Vikesh Ramsunder: The South African Leading Australian Pharma Giant

Sigma Healthcare's market value surged 140 in one year under CEO Vikesh Ramsunder, following a 700 million merger with Chemist Warehouse Group.

Ramsunder previously led South Africas Clicks Group, expanding it to over 800 outlets and boosting market capitalization by 56.

Under his leadership, Sigma posted a 50.9 revenue rise to 2.9 billion, driven by higher volumes and efficient supply chain integration.

In the pharmaceutical industry, where success hinges on market share, innovation, and strategic partnerships, few executives have made a leap as impressive as Vikesh Ramsunder. A South African-born business leader, Ramsunder currently serves as the Managing Director and CEO of Sigma Healthcare. Under his leadership, the ASX-listed company has grown into a 20 billion powerhouse, reshaping Australias healthcare sector.

Ramsunders journey to the top of Sigma Healthcare was far from typical. It reflects a blend of strategic foresight, operational excellence, and a unique ability to scale businesses across borders. Before taking the helm at Sigma in February 2022 , Ramsunder spent nearly three decades at South Africas Clicks Group, a leading retail and pharmacy chain. His work there laid the foundation for what would become a remarkable career in global business.

Vikesh Ramsunder got his start in the retail world, where he built a strong foundation in logistics and supply chain management. He joined Clicks Group and steadily climbed the ranks, eventually being appointed CEO in 2019.

Over the course of nearly 30 years18 of them in senior leadershipRamsunder helped transform Clicks from a modest pharmacy chain into one of South Africas leading retail players. By the time he stepped down in 2021, the company had expanded to more than 800 outlets and 600 pharmacies, reaching millions of customers across the country.

Under his leadership, Clicks saw a sharp rise in value. The companys market capitalization jumped from R48 billion 2.48 billion to R75 billion 3.87 billion, and its stock price climbed 60 percent. His steady hand during the COVID-19 crisisfocusing on keeping operations running smoothly and putting customers firstearned him widespread respect inside and outside the company.