AtulSobti, boss of Ranbaxy, an Indian generics firm bought last year by Daiichi Sankyo, a Japanese pharmaceutical giant, offers a different reason for scepticism.
Ranbaxy's board, which met Sunday in New Delhi, named Tsutomu Une, a senior Daiichi executive and a director on Ranbaxy's board, as chairman and elevated AtulSobti, Ranbaxy's chief operating officer since 2007, to CEO and managing director.