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We balance these three elements to deliver sustainable value to our stakeholders
The value we create is based on our external operating environment along with economic, social and environmental factors, and the nature and quality of our relationships with stakeholders.
By analysing these spheres in the context of our business, we can identify our risks and opportunities which, in turn, enables us to develop those matters that are most material to our business and mitigate any negative effects, which could impact our ability to create value in the short, medium or long term.
The COVID-19 pandemic created an extraordinary situation medically, socially and economically during 2020, and had a significant impact on the Group. Geographically, our operations are diverse, and the timing of the spread of the virus and the associated responses of different governments has been varied.
Life Healthcare’s vision is to be a global people centred, diversified healthcare organisation with solid fundamentals and a distinct, high-quality asset portfolio that positions us for sustainable growth.
Peter Wharton-Hood:
Chief Executive Officer
with effect from 1 September 2020
Pieter van der Westhuizen:
Chief Financial Officer
Acting Chief Executive Officer from
17 January 2020 to 31 August 2020
I am extremely pleased to have joined the Life Healthcare team. The Group’s internal energy and commitment to caring for our patients epitomise what we do. It is this consistency in the organisation – between how we interact internally and what we exude externally – that I find incredibly energising. I am proud of the moral fibre, character and sincerity of the Group’s employees, and look forward to being part of Life Healthcare’s journey. – Peter Wharton-Hood
Looking ahead, the uncertainty around the pandemic remain. Cost stewardship, capital discipline and continued strong cash flow generation is key to delivering on the long-term success of the Group.