NMC Healthcare, the largest private healthcare provider in the UAE, has appointed the former head of Mediclinic Middle East as the new CEO.

David Hadley will be the CEO effective today, February 1, according to a statement. He had worked at Mediclinic International for 30 years, including the past 13 years as the CEO in the Middle East.

The new appointment marks the beginning of a “new phase of growth and transformation”, the healthcare provider said.

“It is my honour to lead one of the region’s most competitive organisations and work alongside an elite group of caregivers and executives,” said Hadley.

“[The new CEO appointment] is in line with the organisation’s strategy to build on its strong operational and financial foundations. The new CEO will lead efforts to further strengthen these foundations and drive further growth for NMC Healthcare,” the statement said.

The company, which used to trade its shares in London, ran into trouble in 2020, following an investigation that revealed over $4 billion in hidden debt. 

It was put into administration in April 2020. Last March, NMC Healthcare Group exited administration in the UAE, allowing a newly formed holding company to “chart a fresh path” in the provision of healthcare, a statement said.

(Writing by Cleofe Maceda; editing by Seban Scaria)

Cleofe.maceda@lseg.com