Bupa is simplifying our organisation structure to enable organic growth, strengthen governance and accountability, and increase speed and efficiency.
The organisation is now structured in three Market Units (MUs) increasing the accountabilities of the Europe and Latin America MU and the UK MU, removing the International Markets MU. The Australia and New Zealand MU is unchanged.
Group CEO Evelyn Bourke commented: “These changes make us leaner and more agile, with clearer accountabilities driving faster execution. They strengthen our governance and put Bupa in the best shape to drive strong, sustainable performance over the long term.
"As a result of the changes, Sim Preston, CEO of International Markets, will be leaving Bupa. I would like to thank Sim for all he has achieved and for his contribution as a member of the Bupa Executive Team. He leaves our businesses in great shape and we wish him all the best for the future.
"The changes do not affect customers, products or the geographies which we serve. We continue to invest to meet the needs of our customers.”
Summary of changes announced
- Iñaki Ereño, CEO of Europe and Latin America, is now accountable for Bupa Global Latin America including Care Plus in Brazil, and Bupa Acibadem Sigorta in Turkey. This is in addition to his existing accountability for the Sanitas businesses in Spain, Bupa Chile and LUXMED in Poland.
- David Hynam is now CEO of Bupa Global and UK. His accountabilities now include the international health insurance businesses (Bupa Global Business Unit, Bupa Global European Economic Area, and Bupa Global North America/GeoBlue). This is in addition to his existing accountability for the Bupa UK businesses.
- Hisham El-Ansary continues as CEO of Australia and New Zealand.
- Bupa Arabia and Max Bupa in India are associate businesses governed through their own Boards on which Bupa participates as a major shareholder. They now report centrally: Bupa Arabia to Evelyn Bourke, and Max Bupa to Group CFO, Joy Linton. Bupa Hong Kong will also report to Joy.