Bupa announces Nick Stone as Acting Chief Executive Officer

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Bupa has announced the appointment of Nick Stone as its Acting Chief Executive Officer for the Asia Pacific (APAC).

The company said Mr Stone will begin in the role at the end of March 2023, allowing for a smooth transition with current CEO Hisham El-Ansary, following his decision to step down last year.

Bupa has previously announced an international executive search which will include external and internal candidates.

Mr Stone is currently Bupa APAC’s Chief Financial Officer (CFO). He joined Bupa Australia and New Zealand in September in 2018 as Group Financial Controller, before becoming CFO in April 2019.

Prior to joining Bupa, Mr Stone was CFO at Marlin Brands, a leading Australian homewares company, and the general manager of commercial finance at Medibank. He also worked for 10 years at Energy Australia in a number of senior roles and has experience overseas in the UK and Kazakhstan, predominantly in the oil and gas sector.

Mr Stone said, “I’m humbled to be given this opportunity and my focus will be on enabling our people to continue to deliver each and every day for our customers and residents.”

Commenting on the appointment, Bupa Group CEO Iñaki Ereño said, “Nick has established himself as a trusted adviser to the business and has a deep commitment to driving improvements in financial performance and commercial execution across Bupa APAC."

Bupa Chairman Bryan Mogridge added, “Nick is an accomplished leader who has delivered strong financial results and helped our members through some incredibly challenging health and economic conditions in recent times. I am confident Nick will lead Bupa to continue growing as a healthcare leader.”