Home Business Matter Feisal Nahaboo reveals ‘dream govt crew’ to remodel healthcare as Alitam prepares for main non-public fairness funding

Feisal Nahaboo reveals ‘dream govt crew’ to remodel healthcare as Alitam prepares for main non-public fairness funding

Feisal Nahaboo reveals ‘dream govt crew’ to remodel healthcare as Alitam prepares for main non-public fairness funding

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During the last 12 months, Alitam founder and CEO Feisal Nahaboo has masterminded an formidable recruitment drive to construct an govt board of “breathtaking expertise”, tasked to ship his multi-billion-pound ‘Pharmacy of the Future’ idea that can ‘change the face of pharmacy’ by constructing a world-leading preventative healthcare mannequin with the experience of pharmacists at its core.

Alitam founder Feisal Nahaboo has as we speak unveiled the total govt board he has assembled to take his formidable multi-billion-pound ‘Pharmacy of the Future’ idea from the drafting board to the Excessive Road.

It has taken 12 months of “continuous engagement and negotiations” to convey collectively the handpicked crew, with all members being revered pioneers of their subject: high strategists, entrepreneurs, pharmacists, politicians and financiers.

The board will work in unison to ship Nahaboo’s imaginative and prescient of nationwide simply accessible, reasonably priced healthcare underpinned by pharmacists, together with the availability of wide-ranging scientific and GP-type providers.

This guarantees to remodel Britain’s healthcare system from remedial to preventative whereas additionally relieving the burden on the struggling NHS, and HSE in Eire.

The revealing comes as Alitam, the 100-plus pharmacy group protecting the UK and Eire, gears up for a big inflow of personal fairness funding which can assist facilitate entrepreneur Nahaboo’s formidable plans with the group.

Nahaboo mentioned: “This extraordinary, revolutionary healthcare motion, requires extraordinary individuals to be on the helm.

“So I’ve handpicked the leaders of their subject, exhaustively detailing to every the breadth and depth of my imaginative and prescient for Alitam, and pharmacy as a complete.

“Following a yr of continuous engagement and negotiations, I’m delighted to announce this line-up, which constitutes a formidable array of expertise.

The ‘dream crew’ Alitam govt board. From high left to backside proper: Sir Ken Olisa, Harry Johal, Dhruv Patel OBE, Ray McSharry, Bharti Patel, Prakash Patel, Antony Isaacs, Zac Brech, and Alitam founder and CEO Feisal Nahaboo.

“Each single appointee, together with newest board addition Bharti Patel, shares the drive to work collectively, as one physique with one imaginative and prescient: to ship simply accessible, reasonably priced healthcare—encompassing a variety of scientific providers usually offered by GPs corresponding to ear irrigation, vaccinations, weight administration, diabetes checks, minor illnesses clinics and rather more—that can relieve the appreciable burden on the NHS and HSE in Eire.

“We’re pulling collectively to implement improvements at unbelievable pace. The cross-fertilisation of concepts is astonishing. Our acquisition technique is formidable, we’re planning for 10 per cent natural development over the subsequent 5 years.

“Our radical plans for preventative healthcare, versus the present, reactive mannequin, are additionally daring. I just lately introduced a multi-billion-pound plan to launch a sequence of ‘Tremendous Pharmacies’ throughout the UK and Eire inside the subsequent 5 to 10 years.

“These Tremendous Pharmacies will provide every part from extremely regulated ophthalmic and audiology providers to physiotherapy and even midwife-led care.”

Main the Alitam govt crew is Chairman Sir Ken Olisa, Lord Lieutenant of London (the Queen’s consultant within the capital) and a number one gentle within the worlds of enterprise and philanthropy—for which he earnt a knighthood in 2018.

As director of Reuters, he was the primary British-born black man to function a director of a FTSE100 firm. In 2016 he was named No 1 within the Powerlist’s roster of the UK’s most influential black individuals.

Till just lately, he served as a non-executive board member of Huawei however resigned last week over a matter of principle regarding Russia’s invasion of Ukraine.

Chief Working Officer Bharti Patel, the previous Avicenna Group govt director who boasts a powerful monitor file of making worth for main UK and European organisations inside the healthcare sector, is charged with overseeing the mixing of recent pharmacies to the Alitam Group, attaining price efficiencies and enhancing revenue margins.

