IHH Healthcare chief Kelvin Loh’s surprise resignation follows slew of boardroom changes

Anita Gabriel

Published Thu, Feb 23, 2023 · 01:42 PM

THE surprise departure of IHH Healthcare’s : Q0F 0% head honcho Dr Kelvin Loh comes on the back of a string of boardroom changes at one of the world’s largest private healthcare behemoths. The 49-year-old healthcare veteran was also believed to have been on leave since early January before his “voluntary resignation”, according to sources.

The news of the immediate resignation of the company’s managing director and chief executive officer took the market by surprise on Wednesday (Feb 22) evening.

IHH, one of the world’s largest private healthcare operators, is dual-listed in Malaysia and Singapore, and has a market value of nearly S$16 billion.

The reason for Dr Loh’s long leave prior to his resignation could not be ascertained. The Business Times’ queries …