The executive VP of Cipla, on the leadership lessons that have helped her over the last decade
Representing the third generation of Indian pharmaceutical major Cipla’s founding family, Samina Hamied comes from a non-pharma background, and has climbed the leadership ladder to become the executive vice-chairperson of the company. She’s also the executive vice president of Indian Pharmaceutical Alliance.
From joining the company when it was going through a huge transformation to doing its first-ever M&A transaction, Hamied shares her experience with Forbes India. Edited excerpts:
1) On a career in banking and finance before pivoting to pharma
I went to my masters at the London School of Economics. And the next step was trying to get a job. I really wanted to work outside the family business. So from finance, I went into banking. And I spent four years at Goldman [Sachs] before I decided to come back to Cipla. Working outside the family business, there is no safety net. You walk into work, and every single day, you need to prove yourself. I liked the anonymity. I liked the fact that it was non-familiar, and no one judged you for what your last name was or who you were. They judged you for what you delivered every single day. And that teaches you a work ethos like none other. Banking was very challenging, very different culture working across London and New York. So that learning always sticks with you. You operate on those first principles now in any environment. Whether it's something in the personal domain or the professional domain, I always apply those first principles that I picked up right at the head of my career.
2) On finding her feet in the pharma sector