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Biocon names Shreehas Tambe CEO as Siddharth Mittal exits corner office
Leadership rejig aligns with biologics integration and wider organisational overhaul
BENGALURU: Biocon is resetting its leadership deck just as it redraws its business architecture. The Bengaluru-based biopharma firm has named Shreehas Tambe as chief executive officer and managing director, replacing Siddharth Mittal, who is stepping down from the role at the end of March.
The board approved the transition on March 27, following Mittal’s resignation on March 20. He will exit as ceo and managing director, and as key managerial personnel, at the close of business on March 31, 2026, before moving into another leadership role within the Biocon group.
Tambe, currently a senior leader within the group, will take charge from April 1 for a five-year term, subject to shareholder approval. He will also join the board as an additional director from the same date.
The leadership switch comes as Biocon folds Biocon Biologics into the parent, creating a unified structure spanning biosimilars and generics—a move aimed at sharpening scale and execution in a competitive global market.
The reshuffle runs deeper. Interim chief financial officer Mukesh Kamath will step down on March 31 to take up another group role, with Kedar Upadhye stepping in as cfo from April 1. Akhilesh Nand has been named head of governance, risk and compliance and key managerial personnel, while Naveen Narayanan will take over as chief human resources officer and Mandar Shrikant Ghatnekar as chief technology officer.
Kiran Mazumdar-Shaw, executive chairperson, framed the transition as a strategic pivot. The integration, she said, positions Biocon as a “globally scaled biopharma enterprise”. She credited Tambe with steering key milestones, including the acquisition and integration of the Viatris biosimilars business, and acknowledged Mittal’s role in shaping the company’s growth since 2013.
Tambe called the appointment an “honor and privilege”, signalling a focus on consolidating operations, strengthening the foundation and accelerating sustainable growth as biologics and generics converge under one roof.
For Biocon, this is more than a change at the top—it is a full-spectrum reset, with execution now the only metric that matters.
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Boeing appoints Barun as head of FP&A for global engineering function
Seasoned finance leader to steer budgets and strategy across global centres
BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.
Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.
In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.
Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.
The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.
His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.
A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.
His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.
