Pharmaceutical company Pfizer India has appointed Pradip Shah as the chairman of its board following the resignation of R A Shah on February 3, PTI reported on Monday.

"With Pradip Shah's elevation as the chairman, the firm will work closely with him on matters of strategic importance. He had earlier been contributing to the board for many years as a financial expert,” said S Sridhar, the managing director of the company, announcing the appointment. Sridhar also thanked the outgoing chairman Shah.

Pradip is the ex-managing director of CRISIL, India’s first and the largest credit rating agency. Prior to founding CRISIL, he assisted in founding the Housing Development Finance Corporation (HDFC) in 1977.

He has also served as a consultant to USAID, the World Bank and the Asian Development Bank.

Pradip is a director on the board of several reputed companies. He is also a member of various prestigious committees/commissions. He is presently the Chairman of Indasia Fund Advisors.

He holds an MBA from the Harvard Business School and is also a chartered accountant and a cost accountant.