ltd. In 2001, Cheminor Drugs merged with Dr.Reddy's Laboratories[4] and Prasad took over as the vice-chairman and CEO of the merged entity.[5]

Early life[edit]

Prasad, the second child of Syamala and Harischandra Reddy, did his initial schooling at the Vidyaranya High School in Hyderabad, Andhra Pradesh, India. He later moved to his hometown, Nellore, where he finished his schooling at VR High School.[6]

Personal life[edit]

Prasad is married to Anuradha, the daughter of Kallam Anji Reddy, who is the founder of Dr Reddy's Labs.[7] Anuradha is the managing trustee of Dr Reddy's Foundation as well as the founder-director of Saptaparni, an organisation promoting the traditions and culture of India.[8]

Early career[edit]

After completing his Masters, Prasad returned to India and joined his father's construction business, immersing himself in various projects in Karnataka. In 1985, he co-founded Benzex Labs, an API manufacturing company, which was later acquired by Dr Reddy's. He briefly returned to the construction business before reappearing on the pharma landscape in 1990 as managing director of Cheminor Drugs Ltd. Fueled by a spirit of entrepreneurship, Prasad transformed Cheminor into a world class API and Generics manufacturer, largely through his focus on professionalism, good governance and transparency.

In 2001, Cheminor Drugs merged with Dr.Reddy's Laboratories and Prasad took over as the vice-chairman and CEO of the merged entity. Prasad is widely credited as the architect of Dr. Reddy's successful global generics strategy. He envisioned newer business platforms like the Custom Pharmaceutical business and Specialty pharmaceuticals and is dedicated to building the innovation side of the business.

Professional affiliations[edit]

  • AP State Committee, WWF-India
  • Member of the Advisory Board, Acumen Fund
  • Member of the Board, Infotech Enterprises Ltd.
  • Member of the Board, Diana Hotels, India
  • Member of the Board, Ocimum Bio Solutions
  • Member, American Chemical Society
  • Member, American Institute of Chemical Engineers
  • Served as Chairman of the CII National Committee on Environment and the Intellectual Property Committee (2006–2007)

References[edit]

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/G._V._Prasad — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.

6 news items

 
Economic Times
Thu, 30 Oct 2014 19:26:15 -0700

While whole-time directors GV Prasad (Co-chairman & CEO) and Satish Reddy represent the family with 26% stake, they are never seen to be overbearing. Last year, for example, Prasad, who was then Chairman and CEO, anointed former McKinsey leader ...

Moneycontrol.com

Moneycontrol.com
Wed, 29 Oct 2014 06:42:18 -0700

Discussing the company's results, GV Prasad, co-chairman and CEO, DRL, said the quarter has been a flattish one on the back of high R&D expenses. He expects growth to return once launches start happening. The company is expect to file two new drug ...

Moneycontrol.com

Moneycontrol.com
Wed, 29 Oct 2014 04:28:07 -0700

Discussing the company's results, GV Prasad, co-chairman and CEO, DRL, said the quarter has been a flattish one on the back of high R&D expenses. He expects growth to return once launches start happening. The company is expect to file two abbreviated ...

The Hindu

The Hindu
Mon, 22 Sep 2014 01:10:05 -0700

A science fiction thriller, Different Epochs, written by late Vedant Karthik Kidambi, an IIIT-Hyderabad alumnus who died in a road accident in 2010, was released in the city on Sunday. Different Epochs is set in a time period between 2060 and 2084 and ...
 
Economic Times
Wed, 24 Sep 2014 05:31:22 -0700

... become multi-baggers in next 3-5 years · Very bullish on Indian markets at least for next 2 years: Jim Walker, Asianomics Group · Bogus case against P Chidambaram in Aircel-Maxis deal · Indian pharma companies should shed jugaad attitude: G V ...

Livemint

Livemint
Mon, 13 Oct 2014 12:24:33 -0700

Apart from Vasudev and Charan, Tata Sons' chairman emeritus Ratan Tata and Dr Reddy's Laboratories Ltd's co-chairman and CEO G.V. Prasad are key “resource leaders” for the programme. Edited excerpts: As an entrepreneur, how should you measure ...
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