Virgin Health Bank Qatar Science & Technology Park (QSTP), moving ahead with the development of its cord blood stem cell banking services for families in Qatar and the Gulf Region, has appointed a new chief executive officer. Dr Rajan Jethwa joins Virgin Health Bank from the QSTP where he has been actively involved in the management and growth of several companies as well as leading the investment strategy for new start ups and capital growth investments. A qualified surgeon, he graduated from the University of Cambridge and practised in the UK’s National Health Service before taking up a role as an adviser to the UK’s Department of Health. Dr Jethwa’s career subsequently saw him working with a number of the leading European private equity houses before joining KPMG’s Transaction Services team in London. “I’m delighted and honoured to have been given the opportunity to lead Virgin Health Bank’s development as a world class provider of cord blood stem cell banking services,” he said yesterday. QSTP executive chairman and Virgin Health Bank chairman Dr Tidu Maini stated that Dr Rajan Jethwa, with his clinical and business development experience, is ideally placed to lead the next stage of Virgin Health Bank’s evolution, and build its position in the health care sector in Qatar and the Gulf Region. Dr Jethwa succeeds David Macaulay who led the transition of business operations from the UK to Virgin Health Bank’s new headquarters in Qatar. Virgin Health Bank was initially launched in the UK in February 2007 as a joint venture between Sir Richard Branson’s Virgin Group and Excalibur, the private equity house of Professor Sir Christopher Evans OBE. In March this year QSTP and Virgin Health Bank announced a partnership that saw the relocation of VHB’s international headquarters to QSTP in Doha, along with the commissioning of a brand cord blood stem cell processing and cryogenic storage facility. http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=331061&version=1&template_id=36&parent_id=16

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