LENMED AIR 2019.pdf

Chairman and Chief Executive Officer CA(SA) Prakash Devchand is a qualified Chartered Accountant with over 33 years of experience in the healthcare industry. He was appointed to the Board in 1986 and elected as Chairman and Chief Executive Officer in 1998. Under his leadership, Lenmed has seen significant growth in its local operations and the inception of the Group’s African strategy. Deputy Chief Executive Officer CA(SA) Amil Devchand joined the Group in 2011 and was appointed to the Board in 2012. He has held numerous positions within Lenmed, most notably, Chief Financial Officer and Chief Operations Officer. He was appointed Deputy CEO in 2018. He is a Chartered Accountant and has extensive industry experience, having served as the Chairman of the National Hospital Network (NHN), and as a current director of the Hospital Association of South Africa (HASA). He is also an alumni of the Harvard Business School, having completed the General Management Program. Chief Financial Officer CA(SA) Vaughan Firman is a qualified Chartered Accountant with 17 years’ experience in the healthcare industry. His comprehensive experience as a financial director includes that of having served as both an executive as well as an independent non-executive director on numerous JSE- and non-JSE- listed companies. Vaughan’s speciality is debt and property financing as well as mergers and acquisitions, of which he has extensive global experience. He was appointed to the Board in October 2014. BOARD OF DIRECTORS OUR VALUE CREATION POSITIONING 12 High standards of good governance GOVERNANCE PHILOSOPHY Our Board of Directors is committed to high standards of corporate governance to ensure sound corporate practices of an ethical culture, good performance, effective control and legitimacy as set out in the King IV™ Code. See page 62 for more details on corporate governance. Prakash Devchand | 64 Amil Devchand | 34 Vaughan Firman | 55 Executive