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Fortis Healthcare appoints Prem Kumar Nair as Vice-Chairman of Board

Kajal RajputWritten by Kajal Rajput Published On 2024-07-09T09:30:44+05:30  |  Updated On 9 July 2024 10:19 AM IST
Fortis Healthcare appoints Prem Kumar Nair as Vice-Chairman of Board
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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.

Also Read:Gleneagles Healthcare rebrands hospital chain as 'Gleneagles Hospitals'

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.

Also Read:Renowned cricketer Ajinkya Rahane unveils sports injury clinic at Fortis Hospital Mulund

Fortis HealthcarePrem Kumar NairVice ChairmanIHH HealthcareAshutosh Raghuvanshidoctor
Kajal Rajput
Kajal Rajput

    Kajal joined Medical Dialogue in 2019 for the Latest Health News. She has done her graduation from the University of Delhi. She mainly covers news about the Latest Healthcare. She can be contacted at editorial@medicaldialogues.in.

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