You are here: Home » Companies » News
Business Standard

Former HDFC Bank Managing Director Aditya Puri joins Strides Group

Former HDFC Bank managing director Aditya Puri has joined global pharma major Strides Group as an advisor and will also serve as a director of its associate company Stelis Biopharma.

Topics
Aditya Puri | Strides Pharma

Press Trust of India  |  New Delhi 

Aditya Puri, Managing Director, HDFC Bank
Aditya Puri

Former HDFC Bank managing director has joined global pharma major Strides Group as an advisor and will also serve as a director of its associate company Stelis Biopharma.

"Eminent corporate doyen joins the Strides Group as an advisor and also will be a director of its associate company, Stelis Biopharma," Science Ltd said in a regulatory filing.

Science said Puri's appointment to the Stelis board comes at an exciting juncture for the company as it transitions from its incubation phase to a consolidation and growth phase to establish itself as a partner of choice globally with the aim of bringing world-class treatments at affordable costs to patients in both emerging and developed markets.

On his appointment, Puri said the Stride Group's established parentage, global success and headstart in terms of basic infrastructure gives him the opportunity to be involved in and guide Stelis and other Group endeavours in their exciting growth story.

Arun Kumar, Founder and Chairman of the Board of Strides, said: I am delighted to welcome Aditya as our advisor and to the Stelis board. This a huge vote of confidence in the potential of Stelis. Aditya's illustrious legacy is well-known. Having nurtured HDFC Bank since inception, his deep experience will be extremely valuable for the Strides Group and Stelis in particular.

"With Stelis poised for its next leg of growth, this is the right time to expand the board, and ensure robust guidance and governance by the best possible industry minds. I look forward to working with Aditya and leveraging his expertise to take Stelis to new heights".

Puri, who led HDFC Bank since its inception over 25 years ago, retiredin October 2020, after a highly successful career which has made the bank the largest among private sector lenders.

While heading a foreign bank's operations in Malaysia in the early 1990s, Puri got an offer from Deepak Parekh of mortgage major HDFC to come back to India to start a bank in an economy which had shifted gears with liberalisation moves.

In November 2020, Puri was roped in by US-based global investment firm Carlyle Group as a senior advisor.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, January 08 2021. 10:07 IST
RECOMMENDED FOR YOU
.