CEO and Executive Director
Health care and Business Administration
NMC Healthcare
United Arab Emirates
Mr. Prasanth Manghat is the CEO and Executive Director. Mr. Manghat has been with the NMC group for nearly 12 years and is involved in all strategic matters at NMC Health, in addition to retaining an oversight role of the financial function of the Group. The operational heads of both the healthcare and distribution divisions report to Mr Manghat. In April 2012, as Chief Financial Officer, Mr. Manghat spearheaded NMC Healthcare’s successful listing on the Premium Segment of the London Stock Exchange (LSE). This was a landmark transaction in many ways, being the first UAE company to list on the LSE and raising US$ 187 million in the process. Mr. Manghat has played a major role in the growth of the NMC businesses both prior to and since the IPO. Mr. Manghat was honoured with the “CFO of the Year” award – 2012 by ICAEW, Middle-East. He was also conferred with the prestigious award for “Excellence in Finance” by the Institute of Chartered Accountants of India, Abu Dhabi Chapter in Nov, 2012 and “Professional Excellence Award in the Healthcare Sector” by ICAI UAE (Dubai) Chapter in May 2013. Prior to joining NMC, Mr. Manghat has worked as Credit and Operations Head with Kotak Mahindra Finance, one of the leading non-banking financial institutions in India. A Fellow member of the Institute of Chartered Accountants of India (FCA), Bachelor of Science (1995), MG University, Kerala, India, CIA, ACCA from UK (2004) and pursuing CA (Institute of Chartered Accountants of England and Wales), he has 14 years of experience in management of treasury and banking functions, corporate finance, accounting and financial reporting activities.
Administration and Business Development