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Exclusive: ClearMedi Appoints Lokesh Dhamaniya as Group CFO

Written by : Jayati Dubey

July 29, 2024

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Dhamaniya has served several hospitals, including Narayana Health and Wockhardt Hospital.

Morgan Stanley-backed ClearMedi Healthcare has appointed Lokesh Dhamaniya as the group chief financial officer (CFO).

Dhamaniya brings a notable track record and over 12 years of extensive experience in financial strategy and leadership.

With this appointment, ClearMedi Healthcare, a rapidly expanding Morgan Stanley Invested Company, expects to grow at an exponential rate with Dhamaniya's expertise in financial strategy and leadership.

Commenting on the appointment, Navneet Bali, CEO of ClearMedi Healthcare, stated, "The brilliant minds at ClearMedi Healthcare will be complemented by the joining of Mr. Lokesh Dhamaniya. He is a great guide and carries rich knowledge of the domain."

Dhamaniya graduated from The Institute of Chartered Accountants of India. Previously, he has served at several leading hospitals, including Narayana Health, Saroj Super Specialty Hospital, Wockhardt Hospitals, and Healthcare Global Enterprises (HCG) Hospitals.

ClearMedi’s Recent Initiatives

In another development, ClearMedi Healthcare forged a partnership with ATHMA and Medha Analytics, subsidiaries of Narayana Health, in October last year.

As per the collaboration, ClearMedi is going to use Narayana Health's Healthcare Information System (HIS) and Business Intelligence (BI) analytics. For the same, the company will take Narayana's ATHMA services and has chosen Medha Analytics, to get its BI dashboards.

In September last year, global financial powerhouse, Morgan Stanley marked its debut in the Indian healthcare by acquiring a majority stake in ClearMedi Healthcare. As part of Morgan Stanley's acquisition of ClearMedi Healthcare, the holding company received a controlling stake valued at approximately $35 million (INR 285 Cr).

Recent Appointments in the Healthcare Sector

In related news, several notable appointments have taken place in the healthcare sector.

For example, Paras Health recently announced the appointment of Usha Rajeev as an independent director.

Rajeev, a former Partner at Price Waterhouse for over 19 years, brings extensive experience in governance, audit, and risk management to enhance the board's oversight and support Paras Health's strategic objectives.

Further, Gleneagles Healthcare India appointed Anurag Yadav, its CEO, as the new chairman of the Board for Gleneagles Hospital Parel, Mumbai. This hospital is one of the six under the Gleneagles network in India.

As chairman, Yadav aims to collaborate with his leadership team and board members to steer the strategic direction and governance of this 250-bed healthcare facility.

Additionally, Medtech giant Siemens Healthineers India appointed Kalavathi GV (Kala) as the head of the development center (DC) and executive director. In her new role, Kala drives the development of precision healthcare solutions utilizing AI, automation, and digital transformation across Siemens Healthineers' business lines.


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