Pankaj Patel Cadila Healthcare

Forbes India has announced a list of 100 richest person of India 2017. Pankaj Ramanbhai Patel is on no. 5.9 with net worth of Rs. 5.9 billion at age of 64. He is born 195. Pankaj Patel  is an Indian billionaire businessman. He is the chairman and managing director of Cadila Healthcare, This Company is fifth largest pharmaceutical company in India.

Early life

Pankaj Patel is a Gujarati. Patel holds Bachelor of Pharmacy and Master of Pharmacy degrees from Gujarat University, as well as a BA in Science and Law from the University of Mumbai

Career

In 2017, he became the president of FICCI He is the chairman of the board of governors of the Indian Institute of Science Education and Research, IISER, Kolkata and Indian Institute of Technology (IIT) Bhubaneswar; a member of the Board of Governors and also the chairman of the Finance Committee of the Indian Institute of Management, Ahmedabad; Chairman of IIM Udaipur; member Governing Board of The Ahmedabad University, Chairman of School of Life Sciences, Ahmedabad University; member of the Board of Management of the Narsee Monjee Institute of Management Studies and executive chairman, vice president and trustee of the Gujarat Cancer Society and chairman of the Gujarat Cancer and Research Institute.

Patel was named the “Best Pharma Man of the year 2003” by the Foundation of Indian Industry and Economists  in recognition of the growth of Cadila under his leadership. At that time, Patel predicted that Zydus Cadila would become the third-largest pharmaceutical company in India by 2005. However, the company’s fortunes were reversed and Patel fell out of the list of richest Indians by 2005.

He is the chairman of Zydus Hospitals, a large chain of hospitals in Gujarat.

Personal life

He is married to Priti Patel, a daughter of Dr B D Patel. They have two children. Their son Dr Sharvil Patel is deputy managing director of Cadila Healthcare Ltd, and is married to Meha. Their daughter Shivani is married to Pranav D Patel, son of Dushyant D Patel.

In August 2012, Patel, along with Dinesh Patel, the chairman of Sintex Industries, purchased a Challenger-604 jet.

 

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