OREANDA-NEWS. Bupa announces that Stuart Fletcher is stepping down as CEO, with Evelyn Bourke, the Chief Financial Officer, becoming Acting CEO as of 4 April 2016. 

Lord Leitch, Chairman, said: "Stuart has made a very significant contribution to Bupa and leaves the company stronger than ever, having brought the customer and our people even further to the fore, as well as extending Bupa's global footprint." 

"Under Stuart's leadership, growth has been good, particularly given challenging market conditions. However, current growth plans do not match our expectations, and so we have agreed that the time is right for him to step down." 

"Evelyn is well placed to take on the Acting CEO role, with a strong track record and extensive experience in financial services, risk and capital management, strategy, and mergers and acquisitions." 

Stuart Fletcher said: "It has been a privilege to have led Bupa's transformation over the past four years and I am incredibly proud of our achievements. It is the 84,000 colleagues that make Bupa so special, and I express my heartfelt thanks to each of them for the difference they make every day for Bupa's customers. I know that Bupa will go from strength to strength and I will work to fully support Evelyn during the transition period." 

Evelyn Bourke, Acting CEO said: "It's an absolute honour to be appointed as the Acting CEO of Bupa. I very much look forward to building on our success for our customers, people and partners."

About Bupa 

As a leading global health and care company, we offer health insurance, medical subscription schemes and other health and care funding products; we run care homes, retirement and care villages, primary care, diagnostic and wellness centres, hospitals and dental clinics. We also provide workplace health services, health assessments and long-term condition management services. 

Approximately 71% of Bupa's revenue is from health insurance, with the balance coming from health and care provision. This includes our 17 hospitals, 320 clinics, 456 care homes and 37 retirement villages, 628 dental centres, and 36 optical outlets. 

We employ 84,000 people and have 32 million customers in 190 countries, principally in the UK, Australia, Spain, Poland, New Zealand and Chile, as well as Saudi Arabia, Hong Kong, India, Thailand and the US. 

With no shareholders, we reinvest our profits to provide more and better healthcare and fulfil our purpose.