Fortis Healthcare appoints Prem Kumar Nair as Vice-Chairman of Board
New Delhi: Fortis Healthcare Limited appointed Prem Kumar Nair as the Vice-Chairman of the board of the company on Friday.
According to a PTI report, the company's board has approved the appointment of Nair as the Vice-Chairman of the board of the company, Fortis Healthcare said in a regulatory filing.
He was appointed Group Chief Executive Officer of IHH Healthcare on October 1, 2023.
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The company's board also recommended the re-appointment of Ashutosh Raghuvanshi as the Managing Director for a period of two years effective from March 19, 2025, the healthcare major said, news agency PTI reported.
IHH Healthcare had pipped rival Manipal-TPG combine in the race to acquire Fortis Healthcare.
Medical Dialogues team had earlier reported that Fortis Healthcare plans to invest up to Rs 1,300 crore in expanding capacities at its existing hospitals over the next few years, according to a senior company executive. The healthcare provider aims to add approximately 2,200 beds during this period.
"So, some of the capex has already been incurred in that (addition of bed capacity).
"Additional capex will be somewhere around Rs 1,200 crore to Rs 1,300 crore, which includes equipment also, everything put together," Fortis Healthcare CFO Vivek Goyal said in an analyst call.
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