Abbas Hussain swings from top GSK pharma post to powerhouse Chinese private equity player C-Bridge
Near the beginning of this year Abbas Hussain announced plans to leave his role as GlaxoSmithKline’s pharma chief, handing over the job to Luke Miels as new CEO Emma Walmsley began to assemble her own top team. And now Hussain has landed at C-Bridge Capital, a powerhouse Chinese private equity group which has invested heavily in some prominent Asian biotechs.
Hussain spent eight years at GSK, building the pharma giant into the lead volume operation in the drug industry and rolling out a quota-free sales model in dozens of countries around the world. He started as emerging markets chief, with a big role in cleaning up a bribery scandal in China capped with a $500 million fine.
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