Bangalore, July 13, 2010: Stempeutics Research Private Limited, a group company of Manipal Education and Medical Group (MEMG) and a leading stem cell company developing stem cell-based medicinal products in India, has promoted Mr BN Manohar, formerly President as the Chief Executive Officer of the company.

Commenting on his appointment Mr Manohar, CEO, Stempeutics, said, “I have been associated with Stempeutics for a long time. Being a part of the strong leadership team, I look forward to working with them to develop and bring the first stem cell product to the market and help execute the whole range of activities in which we operate.” He will continue to be responsible for leading, developing; and implementing Stempeutics strategies, which will shape future business delivery and also contribute to the achievement of the company’s strategic and financial objectives. 

Manohar joined MEMG in 2002 as Chief Executive Officer of Manipal Infocom, a BPO Organization of MEMG. He made a significant contribution to the migration of the call center business into Manipal – Omega Healthcare BPO JV.

He has handled multiple roles in MEMG as CIO and Chief Executive of Strategic Projects, In April 2006, he was appointed as Chief Executive of Manipal Universal Learning, where he was responsible for establishing and propping up the new education services business consisting of online Assessment and testing business, vocational education business, engineering twinning education program and e-content development.

A engineering graduate from Regional Engineering College, Trichy, Tamil Nadu, India, in 1977 and a ME graduate from Guindy Engineering College, University of Madras, India, in 1979, Mr Manohar went on to enter the Indian Government Services. He served in Overseas Communication Services and Defense R&D organization for four years.