Meet woman who holds key role in Rs 1,01,000 crore company, niece of billionaire with Rs 20,740 cr net worth

Samina Hamied is the Executive Vice-Chairperson of Cipla, an Indian multinational pharmaceutical company. Samina joined the Mumbai-based firm in 2011 as a member of the management team.

She is the niece of Yusuf Hamied, non-executive Chairman of Cipla. Yusuf Hamied has a real-time net worth of Rs 20,740 crore, according to Forbes. Cipla was founded in 1935 by his father Khwaja Abdul Hamied.

She has worked in the UK and the US with leading global firm Goldman Sachs before joining Cipla. She holds an MSc degree in International Accounting and Finance from the London School of Economics and Political Science. 

She was appointed as an Executive Director of Cipla in 2015. Subsequently, she was elevated as the Executive Vice-Chairperson in September 2016. The company has a market capitalisation of Rs 1,01,000 crore as of September 11, 2023. The share price of Cipla on NSE was Rs 1,247.90 on Monday.

Hamied has played a key role in successfully incubating and shaping Cipla Health Limited, and spearheading Cipla’s ambitious foray into the US market with strategic acquisitions. Her father MK Hamied is a non-executive Vice-Chairman of the company. In 2018, Forbes named Ms. Hamied in their list of top 25 emergent women business leaders in Asia. She has also been named in 2018, 2019 and 2021 - Fortune India most powerful women in business.

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