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Antony Isaacs, the previous MD of HSBC World Banking and Markets, and main funding financial institution Canaccord, joins the Alitam Group to drive ahead its transformative multi-billion-pound ‘Pharmacy of the Future’ plan.
Isaacs’ appointment by Alitam founder Feisal Nahaboo, who additionally based the Xeinadin Group, is the second ‘star signing’ inside every week, following the announcement that former Credit score Suisse MD, Zac Brech, has been appointed Alitam’s CFO.
Antony Isaacs, one of many metropolis’s foremost movers and shakers, has right this moment been appointed Guide to the Alitam board, with a view to becoming a member of as an Alitam non-executive board member within the coming weeks.
Alitam founder and CEO Feisal Nahaboo headhunted Isaacs and describes this appointment as “one more coup” for the rapidily rising Alitam Group.
Alitam is the ground-breaking 100-plus pharmacy retailer consolidation, with a imaginative and prescient to ship the ‘Pharmacy of the Future’: providing a variety of medical and wellbeing companies instore, utilizing the talents of hitherto under-utilised pharmacists.
The goal of the multi-billion-pound plan is to considerably scale back the burden on GP surgical procedures and hospitals, via offering extremely regulated ‘walk-in’ appointments for every thing from vaccinations and physiotherapy to eyecare and even midwifery.
Final week, the federal government introduced NHS ready lists have spiralled to a document 6million for the reason that pandemic started.
Nahaboo’s newest appointment is designed to hurry up the method of securing the funding that Alitam requires to proceed its construct of a preventative well being system to enhance the nation’s well being.
Isaacs has a formidable observe document at quite a lot of high-profile banking establishments over the past 20 years. His positions have ranged from Head of UK ECM of Credit score Suisse to numerous managing director positions together with at main funding financial institution Canaccord Genuity.
He joins Alitam sizzling on the heels of one other ‘star signing’: former metropolis banker and MD of Credit score Suisse, Zac Brech, who was appointed CFO this week.
Each males beforehand labored collectively at Credit score Suisse and are mentioned to “have an important rapport” and can “carry a really particular mix of expertise, information and abilities to their roles”.
Confidence has by no means been increased inside Alitam as its founder and CEO, entrepreneur Feisal Nahaboo, continues to have interaction main figureheads to assist put together the Alitam Group for a ‘substantial undisclosed funding’.
The group was created via a revolutionary, company record-breaking new M&A mannequin invented by Nahaboo and often known as the ‘In a single day A number of Merger mannequin’ (OMMM).
Solely final week, Nahaboo’s first merger created utilizing OMMM—the 120-strong accountancy agency consolidation, Xeinadin Group—secured an enormous, record-breaking funding.
Alitam already boasts a board of remarkable expertise and skillsets, together with Chairman Sir Ken Olisa, a number one businessman and philanthropist who’s Lord Lieutenant of London.
The group’s latest appointment, Antony Isaacs, has loved an illustrious profession thus far. His intimate information of fairness capital markets (ECM) is described as “second to none”, having established ECM divisions for quite a lot of high-profile banks.
He was the previous Head of UK ECM at Credit score Suisse, MD of HSBC World Banking and Markets, and latterly MD of main funding financial institution Canaccord.
Three a long time of expertise within the metropolis has furnished Isaacs with the information and experience to information Alitam in searching for high-level funding; and in reaching the objective of buying over 100 extra pharmacy shops within the subsequent two years.
He may also be instrumental in planning the roll-out of ‘Tremendous Pharmacies’ at key places within the UK and Eire. These ‘Medical and Wellbeing Centres’ will function as one-stop-shops for well being and wellbeing, offering not simply extremely regulated medical care however additional remedies resembling aesthetics, listening to aids, counselling companies and nutritionists.
With Isaac’s steer, they’re anticipated to be fixtures on many excessive streets within the subsequent 10 years.
Says Alitam Founder and CEO Feisal Nahaboo, “Antony brings invaluable qualities to the board at this thrilling time within the firm’s growth.
“The Covid pandemic has introduced into sharp aid simply how overstretched secondary healthcare companies are. Ready instances are going via the roof, and the talents of our hard-working and caring Alitam pharmacists are wanted greater than ever.
“Antony’s knowledge and expertise shall be essential belongings as we plan, and put into motion, our formidable programme for natural progress, and progress via acquisition.
“I like working with Antony as he’s straight-talking and impartial minded. I belief him fully and know he’ll at all times have Alitam’s finest pursuits at coronary heart.
“He’s a agency advocate of revolution on the earth of healthcare, and is dedicated to the NextGen tech, cross-fertilisation of data and abilities and daring vison which is critical to carry this about.
“We at the moment are in a wonderful place—higher than I ever may have imagined—to carry the Pharmacy of the Future to the deserving individuals of the UK and Eire.”
Talking concerning the Alitam proposition, Isaacs added: “Alitam has all of the elements of a ground-breaking, and extremely profitable, firm. By the distinctive car of the In a single day A number of Merger mannequin, it’s potential to merge these worthwhile, and entrepreneurial, pharmacies and ship the healthcare our nations deserve.
“ Feisal’s imaginative and prescient for Alitam is as daring as his OMMM idea and, as we have now seen with Xeinadin, will exceed all expectations. I’m delighted to be concerned with a motion which is able to assist enhance the well being and wellbeing of the individuals of the UK and Eire.”
For extra details about Alitam, go to www.alitamgroup.com. For extra data on the OMMM mannequin, go to www.ommg.co.uk. For extra data on Feisal Nahaboo, go to www.feisal.co.uk.
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