IHH-controlled Fortis Healthcare chairman steps down


Fortis Memorial Research Institute, Gurugram

NEW DELHI: India's Fortis Healthcare Ltd, controlled by Malaysia's IHH Healthcare, announced that its chairman, Ravi Rajagopal, is resigning due to expanded board commitments in the UK and other regions.

Rajagopal informed the board of his willingness to step down from the directorship, effective Sept 30, the hospital group said in a stock market filing on Tuesday.

Following his resignation as chairman and non-executive independent director, Rajagopal will also cease to be a member of the company's corporate social responsibility committee.

Appointed chairman in June 2018, Rajagopal led the board in overhauling governance processes. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

IHH , Fortis , India , chairman

   

Next In Business News

Malaysia is stepping up its game in semiconductor industry - Tengku Zafrul
Radiant Globaltech to acquire 80% stake in Rymnet for RM52.5mil
Nova MSC bags RM7.13mil contract for AI-driven National DR screening programme in Brunei
Public Bank, Credit Guarantee Corp collaborate to extend RM1bil in financing to SMEs
Kelington secures contracts from projects in Malaysia and China worth RM413mil
Bursa Malaysia ends lower on US rate cut uncertainty
Kenanga expects ringgit to trade closer to 4.40 level by year-end
JTGB bags RM29.77mil contract
APPEC-Transition to cleaner fuels seen dragging on China's oil demand growth
Generali Malaysia expands with new Penang branch

Others Also Read