Preetha Reddy

{{Short description|Indian healthcare executive}}

{{Use dmy dates|date=November 2020}}

{{Use Indian English|date=July 2013}}

{{Infobox person

|name = Preetha Reddy

|image = Preetha Reddy at the World Economic Forum on India 2012.jpg

|caption = Preetha Reddy at the World Economic Forum on India 2012

|alma_mater = Stella Maris College, Chennai, University of Madras

|nationality = Indian

|occupation = Vice Chairperson, Apollo Hospitals

|father = Prathap C. Reddy

|relatives = {{ubl|

| Sangita Reddy (sister)

| Shobana Kamineni (sister)

}}

}}

Preetha Reddy is the vice chairperson of Apollo Hospitals, one of the largest healthcare conglomerates of India. In September 2012, she was elected to the board as independent director of Medtronic - a med tech firm.

Early life and education

Growing up, Reddy would visit her father's hospital and observe his work.{{cite web |title=The daughter who could take over the reins at Apollo |url=https://www.business-standard.com/article/companies/the-daughter-who-could-take-over-the-reins-at-apollo-114071401141_1.html |website=Business Standard|accessdate=17 November 2019 |date=14 July 2014}} She obtained her Bachelor of Science degree in chemistry from Madras University and master's degree in Public Administration from Annamalai University.{{cite web |title=Preetha Reddy: Healing touch |url=https://www.business-standard.com/article/specials/preetha-reddy-healing-touch-111012400130_1.html |website=Business Standard|accessdate=17 November 2019 |date=20 July 2013 |quote=e chemistry graduate from the University of Madras who also has a post graduate degree in Public Administration got down to business}}{{cite web |author1=Trushna Udgirkar |author2=Sai Deepika Amirapu |title=Preetha Reddy to take the reins at Apollo |url=https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/preetha-reddy-to-take-the-reins-at-apollo/articleshow/4629259.cms?from=mdr |website=The Economic Times|accessdate=17 November 2019 |date=8 July 2009}} She married her husband while in college and her father invited her to work at Apollo Hospital after her sister Shobana moved to Hyderabad.{{cite web |last1=Varadarajan |first1=Nitya |title=Preetha Reddy: Healthcare queen |url=https://www.businesstoday.in/magazine/features/preetha-reddy-healthcare-queen/story/4347.html |website=businesstoday.in |accessdate=17 November 2019 |date=12 July 2009}}

She has three sisters, Suneeta Reddy, Sangita Reddy, and Shobana Kamineni, who are all serving as Directors in Apollo Hospitals. Their father, Prathap, founded Apollo in 1983 and the family still owns 34 percent of the company.{{cite web |last1=Gupta |first1=Anish |title=How Preetha does it |url=https://www.fortuneindia.com/people/how-preetha-does-it/100764 |website=fortuneindia.com |accessdate=17 November 2019 |date=5 November 2012}}{{cite web |title=Apollo Hospitals, a $2 billion health empire run by four sisters, makes a comeback |url=https://www.livemint.com/Companies/TVKn84bevLrCNfGD7cK3gO/Apollo-Hospitals-A-2-billion-health-empire-run-by-four-sis.html |website=livemint.com |accessdate=17 November 2019 |date=21 November 2018}}

Career

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Reddy joined Apollo Hospitals as a joint managing director in 1989, before being promoted to managing director. Under her direction, the hospital increased the number of beds it housed and helped Apollo Hospital gain its quality certification.

In 2012, Reddy was elected to the board as independent director of medical technology company Medtronic.{{cite web |author1=ARUNDHATI PARMAR |title=Medtronic turns eye to India with new board member and $6 million grant |url=https://medcitynews.com/2012/09/medtronic-turns-its-eyes-to-india-with-new-board-member-and-6-million-grant/ |accessdate=17 November 2019 |date=24 September 2012}} Two years later, Reddy succeeded her father as executive vice-chairperson of Apollo Hospitals.{{cite web |author1=Jasleen Kaur Batra |title=Apollo Hospitals shuffles top management among Reddy sisters |url=https://www.vccircle.com/apollo-hospitals-shuffles-top-management-among-reddy-sisters/ |website=vccircle.com |accessdate=17 November 2019 |date=2 July 2014}}

Awards and recognition

  • ET Awards' Businesswoman of The Year{{Cite news|title=ET Awards' Businesswoman of The Year: Preetha and Suneeta Reddy make their mark fair & square|work=The Economic Times|url=https://economictimes.indiatimes.com/news/company/corporate-trends/preetha-reddy-and-suneeta-reddy-sisters-reddy-make-their-mark-fair-square/articleshow/80741789.cms|access-date=2021-12-02}}
  • Healthcare Personality of the Year Award{{Cite web|date=March 11, 2020|title=Suresh Vazirani Wins Iconic Personality of the Year Award - Times of India|url=https://timesofindia.indiatimes.com/suresh-vazirani-wins-iconic-personality-of-the-year-award/articleshow/74570654.cms|access-date=2021-12-02|website=The Times of India|language=en}}

References

{{Reflist}}

Further reading

  • {{cite book |first1=Nichinta |last1=Amarnath |first2=Debashish |last2=Ghosh |title=The Voyage To Excellence: the Ascent of 21 Women Leaders of India |year=2005 |publisher=Pustak Mahal |url=https://www.google.com/search?q=isbn:8122309046 |isbn=978-81-223-0904-1 |chapter=Preetha Reddy: Touching Lives|pages=96–109}}

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{{DEFAULTSORT:Reddy, Preetha}}

Category:1957 births

Category:Living people

Category:Businesspeople from Andhra Pradesh

Category:Telugu people

Category:Annamalai University alumni

Category:Indian businesspeople in the healthcare industry

Category:Stella Maris College, Chennai alumni

Category:Indian women business executives

Category:Indian business executives

Category:21st-century Indian businesswomen

Category:21st-century Indian businesspeople