November 14, 2018

Bayer announces new leadership for South Asia

Duraiswami (D) Narain appointed as Senior Bayer Representative for South Asia / Simon-Thorsten Wiebusch appointed as Chief Operating Officer for the Crop Science Division of Bayer in India, Bangladesh & Sri Lanka

Mumbai, November 14, 2018: Duraiswami (D) Narain has been appointed as the Senior Bayer Representative for South Asia and Vice Chairman & Managing Director for Bayer CropScience Limited, with effect from December 1, 2018. He succeeds Richard van der Merwe, who will retire from Bayer after a 33 year-long tenure spanning several global markets.

In his new role, D Narain will be based in Mumbai and will also be responsible for Bayer’s Global Smallholder Farming initiative, which aims to provide holistic and innovative solutions for smallholder farmers in developing economies to enable them to grow their farms into sustainable businesses.

D Narain started his career in Monsanto in 1998 in India and went on to handle various international and global roles. He has more than three decades of global experience in the agriculture sector. Most recently, he held the role of Vice President & Treasurer at Monsanto, based at the company’s global headquarters at St. Louis in USA.

In June 2018, Bayer completed the USD 63 billion acquisition of Monsanto to create the world's biggest agrochemical and seed company. In India, both Bayer and Monsanto are listed entities. The legal process for the integration of both entities has been initiated and is expected to be completed in approximately one year, subject to requisite approvals.

“Bayer is commited to support India’s growth story by bringing in world-class technologies and delivering trusted innovations in Crop Protection, Seeds, Environmental Science, Animal Health and Pharmaceuticals. Bayer has been in the country for more than 120 years and our purpose: 'Science For A Better Life' guides us in advancing health and nutrition for India’s growing population. Together with our partners, we are developing innovative solutions and will continue to maintain our strong customer focus,” says D.Narain.

Bayer has also appointed Simon-Thorsten Wiebusch as the Chief Operating Officer for the Crop Science Division of Bayer in India, Bangladesh & Sri Lanka. Simon has more than two decades of experience in markets across Eastern Europe and Asia. Prior to this, Simon was the Chief Executive Officer for Bayer’s Crop Science Division in South East Asia and was based in Thailand.

About Bayer
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2017, the Group employed around 99,800 people and had sales of EUR 35 billion. Capital expenditures amounted to EUR 2.4 billion, R&D expenses to EUR 4.5 billion. For more information, go to www.bayer.com

Media Contact
Saswati Panigrahi
Crop Science Communications, Bayer Group in India
Tel. +9122-25311097
E-mail: saswati.panigrahi@bayer.com

Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.