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Merck MD Anand Nambiar gets new assignment in Germany

Press Trust of India  |  New Delhi 

Pharma major Merck's Managing Director Anand Nambiar has been offered a new assignment within the company in Germany.

He has been given the new role as 'Head of the Integrated Circuit Materials' business unit within KGaA's Performance Materials Business at Darmstadt in Germany, said in a regulatory filing.

Nambiar, who has accepted the offer, will continue as MD of the company till March 31, 2018, and his successor in this role will be announced in due course, the company added.

Stock of closed 1.62 per cent down at Rs 1,081.25 on the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 06 2017. 18:40 IST