Board of Directors

Vishal Bali brings with him 27 years of experience in building and leading global healthcare delivery organizations across developed and developing countries through a combination of organic and M&A driven strategic growth. Vishal brings with him a unique and diversified business experience of managing a $ 1bn P&L of an integrated healthcare delivery organisation comprising a wide spectrum of healthcare verticals including Hospitals, Diagnostics, Primary Care and Daycare Speciality networks across Asia Pacific. Having worked with a highly talented and multi-cultural global team based in Singapore, Australia, India, Hong Kong, Vietnam, Srilanka, Dubai and multiple other countries has given him the exceptional opportunity to grow teams and transform healthcare businesses across geographies.

Vishal is currently Executive Chairman, Asia Healthcare Holdings Pte and Senior Advisor TPG Growth He is also Co-founder & Chair of Medwell Ventures.

Prior to his current assignment Vishal was the Group CEO for Fortis Healthcare Limited which is the leading provider of healthcare services in India with a network of 68 hospitals and a pan India pathology diagnostics chain. Under his leadership Fortis Healthcare had also built Asia's leading integrated healthcare delivery system with a presence across 12 countries and a human capital base of more than 20000 people. His previous roles also include CEO for Fortis Healthcare International in Singapore and CEO for Fortis Hospitals in India. One of his key contributions in the Indian healthcare ecosystem includes spearheading the growth and transformation of Wockhardt Hospitals from a single hospital to one of the largest pan India speciality hospital chains as its CEO & Managing Director and led India’s largest healthcare delivery merger of Wockhardt Hospitals with Fortis Healthcare. Vishal’s expertise in healthcare M&A, post-merger integration and divestments has given him a unique perspective to the role of private equity in the healthcare sector of Asia Pacific. He completed his Bachelor’s in science and Post-graduation in Business from Bombay University and completed an advance program in hospital management from Harvard Medical, Boston. He sits on the board of leading healthcare organisations and has been an invited member of the Strategic Initiatives group of Joint Commission International, US and a past member of the Global Agenda Healthcare Council of the World Economic Forum. His keen interest in education and globalisation of healthcare takes him to leading Healthcare Education Institutes and Business Schools globally which include case studies at the Harvard Business School. He is an active member of various Industry bodies and globally recognized industry public speaker.

Ankur Thadani is a Director with TPG Growth, which is TPG’s middle market and growth equity platform with AUM of ~$13.5 Billion. Mr. Thadani leads healthcare investing for India and South Asia and has over a decade of investing experience. He has led a number of investments in the sector across healthcare delivery, pharmaceuticals and medical devices. He currently serves on the board of Asiri Hospitals, Cancer Treatment Services International, Rhea Healthcare and Fourth Partner Energy. He previously served on the board of Healthium, India’s largest medical devices platform. Prior to TPG, Mr. Thadani worked with India Equity Partners (IEP), an India focused private equity fund.

Mahadevan Narayanamoni (Mahad) is a Senior Advisor at TPG Capital focusing on life sciences investments for TPG Growth. He served as TPG’s nominee director on the Board of Healthium Medtech, where he also drove M&A, strategy and global expansion of the business and building it into the largest med tech platform in India.

Prior to TPG, Mahad used to lead the advisory business for Grant Thornton, including the healthcare and life sciences practice. Over the years, has advised a number of hospital groups and life sciences companies on business strategy, M&A, IPOs and financing.

After graduating from IIT Madras and IIM Lucknow, Mahad worked across India and Europe, with global institutions such as Unilever and PricewaterhouseCoopers UK, on M&A, Corporate Finance, business consulting, operational restructuring and supply chain transformation.