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Biocon’s Kiran Mazumdar-Shaw identifies successor

Kiran Mazumdar-Shaw, Executive Chairperson, Biocon Ltd, has set in motion a succession plan for the biotechnology company and has named her niece Claire Mazumdar as her chosen successor.

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Shaw has mentioned this in her interview with Fortune India.

“Not planning to hang up my boots for a while! Claire will gradually transition into my role in time,” Shaw said in a post on X.

Shaw a first generation entrepreneur founded Biocon in 1978. She started her biotech journey in 1978 from her garage in India.

Claire Mazumdar is the founding CEO of Bicara Therapeutics, a Nasdaq listed company.

Also read: https://industrialeconomist.com/major-leadership-rejig-at-biocon/

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