Mr. Mark Daly

Regional CFO

Mark has been with the Cipla Group for more than 11 years with more than 10 of those years in a FD / CFO role. Currently Mark is serving as the Regional CFO (including South Africa, East Africa Private Market and our Global Access Business). The current role entails:

  • Being a business partner to the CEO, co-owning the region’s P&L & financial performance and directly contributing to Business Planning & Profitability;
  • Governance, Compliance including Accounting, Cash Flow Management, Company Secretarial, Tax, Manufacturing Finance, Shared Services (Receivables/Payables) and Procurement etc. at a strategic and operational level for SA and SSA; and
  • Business Intelligence (not a traditional finance role) and IT.

Within Cipla Mark has also held the positions of:

  • CFO and executive director of the listed entity before Cipla Medpro was sold to Cipla Limited (India) [Mark was integral in the sale of the business and de-listing process]
  • Financial Director at the manufacturing facility in South Africa
  • Company Secretary when the company was listed

Mark is a chartered accountant and holds a B.Com Honours degree in accounting from the University of Natal, Pietermaritzburg. Previously Mark held managerial roles in the Corporate Finance and Auditing departments of one of the Big 4 Accounting Firms and had 2 short stints working abroad (London and Mozambique).