corporate

IHH-controlled Fortis Healthcare chairman steps down

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.

Most Popular
Related Article
Says Stories