Parag Milk Foods Ltd., a dairy and nutrition-focused FMCG company based in India, has announced the appointment of Mr. Amitabh Mukhopadhyay and Mr. Milind Anil Patil as Independent Directors to its Board.
The appointments come as the company continues its efforts in innovation and sustainability. Both Mr. Mukhopadhyay and Mr. Patil bring extensive experience in leadership and finance from various sectors.
Mr. Amitabh Mukhopadhyay has over 35 years of experience with organisations including the Tata Group and Thermax. A Chartered Accountant and Law graduate, he has served as President and Group CFO at Tata AutoComp Systems, Business Head and Group CFO at Thermax Limited, and Managing Director & CEO at IFB Agro Industries. He currently sits on the boards of Quick Heal Technologies, Foseco India, Heubach Colorants India, and Sanghvi Movers. He also heads a strategic advisory firm focusing on M&A, post-merger integration, and business transformation, and mentors several startups.
Mr. Mukhopadhyay said: "I have always admired Parag Milk Foods’ unique blend of legacy and innovation. In an industry that’s evolving rapidly, the company’s strategic focus on value-added nutrition and sustainable practices positions it for long-term impact. I look forward to contributing to strengthening financial stewardship and board governance as it scales new frontiers."
Mr. Milind Anil Patil has close to four decades of experience in the pharmaceutical and healthcare sectors. He retired in 2024 as Regional Finance Lead – Emerging Asia and CFO & Executive Director (India) at Pfizer. He has previously held roles at Siemens, Novartis, Johnson & Johnson, Parke-Davis/Warner Lambert, and Ciba-Geigy. An FCA and alumnus of executive programmes at Harvard Business School and the Tuck School of Business, Mr. Patil has received recognition including the FE CFO of the Year (2022) and CA CFO – Healthcare Sector Award (2015). He currently serves as an Independent Director at Rubicon Research and Advagen Pharma, and advises Themis Medicare Ltd.
Mr. Patil said: “I am excited to join Parag Milk Foods at a time of such dynamic opportunity. I look forward to supporting the leadership team in strengthening financial discipline, accelerating innovation, and driving long-term stakeholder value.”
Ms. Akshali Shah, Executive Director, Parag Milk Foods Ltd., said: “We are delighted to welcome Mr. Mukhopadhyay and Mr. Patil to our Board. Their combined experience in corporate finance, strategy, compliance, and governance will significantly strengthen our decision-making processes. As we evolve into a global nutrition powerhouse, their insights and leadership will help us navigate new opportunities, mitigate risks, and drive long-term stakeholder value.”
Parag Milk Foods stated that these appointments reflect its focus on governance and long-term planning.
