Medibank Private Limited
(ASX:MPL) has appointed Craig Drummond as Managing Director and Chief Executive Officer, effective 4 July.
Mr Drummond replaces current Managing Director and CEO George Savvides who will retire on 1 April after 14 years leading Medibank.
Craig Drummond was most recently Group Executive, Finance and Strategy of National Australia Bank.
David Koczkar, Medibank’s Chief Operating Officer, will serve as acting CEO during the interim period.
Medibank recorded a net profit of $227.6 million at 31 December 2015.
