Vijay Shah is an Executive Director on the Board of Piramal Enterprises, Director of Piramal Glass and Chairman of Piramal Glass Ceylon Plc., Srilanka. He has been associated with the Piramal Group for over 29 years, and has successfully spearheaded many businesses and companies.
Vijay joined the Piramal Group in 1988. He initiated the Strategic Planning function in Piramal Enterprises. He took over as Managing Director of Gujarat Glass Limited in September 1992. The Company became a dominant player in the Indian Pharma packaging market with 40% market share and commanded a premium pricing. With the success of building a business and turning around a loss-making company, Vijay was put in charge of a completely diverse business of Pharmaceutical Formulations in India. He then took over as the Executive Director and Chief Operating Officer of Piramal Healthcare in 2000. During the period, the Company moved from rank 23 to rank 4 in the Indian pharma industry with several acquisitions, and created the largest field-force in Indian pharmaceutical market with 3,500 people, spanning across 10 divisions and four businesses.
He was involved in a number of acquisitions and handled post acquisition integration, along with heading the healthcare vertical, which the included Pharma Solutions and Critical Care businesses. In October 2005, Vijay aided the acquisition of the loss-making Glass Group's Cosmetic and Perfumery business in USA and he once again took charge of Piramal Glass Limited as its Managing Director, successfully turning around a bankrupt company in the US acquisition, despite the recessionary trend.
With effect from 1st January, 2012, Vijay took charge as Executive Director & Chief Operating Officer of Piramal Enterprises Limited, in charge of Pharma Solutions and Critical Care. In January 2014, he was appointed as the Chairman of the Pharma Operations Board of Piramal Enterprises Limited.
He is a Commerce Graduate and a rank holder from the Institute of Chartered Accountants of India. He has completed his Management Education Programme from IIM, Ahmedabad and Advanced Management Program (AMP) from the Harvard Business School.
Chairman, Piramal Group & Shriram Group
Executive Director, Piramal Enterprises Ltd.
Managing Director, Piramal Finance Ltd.
Managing Director, Piramal Housing Finance Ltd
CEO, Pharma Solutions, Piramal Enterprises Ltd
President & Chief Operating Officer - Consumer Products, Piramal Enterprises Ltd.
IT Head, Piramal Group
CEO, Critical Care, Piramal Enterprises Ltd.
Managing Director, Imaging
Group Director – Strategic Business
CEO, Decision Resources Group
Managing Director, Piramal Bain Resurgence Fund
Executive Director, Piramal Group
Executive Director, Piramal Housing Finance Ltd
CEO, Piramal Foundation