Drug firm Merck today appointed Anand Nambiar as its new Managing Director in place of Dr Claus-Dieter Boedecker who resigned from the company. "Claus-Dieter Boedecker, Managing Director of the company, has submitted a letter to the Board resigning from the office of Director and Managing Director of the company due to his desire to relocate himself to his home country in Germany."

Read the Economic Times news report here.