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Life Healthcare Group, operator of one of the largest pharmacy networks in the UAE, has appointed industry veteran Sreenath Reddy as its new chief financial officer.
Life Healthcare has around 370 stores in the UAE and also operates 18 GP clinics and 5 medical centres. Its main subsidiary, Nutripharm, is one of the largest healthcare distributors in the country, carrying more than 170 brands.
Sreenath is a Chartered Accountant and Solicitor by profession with over 20 years’ experience in senior management positions in healthcare. Prior to this assignment, he was with Aster DM Healthcare where he played a transformational role in the company’s growth and development as a leading healthcare provider in India and the GCC.
Early in his career, Sreenath was instrumental in growing Narayana Health into one of India’s leading healthcare organizations during his 10-year tenure as CFO, Emirates Group said in its statement.
Known for his business acumen and pragmatic leadership, Sreenath has assisted these organizations during his time with them.
Abdul Nazar, Chairman of Life Healthcare Group, said on his appointment: “As a home-grown brand, we have excelled over the past 25 years and have been instrumental in redefining healthcare retail in the UAE. .We envision making health care accessible and affordable for everyone”
“Having leaders with strategic rigor and strong ability to execute to realize our vision is important. We are delighted to welcome Sreenath, an established healthcare professional with an unparalleled track record,” said Nazar.
“We believe Sreenath will complement our ambition to become a global healthcare group over the next 10 years,” he added.-TradeArabia News Service
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