StockWatch
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Pharmaceuticals
Management Change23 Jul 2026, 10:30 am

Sanofi India CFO Rachid Ayari to Step Down on Sep 30

AI Summary

Sanofi India Ltd announced that Mr. Rachid Ayari will be stepping down as Whole Time Director, Chief Financial Officer, and Key Managerial Personnel effective September 30, 2026. This change is due to his transition to another role within the Sanofi group. Mr. Ayari will also cease to be Senior Management Personnel and a member of the Risk Management Committee. The company expressed its appreciation for his contributions and is actively seeking a suitable replacement for the CFO position, who will also be designated as a Key Managerial Personnel. The appointment of the new CFO will be communicated to the stock exchanges in due course.

Key Highlights

  • CFO Rachid Ayari resigns effective September 30, 2026.
  • Reason for resignation is a transition to another role within Sanofi.
  • Company is actively searching for a new CFO.
  • Appreciation extended for Mr. Ayari's contributions.