CFO – Listed, Marquee Biopharma Major
Mandate Outline
The client is a publicly listed and iconic, Indian pharma major, with several firsts to its credit. The client was seeking to hire a CFO who can work with the Professional CEO and the Promoter to drive further growth and globalization.
In the recent past, the firm had undergone structural changes that made it sharply focused and the need thus, was to work with the other parts of the business to leverage them but grow the business independently. Internal plans had identified the potential for a 3x growth over the next 5 years, accompanied by profitability growth. The CFO was expected to be very high on business partnering and business acumen, as newer growth decisions (e.g., new market entry, investments in R&D) are made. Given the high governance standards and the independent authority of the Board of Directors, the firm desired to hire a heavy hitter who will bring high business partnering skills and high leadership quotient.
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