ADQ's Abu Dhabi Health Services Company names new CEO

New executive has more than 25 years in healthcare industry

  
Image used for illustrative purpose.

Image used for illustrative purpose.

Getty Images

Abu Dhabi Health Services Company (SEHA), which is part of state-owned holding company ADQ, has announced the appointment of its new chief executive officer (CEO). 

Dr. Tarek Fathey, described as a “seasoned, award-winning healthcare leader”, assumed his new role from March 1, 2021, the company said Thursday. 

The announcement comes just as reports have emerged that ADQ is one of the companies that may be interested in the sale of NMC’s healthcare business in the UAE. 

The new CEO is expected to help SEHA meet its growth ambitions, given his expertise and 25 years of experience in the industry. 

“We welcome [Fathey] as he joins SEHA’s leadership, further strengthening the network’s position as the cornerstone of Abu Dhabi’s healthcare system. He brings with him expertise that is essential for our commitment to patient-centricity and advancing world-class care,” said Salem Al Noaimi, chairman of SEHA. 

Fathey had served as the chief operating officer of Mediclinic. He has received several commendations and awards. He holds a Bachelor of Medicine from the University of Alexandria, Egypt, and a Master’s in Business Administration from the University of Wollongong, Australia. 

According to Reuters, ADQ has shown interest in NMC Health’s core hospital business.  The hospital operator had earlier hired advisors on its plan to divest its healthcare assets in the UAE and Oman. 

(Writing by Cleofe Maceda; editing by Seban Scaria) 

Cleofe.maceda@refinitiv.com 

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2021

More From Business