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A
Prasanth
B
C
Manghat D
E
CEO and Executive Director
NMC HEALTH F
Healthcare
G
H
I
PRASANTH MANGHAT LEADS THE J
largest private healthcare company in
the UAE, which is now among the top K
three fertility providers in the world. L
Prasanth was promoted to the role of
Chief Executive Officer of NMC in March M
2017 and now enjoys the responsibility
N
of building on the achievements of his
predecessor, BR Shetty. His promotion O
marked the launch of NMC’s growth
P
strategy; one that encompasses capacity
creation and capability building to Q
expand into more complex segments
of the healthcare industry. R
Prasanth has been with the company S
for the last 14 years, serving in key roles
within the NMC portfolio of companies, T
including the roles of Deputy CEO, U
CFO at NMC Healthcare, and CFO at
Neopharma. As CFO, he spearheaded V
the company’s landmark IPO in 2012, W
raising $187.5m in less than 100 days.
As Deputy CEO, Prasanth also helped X
NMC acquire niche healthcare
Y
companies such as ProVita
International Medical Center (Long Z
Term Care), Americare Home Health
Services and, in 2016, Fakih IVF Fertility
Centre – the latter earning him “Deal
Maker of the Year” at the 10th CFO
Strategies Forum MENA.
As Deputy CEO, he steepened the
company’s growth curve, with its
market capitalisation increasing by
almost 100 percent year-on-year until
it crossed $9bn. Prasanth has also
q THE NEXT BIG DISRUPTION guided NMC’s first forays outside the
UAE with the acquisition of Clinica
WILL BE IN HEALTHCARE. WE Eugin, a leading provider of infertility
ARE WORKING TOWARDS THAT treatment, based in Spain and
JOURNEY OF BECOMING A Colombia. Subsequently, Prasanth
has been steadily expanding the Eugin
PART OF THIS CONSTRUCTIVE business to cover key markets of Italy,
DISRUPTION IN HEALTHCARE” Denmark and Brazil.
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