PharmEasy parent API Holdings appoints five independent directors

PharmEasy parent API Holdings appoints five independent directors

The new appointments bring cognitive diversity to the board, said the company.

PharmEasy

Mumbai: API Holdings Ltd, the parent company of digital healthcare brand PharmEasy, on Monday announced the appointment of five independent directors to its board, in line with the highest standard of corporate governance.  

The new appointments bring a great amount of cognitive diversity to the board, with luminaries from the world of public service, technology, pharma, medical fraternity, and the consumer sector, the company said in a statement.

The five new independent directors are: Former revenue secretary Vineeta Rai, Titan Company Ltd retired CFO Subramanian Somasundaram, Livspace founder and COO Ramakant Sharma, Federation of Obstetric and Gynaecological Societies of India secretary general Jaydeep Tank and private equity veteran Deepak Vaidya.

“We are delighted to welcome such eminent personalities to our board. This is yet another step in our journey of being the best in class of corporate governance and lead the way for times to come," said API Holdings co-founder & CEO Siddharth Shah. "The diversity will help us provide integrated, digital healthcare solution across the length and breadth of India benefiting all stakeholders."

"With the diverse experience of our board, our platforms will continue to significantly invest to improve access to affordable healthcare. We remain resolute in our mission to offer affordable healthcare across every single zip-code of India, be it consultation, tests of treatment within a 24-hour TAT, and contribute to the Indian healthcare ecosystem," Shah added.