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Mediclinic Hires Former Lloyd's Of London CEO Beale As Next Chair

Fri, 27th Mar 2020 08:44

(Alliance News) - Private healthcare firm Mediclinic International PLC on Friday said it has chosen the former chief executive of Lloyd's of London to be chair designate.

Inga Beale, the first female CEO of the insurance market, was appointed as a non-executive director and chair designate at Mediclinic with effect since Thursday. Following a handover period, she will succeed Edwin Hertzog as chair upon his retirement at the company's July annual general meeting.

"She has a clear understanding of our strong culture and values and will also align readily with our business. Core to these matters are our stakeholder commitment to deliver sustainable high-quality healthcare services and our purpose to enhance the quality of life. Dame Inga will expertly lead the Board in pursuit of these objectives including the challenge if the Covid-19 pandemic continues to spread globally," said Hertzog.

Shares in Mediclinic were down 4.8% at 297.00 pence in London on Friday, and up 3.1% at ZAR63.71 in Johannesburg.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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