LONDON (Alliance News) - Georgia Healthcare Group PLC on Friday said Chairman Irakli Gilauri was replaced by Independent Non-Executive Director William Huyett, while Fabian Blank was appointed as an additional independent non-executive director.
The healthcare services & medical insurance provider said Gilauri will continue to serve as a non-executive director.
Georgia Healthcare believes that these changes will further strengthen the board's independence, reflecting its commitment to adhere to the highest standards of corporate governance.
"I would like to congratulate Bill on his new appointment as chairman and wish him every success in his new role," said Chief Executive Nikoloz Gamkrelidze.
"I am also delighted to welcome Fabian to our board," Gamkrelidze continued. "He brings with him a wealth of knowledge and experience in digital health, which is one of the group's key strategic priorities, and will be a valuable addition to the current skills mix within the board."
Gamkrelidze added: "Finally, on behalf of the entire board, I would also like to thank Irakli for his significant input into Georgia Healthcare's progress and strategic development as our chairman."
Georgia Healthcare shares were untraded on Friday, last quoted at 215.00 pence each.