Sun Pharma Chairman Israel Makov to retire on August 29

Sun Pharmaceutical Industries on Wednesday said its Chairman Israel Makov will retire from the company on August 29. Makov has led the Mumbai-based pharma major for 10 years. "Makov has played a significant role in the company's global expansion...He guided the company into its next phase of growth with focus on innovation," Sun Pharma MD Dilip Shanghvi said.