NSEChange in Management1h ago · 31 Oct 2026, 07:28 pm
Change in Management
Zydus Lifesciences Limited · ZYDUSLIFE
✦ AI SummaryMgmt Change
Zydus Lifesciences Limited has informed the Exchange about change in Management, Dr. Amrut Naik has resigned as President and Business Unit Head, International Markets Business, and Mr. Christoph Stoller has been appointed as his replacement.
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Full Announcement
Zydus Lifesciences Limited has informed the Exchange about change in Management
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October 31, 2026
BSE Limited Code: 532321 National Stock Exchange of India Limited
Code: Zyduslife
P J Towers, Exchange Plaza, C/1, Block G, Bandra-Kurla
Dalal Street, Complex, Bandra (East),
Mumbai-400001 Mumbai-400051
Re.: Changes in Senior Management team
Ref.: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) read with SEBI
Master Circular dated January 30, 2026 (“the SEBI Master Circular”)
Dear Sir / Madam,
This is to inform that Dr. Amrut Naik, President and Business Unit Head, International Markets
Business has resigned on October 31, 2026, and he will be relieved from his duties on
November 7, 2026, and in view of the same, he will cease to be the part of Senior
Management team. The copy of his resignation letter is attached as Annexure-“1”.
Further, based on the recommendation of Nomination and Remuneration Committee, the
Board of Directors of the Company have approved the appointment of Mr. Christoph Stoller
as President and Business Unit Head, International Markets Business and he will be part of
the Senior Management team.
Necessary details as stipulated under regulation 30 of the Listing Regulations read with the
SEBI Master Circular are provided in Annexure-“2”.
Please find the same in order.
Thanking you,
Yours faithfully,
For, Zydus Lifesciences Limited
Dhaval N. Soni
Company Secretary and Compliance Officer
Membership No. FCS7063
Encl.: As above
Annexure-"1"
Date: October 31, 2026
Dr. Sharvil P. Patel
The Managing Director
Zydus Lifesciences Limited
Subject: Resignation
Dear Sir,
I hereby tender my resignation from my position with Zydus Lifesciences Limited with a
request to be relieved on November 7, 2026.
My association with Zydus has been professionally enriching and personally rewarding. I am
deeply grateful for the opportunities, trust, support, and guidance extended to me during my
tenure with the Company. Working alongside exceptional colleagues and contributing to the
growth and success of the organization has been a matter of immense pride and satisfaction.
I take this opportunity to express my sincere appreciation to you and the leadership team for
your encouragement and confidence in me over the years.
The experience and learning gained at Zydus will remain invaluable throughout my
professional journey. I wish Zydus Lifesciences Limited continued growth, success, and global
recognition in the years ahead.
Thank you once again for the opportunity to be a part of this remarkable organization.
Yours sincerely,
Dr. Amrut Naik
Annexure-“2”
Sr. Particulars Resignation Appointment
1. Name Dr. Amrut Naik Mr. Christoph Stoller
2. Reason for change viz. Resignation Appointment
appointment, re- appointment,
resignation, removal, death or
otherwise;
3. Date of appointment / re- Not applicable Date of appointment:
appointment / cessation (as November 2, 2026
applicable) & term of
appointment / re-appointment; Term of appointment: full time
employment
4. Brief profile (in case of Not applicable Attached as Annexure-“3”.
appointment)
5. Disclosure of relationship Not applicable Not applicable
between directors (in case of
appointment of a director)
For, Zydus Lifesciences Limited
Dhaval N. Soni
Company Secretary and Compliance Officer
Membership No. FCS7063
Annexure-“3”-Brief profile of Mr. Christoph Stoller
Mr. Christoph Stoller is a highly accomplished Swiss pharmaceutical industry leader with more
than 30 years of global experience in branded pharmaceuticals, specialty medicines, biologics,
biosimilars, generics, OTC products, and innovative therapies. He has held CEO, President,
Board, and Global Business Leadership roles across Europe, Emerging Markets, LATAM, and
APAC.
Educational qualification:
Degree in Business Administration, Economics, Law, and Social Sciences from the University
of St. Gallen, Switzerland, one of Europe's most respected business schools.
Previous role
President & Business Head (EMEA, LATAM & APAC) at Glenmark Pharmaceuticals.
Member of Glenmark's Global Leadership Team.
Leading approximately 2,000 employees across 80 countries with P&L responsibility
exceeding USD 750 million.
Major Career Highlights
Doubled European revenue at Glenmark from approximately USD 200 million and
significantly improved EBITDA performance.
Led commercialization and expansion of innovative products across international
markets.
Member of Glenmark's AI Steering Committee driving business transformation
initiatives.
Previous leadership roles
Teva Pharmaceuticals (2011-2021)
Senior Vice President & Cluster General Manager, Germany & Austria.
Senior Vice President, Generics & Commercial Operations Europe.
Managed businesses with up to USD 2 billion P&L and around 2,700 employees.
Led the European integration of Teva's acquisition of Actavis.
Delivered major profitability improvements, market access initiatives, and large-scale
transformation programs.
Helvepharm AG
CEO and member of the Executive Committee of Zur Rose Group.
Successfully transformed the company from a loss-making business into a highly
profitable organization with strong value creation.
Earlier Career
Leadership roles at Roche Pharma, DSM Nutritional Products, and Swiss Re.
Industry Leadership & Governance
Former President of Medicines for Europe (2019-2021), the leading European
association representing generic and biosimilar medicine companies responsible for
supplying approximately 70% of medicines in Europe.
Held Vice President and Executive Committee positions within the same organization.
Former Vice Chairman of Progenerika (Germany) and Board Member of Intergenerika
(Switzerland). Education.