Cipla appoints HSBC's Naina Lal Kidwai as independent director

Pharmaceutical major Cipla has announced the appointment of HSBC india CEO Naina Lal Kidwai as an independent director on its board effective 6 November 2015.

Until recently Kidwai was executive director on the board of Hongkong and Shanghai Banking Corporation Limited (HSBC) and was chairman of HSBC India.

She is non-executive director on the board of Nestle SA and member of the audit committee and the chairman's and corporate governance committee for asset liability management.

She is also a global advisor Harvard Business School and chairman of its South Asia advisory board.

She received the Padma Shri Award in 2007 from the government of India for her contribution to trade and industry.

Dr Y K Hamied, non-executive chairman, Cipla said, ''We are delighted to have Kidwai join the board of Cipla. We will benefit immensely from her exemplary business leadership and corporate experience as Cipla evolves on its purpose driven mission to improve the lives of patients around the world.''