New Delhi, March 27 Biocon Ltd announced on Friday that Shreehas Tambe has been appointed as CEO & Managing Director, effective April 1, 2026.
As the first CEO of the integrated Biocon, he will lead the combined platform encompassing biosimilars and generics, strengthening the company's ability to operate at scale and compete effectively in global markets, the company said in a statement.
Furthermore, Kedar Upadhye has also been appointed as Chief Financial Officer, Biocon said.
This leadership transition is part of the full integration of Biocon Biologics Ltd as a wholly-owned subsidiary of Biocon Ltd, creating a simplified and unified corporate structure.
The strengthened enterprise is well-positioned to lead in diabetes, obesity, oncology, and immunology through a differentiated portfolio of biosimilars, insulins, complex generics, and peptides, including GLP-1 therapies, the company said.
Commenting on the development, Biocon Ltd Executive Chairperson, Kiran Mazumdar-Shaw, said the company has consistently grown by anticipating patient needs and staying ahead of the curve.
"With the integration of our generics and biosimilars businesses, we are creating a uniquely positioned, globally scaled biopharmaceutical enterprise," she said.
Mazumdar-Shaw further said, "Shreehas has been at the forefront of this transformation, leading several strategic milestones, including the acquisition and integration of the Viatris biosimilars business and the expansion of our global footprint."
Siddharth Mittal, who was the CEO & Managing Director, will now transition to another leadership role within the Biocon Group, she said, adding that he played "a pivotal role in shaping the company's growth trajectory".