Page 136 - CW E-Magazine (11-6-2024)
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       NEW LEADER

       IMCD appoints Geena Malhotra as MD for Signet

       Excipients in India

          IMCD  Group,  the  Dutch  distribu-
       tion  partner  and  formulator  of  spe-
       ciality  chemicals and ingredients, has
       appointed Ms. Geena Malhotra as
       Managing Director for Signet Excipients
       in India, effective June 1st, 2024.

          Ms. Malhotra will succeed
       Mr. Harish Shah, the founder and current
       leader of Signet Excipients who will
       embark  on  other  business  projects
       outside IMCD including an advisory
       role to Signet.

          “In her new role, Ms. Malhotra will
       lead Signet’s growth ambitions, foster-
       ing partnerships with new and existing  Chief  Technology  Offi cer  at  Cipla.  She  expertise  will  bring  Signet  further  in
       pharma customers and principals,  will be based in Mumbai and will report  the  very competitive  Indian  market,”
       driving innovation, commercial and ope-  to Dr. John Robinson, Business Group  said Ms. Valerie Diele-Braun, CEO of
       rational  excellence,” IMCD  said in a  Director of IMCD Pharmaceuticals/  IMCD Group.
       press note.                       Executive Committee Member.
                                                                             The agreement on the acquisition of
          She has over thirty-seven years of   “With  Geena  we  bring  a  highly  Signet  was  fi rst  announced  by  IMCD
       experience  in  the  pharmaceutical  in-  experienced pharmaceutical leader  in September 2020. Founded in 1986,
       dustry,  focusing  on  research  and  deve-  onboard  with  deep  knowledge  of  the  Mumbai-based  Signet  grew  from  a
       lopment,  innovation,  product  deve-  Indian pharmaceutical  market and  small  distribution  company  to  one  of
       lopment and operations. Before joining  worldwide  API  business.  Her  proven  the  leading  distributors  of  excipients
       Signet,  Ms.  Malhotra  was  the  Global  innovation capabilities and operational  in India.
       Wabag secures O&M contract for desalination plant

       in Oman


          Va  Tech  Wabag,  a  leading  water  ago and managed its O&M until 2018.  ness Development Director – GCC,
       technology fi rm, has secured an order  This  new  long-term  O&M  contract,  said, “In line with our growth strategy,
       worth approximately Rs. 850-mn from  won  against  international  competi-  this new order in Oman strengthens our
       Nama Water Services in Oman.      tion, includes managing the plant as  O&M  order  book,  providing  annuity
                                         well as the seawater intake and outfall  income, improving cash flow, and
          The  contract  involves  the  opera-  systems.                  enhancing revenue predictability.
       tion  and  maintenance  (O&M)  of  the
       Al Duqm desalination plant for a period   The plant supplies water for domes-  We thank Nama Water Services for
       of five years.                    tic  use  in  the  Duqm  and  Haima  areas  their continued confi dence in our capa-
                                         of Al Wusta Governorate.         bilities  and  technical  competence,
          Wabag  originally  constructed  this                            which has been crucial in securing this
       8-mld desalination plant over a decade   Mr. Subramaniam. M, Sales & Busi-  repeat order.”


       136                                                                     Chemical Weekly  June 11, 2024


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