Sometime ago Bank of America made news by appointing India’s richest man (and major BofA client) Mukesh Ambani to its board of directors. Now a top medical device company, Medtronic has named Preetha Reddy, managing director of Apollo Hospitals Enterprise Ltd.,a division of India’s premier hospital chain Apollo Group, as a board member. Preetha is the eldest daughter of Apollo founder Dr. Prathap Reddy, read more about her here.
That same day Medtronic also showed that it wants to do more than just business in India by announcing that the company is providing a $6 million grant over five years to speed up programs designed to increase access to cardiovascular and diabetes care for Indian patients who cannot easily get the care they need.
