GV Prasad new chairman of Dr Reddy's Labs

Dr. Reddy's Laboratories board has appointed GV Prasad as chairman and CEO of the company. GV Prasad is currently the vice chairman and CEO of the pharma company.

Satish Reddy has been named vice chairman of the Dr. Reddy's Laboratories. He will hold the position in addition to his present role of managing director and COO.

The appointments follow the company's promoter and Chairman K Anji Reddy passing away on March 15.