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DRIVIN G ROWTH - Dr. Reddy's

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non-executive, independent Additional<br />

Director. He is the Ross Graham Walker<br />

Professor of Business Administration at the<br />

Harvard Business School. He holds the titles<br />

of Senior Associate Dean and Director of<br />

Research. Professor Palepu has a Masters<br />

degree in physics from Andhra University,<br />

an MBA from the Indian Institute of<br />

Management, and a PhD from the<br />

Massachusetts Institute of Technology. He<br />

is also a recipient of an honorary MA from<br />

Harvard, and an honorary Doctorate from<br />

the Helsinki School of Economics. Professor<br />

Palepu teaches finance, control, and<br />

strategy in Harvard’s MBA and Executive<br />

programs. He has published numerous<br />

research papers is also the co-author of<br />

‘Business Analysis & Valuation: Text and<br />

Cases’. He serves as consultant to a wide<br />

variety of businesses, and is on the boards<br />

of the following companies:<br />

1. Vision Computers Inc.<br />

2. Enmed Inc.<br />

3. Exeter Group Inc.<br />

Anupam Puri retired at end of 2000 from<br />

McKinsey & Company after a 30 year<br />

career at the leading management<br />

consulting firm. Since joining the firm in<br />

New York in 1970, he worked extensively<br />

on public policy issues with both<br />

governments and multilateral development<br />

agencies and with companies all over the<br />

world. Mr. Puri has participated in the<br />

reorganisation of several multilateral<br />

agencies, including the OPEC Secretariat,<br />

the Asian Development Bank, the European<br />

Bank for Reconstruction and Development,<br />

the World Bank, the UN Development<br />

Program, the UN Fund for Population<br />

Activities, and the European Economic<br />

Commission. He has advised companies<br />

based in the U.S., Europe, Japan, Latin<br />

America and India primarily on issues of<br />

strategy and organisation. He holds a BA in<br />

Economics from St. Stephen’s College, Delhi<br />

University, and a MA and M.Phil degrees<br />

from Oxford University. He has been a<br />

board member of several non-profit<br />

institutions in the fields of social<br />

entrepreneurship and international relations.<br />

He is also director in these companies:<br />

1. Godrej Consumer Products Ltd.<br />

2. HCL Technologies Ltd.<br />

3. ICICI Bank Ltd.<br />

4. Mahindra & Mahindra Ltd.<br />

P N Devarajan was appointed as Director<br />

on the Board of <strong>Dr</strong>. Reddy’s on October 30,<br />

2000. He serves as a member on the<br />

Planning Board of Madhya Pradesh,<br />

chairman of research at the Council of<br />

DR. REDDY’S LABORATORIES LTD. | CORPORATE GOVERNANCE | ANNUAL REPORT 2001-2002<br />

83

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