After serving as acting chief executive through a wildly turbulent year, Michael Davis has been confirmed in a full-time capacity at the UAE’s NMC Healthcare.
The news comes after Davies played a key role in securing more time from NMC’s lenders for a turnaround, and working closely with consultants from Alvarez & Marsal, who were appointed as administrators in April.
Davis first joined NMC in 2015 following its acquisition of the ProVita International Medical Centre, where he was chief executive for four years.
Davis was then appointed as NMC’s chief operating officer for more than three years, until he took on the acting chief executive role in February this year.
‘Michael’s leadership has been instrumental in seeing the organisation through a very tumultuous year as the company faced financial and legal issues, as well as operational and clinical challenges due to the global Covid-19 pandemic,’ said Ben Cairns, managing director at Alvarez & Marsal.