A new Principal Officer for Fedhealth
Fedhealth has appointed a new Principal Officer, Jeremy Yatt, with effect from 1 July 2015. Jeremy succeeds Peter Jordan, who amicably parted ways with the Scheme due to strategic differences.
He is no newcomer to standing at the helm of Fedhealth, having been its CEO from 2003 to December 2009. With a BA LLB qualification, Jeremy has more than 20 years of healthcare experience and an intimate understanding of Fedhealth. During his time as CEO, he was closely involved in the strategic planning, financial and operational, industry and brand management of the Scheme, and was instrumental in growing the member base significantly.
In 2014, Jeremy was appointed chairman of the Scheme. Following his appointment as PO, he has subsequently resigned from the board and a new chairman will be elected in due course.
He will have his work cut out for him, as he will head the Scheme at a time when the industry in general is grappling with stringent legislation, an ongoing Competition Commission’s market enquiry as well as a subdued South African economy which is impacting negatively on medical scheme growth.
Jeremy says that the changing medical landscape and the introduction of various new regulatory issues has placed increasing pressure and responsibility on schemes. “We have a strong board of trustees and this year strengthened our board of trustees even further to ensure the right mix of medical, actuarial and fund management expertise.”
We wish Jeremy all the best in his exciting new (old) role as the head of Fedhealth Medical Scheme!
“Fedhealth has the right mix of medical, actuarial and fund management expertise.”
Jeremy Yatt, Principal Officer: Fedhealth