P S Pai, the former executive chairman of Murugappa group has been appointed as the chairman of LifeCell India, resulting increase of strength of LifeCell Board, announced the company officials.
Welcoming P S Pai, to the Board of Directors of LifeCell, Abhaya Kumar, vice chairman, LifeCell, said, "LifeCell has always looked for professionals with proven merit and laudable vision to lead the Board. The assumption of office by P S Pai is an important milestone at this juncture in LifeCell's journey". He added that the induction of the new chairman will initiate a strategic dimension to the company's initiatives and guide LifeCell in improving the quality of life of mankind by using potential of stem cells in therapeutic applications.
Pai has worked with Union Carbide India Ltd (UCIL) at Kolkata and later contributed 23 years of steadfast service at Wipro Limited. He was initially Group President of Consumer and Lighting business of WIPRO later, served the company as it's vice chairman. In October 2002, he took over as executive chairman of the highly diversified Murugappa Group and contributed for significant growth in the consecutive years. He retired from Murugappa Group in October 2006.