Life Healthcare has appointed Shrey Viranna as its new CEO.
A medical doctor by training, Viranna was a partner at McKinsey, where he spent 12 years working across the pharmaceutical, private and public healthcare industries, the company said in a statement on Wednesday.
Viranna also worked for financial services group Discovery, where he was both the CEO of Discovery Vitality and DiscoveryCard.
Viranna will start his new job in February, replacing André Meyer who left the private healthcare group after three years at the helm.
Prior to the CEO announcement the share price was down 3.59% to R24.74 in late trade on the JSE, giving Life Healthcare a market value of about R35.8bn.