March 8 (Reuters) - United Arab Emirates-based healthcare provider NMC Health has appointed deputy Chief Executive Prasanth Manghat as CEO, replacing BR Shetty, it said on Wednesday.
London-listed NMC Health, an integrated healthcare provider operating across the United Arab Emirates and some Gulf markets, said founder BR Shetty would be joint non-executive chairman of the company.
The company also reported a 38.6 percent rise in 2016 revenue to $1.22 billion, while net profit attributable to parent rose 61.4 percent to $132.7 million.
NMC’s shares were down 1.6 percent at 1764 pence at 0907 GMT.
Reporting by Justin George Varghese; editing by Susan Thomas