News: Vishal Bali quits Fortis Healthcare as group CEO


Vishal Bali quits Fortis Healthcare as group CEO

Vishal Bali has resigned as the group chief executive officer of Fortis Healthcare Ltd, Mint reported. Bali will remain with the company till the end of March to enable a smooth transition. Fortis is India’s largest hospital chain promoted by billionaire brothers Malvinder Mohan Singh and Shivinder Mohan Singh. The report added that Bali’s responsibilities will be shared by Shivinder Mohan Singh, executive vice-chairman, and Aditya Vij, who, as CEO-India, will continue to oversee the India business.

Mint quoted Bali as saying, “My decision to move is personal. After having spent 23 years in the sector, I now feel the desire to do something entrepreneurial in healthcare. I am happy that I am leaving behind a better company than it was a few years back.”

Bali was the chief executive of Wockhardt Hospitals Group in India until it was acquired by Fortis in 2009.

Read the complete report here

Topics: Movements, Appointments, Updates, Employee Engagement, C-Suite

Did you find this story helpful?



Do you think India Inc. has been successful in empowering its women workforce?

On News Stands Now

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

How will HR practitioners looking to stay ahead of the curve evolve their performance management strategies in 2019? What performance management trends can we see organizations adopting for a workforce that comprises of a mix of regular employees and gig workers? This issue attempts to decipher the shift and answer questions facing the HR community trying to implement the real-time feedback system.

And Save 59%

Subscribe now