She may even work intently with Alitam CEO Nahaboo in constructing a preventative healthcare community, figuring out respected suppliers of providers, negotiating phrases and serving to the board—and all Alitam pharmacies—implement these providers.

Zac Brech, former MD of Credit score Suisse, is Alitam’s CFO and might be engaged on the monetary modelling of the group’s formidable 100-plus roll-up programme.

Having beforehand managed the complicated and high-profile merger of Alliance Unichem and Boots, he’s mentioned to convey nice perception and know-how concerning M&A offers on the planet of pharmacy, which might be of “inestimable worth” at this important juncture as Alitam search important non-public fairness funding.

Brech may even be tasked with the monetary modelling of natural development for particular person pharmacies as Alitam seeks to combine progressive service traces, in addition to the modelling of Alitam’s acquisition and Tremendous Pharmacies programmes.

Dhruv Patel OBE—the famend businessman, politician and neighborhood organiser—was one in all Nahaboo’s earliest signings to the Alitam board and might be heading up the Subsequent Gen individuals roll-out throughout all shops.

He was previously a governor of East London NHS Basis Belief (ELFT) from 2014 to 2017, throughout a time by which the Belief achieved an Excellent ranking from the Care High quality Fee CQC.

Patel at present sits on the Property Committee of the Clothworkers Livery Firm, which has an estimated £300million in real-estate belongings.

Alitam’s Head of UK Pharmacies is Harry Johal, a extremely skilled pharmacist and at present an fairness director within the largest UK pharmacy group inside Alitam.

Johal possesses each important operational expertise and a radical understanding of the skilled providers aspect of the pharmacy sector.

He might be working to assist and information all of the UK pharmacies inside Alitam to co-ordinate and combine.

Head of Eire pharmacies is Ray McSharry, who runs the most important pharmacy group in West Eire and brings his formidable expertise and deep insights to the board.

Prakash Patel, Alitam’s operations director, has a formidable fame amongst pharmacists, works tirelessly on numerous business boards, and is a vocal advocate for assist for pharmacies within the face of regulatory change.

Prakash is aiding Alitam in decreasing prices, rising its economies of scale, and facilitating the group’s growth throughout the UK.

Antony Isaacs, one of many metropolis’s foremost movers and shakers, is a latest appointment to the board, becoming a member of as non-executive director (topic to contract).

Isaac’s information of Fairness Capital Markets (ECM) is second to none, with him beforehand establishing ECM divisions for a variety of high-profile banks corresponding to Credit score Suisse and HSBC World financial institution.

Three a long time of expertise within the metropolis has furnished Isaacs with the information and experience to information Alitam in looking for high-level funding; and in attaining the objective of buying over 100 additional shops within the subsequent two years.

He may even be instrumental in planning the roll-out of ‘Tremendous Pharmacies’ at key places within the UK and Eire.

The chief board is rounded off by Alitam founder and CEO Nahaboo, who mentioned: “My function might be largely targeted round duties corresponding to steering the group technique; implementing new product and repair traces; driving price efficiencies, new revenue streams; and heading up the M&A crew.

“However the endgame is that, by creating the trusted, visionary Excessive Road pharmacy Alitam, extra lives might be saved, charges of an infection might be lowered, scientific points might be noticed early on and handled effectively, secondary care providers might be protected, and affected by bodily and psychological issues will turn into drastically lowered.

“That is the mission I maintain in my coronary heart always as CEO of this inspiring firm.

“Given the capabilities of our board, traders clearly have enormous confidence in us to ship. Everybody sees immediately the ‘industrial logic’, as Sir Ken calls it, of Alitam, and I’m in talks with a number of events.

“I might be making additional bulletins quickly. I’m gathering 25-plus pharmacy leaders this month to work collectively in disrupting the business and main change.

“The face of pharmacy will change and many individuals are backing me and Alitam to make sure this occurs.”

For extra details about Alitam, go to www.alitamgroup.com. For extra info on Feisal Nahaboo, go to www.feisal.co.uk or comply with him on Linkedin.


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