Bupa names new local chief executive
Nick Stone has been named head of Bupa Asia Pacific, succeeding long-serving chief executive Hisham El-Ansary who stepped down last year after 15 years with the healthcare group.
Bupa is Australia’s largest aged care provider, and one of the largest private health insurers, with Medibank taking out the top spot.
Nick Stone will lead the local arm of the UK-based healthcare group Bupa.
Mr Stone was previously Bupa’s chief financial officer, and acting chief executive of the local arm of the United Kingdom-based healthcare giant since late March. His appointment came after a global search, the company said on Wednesday afternoon.
He joined Bupa Australia and New Zealand in September in 2018 as group financial controller, before becoming CFO in April 2019.
“Nick has shown strong leadership over the last few months, successfully guiding Bupa APAC through an important transition period,” Bupa Group chief executive Inaki Ereno said. “Under Nick’s leadership, Bupa APAC has maintained its focus on serving our members, customers and residents, and I know he is deeply committed to growing our business in the region.”
Mr Stone said he was honoured and humbled to be appointed to lead Bupa APAC.
“I am looking forward to delivering on our strategy and ensuring exceptional value for our customers and residents,” he said.
Before joining Bupa, Mr Stone was CFO at Marlin Brands, an Australian homewares company, and general manager of commercial finance at Medibank.
He also worked for about a decade at Energy Australia and has spent time working in the UK and Kazakhstan in the oil and gas sector.
Bupa Australia and New Zealand chairman Bryan Mogridge said Mr Stone was a proven leader who had consistently delivered strong results.
“He has
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