Dr Reddy’s, KKR appoint Shikha Sharma as ind director

MUMBAI: Within a month of her demitting office as the head of Axis Bank, two entities – Dr Reddy’s Laboratories and KKR Thursday announced the appointment of Shikha Sharma in advisory role. Sharma’s stint was curtailed by the Reserve Bank for unspecified reasons and the third largest private sector lender is now headed by Amitabh Chaudhry. Private equity major KKR said Sharma will serve as an advisor in its corporate and real estate-focused non-bank finance arm. Sharma will advising them on areas for business growth, value-creation opportunities and strategic mergers and acquisitions, an official statement said. “We will be able to benefit from Shikhas deep expertise and counsel…(her) experience will help us expand our presence in the financing sector and build on our NBFC’s large equity base to meet the ongoing need for capital in corporate India,” CEO of KKR India, Sanjay Nayar said.