September 02, 2024, New Delhi: Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and innovation, today announced the appointment of Bharath Sesha as Managing Director for the Philips Indian subcontinent, effective September 1, 2024.
In this role, Bharath will spearhead Philips’ growth strategy in India, with a strong focus on enhancing customer satisfaction and driving operational excellence. He will manage the Healthcare business headquartered in Gurgaon, and hold responsibility for Philips’ Licence to Operate in India, which includes the Philips Innovation Campus (PIC) in Bangalore, the Healthcare Innovation Centre (HIC) in Pune, and Global Business Services (GBS) in Chennai.
Bharath succeeds Daniel Mazon, who was Vice Chairman and Managing Director for the Philips Indian Subcontinent until April 1, 2024 and has since taken on a global role at the Philips headquarters in Netherlands.
Bharath is a seasoned leader with over two decades of global experience, bringing a profound understanding of the Indian market, particularly within the pharmaceutical and chemical industries. His expertise spans strategic leadership, business development, and operational excellence. Prior to joining Philips, he served as Managing Director at Heubach Colorants India Ltd., Renowned for his ability to inspire and lead teams toward achieving world-class performance, he consistently delivers results while driving innovation. He holds a Master’s degree in International Management from the Thunderbird School of Global Management and an MBA from the Institute for Technology & Management (ITM).
Commenting on his new role, Bharath said, “I am thrilled to join Philips and contribute to our mission of improving healthcare accessibility and affordability in India. I look forward to working with our talented team to bring our innovative technologies to address India’s unique healthcare needs. We will continue to collaborate with our partners and stakeholders to enhance our impact on the lives of millions by expanding access to quality care.”
Philips’ ongoing investments in India have been instrumental in solidifying the brand’s position as a leading Healthtech innovator, while also enhancing its presence across the country. Key initiatives such as the new Philips Innovation Campus (PIC) in Bangalore in 2023 and announcement of a new R&D campus at the Healthcare Innovation Center (HIC) in Pune in 2024, have significantly strengthened the company’s operational footprint. These efforts have not only driven technological advancements but have also propelled India to the forefront of healthcare innovation and research.