Genmed has announced the appointment of Jonathan Wedgbury as chairman and Geoff Baker as a non-executive director of the board.
With rapid growth year on year, Genmed is strengthening the board to focus on its strategic positioning and operational execution to meet the significant growth opportunities within the NHS and international healthcare markets.
With over 35 years of commercial and procurement experience, Wedgbury has held a range of senior roles in the health sector.
A former commercial director of the West Midlands Regional Health Authority, he was appointed chief executive of NHS Healthcare Purchasing Consortium (HPC) in 2001 – an organisation he created and launched which was one of, if not the first, procurement consortiums within the NHS.
Commenting on his appointment as chairman, he said: “Genmed provides much-needed capital to the NHS via its managed service contracts and delivers an unique service to the NHS.
“Trusts get the latest equipment at reduced cost, not only because of the reclamation of VAT, but through Genmed’s ability to negotiate and drive down prices.
“Moving forward, our objective is to solidify Genmed’s position as the premier managed service provider to the NHS and look for opportunities to develop the business internationally given austerity measures in healthcare now touch Europe and beyond.”
Baker is an independent chartered engineer and entrepreneur who has successfully set up, grown, and sold two consultancy and managed services businesses – ATL Group and Plant Asset Management (PAM).
He is a former president of the Institution of Mechanical Engineers and a strong advocate for the encouragement of entrepreneurship within engineering.
He now works extensively with the University of Southampton supporting its Future Worlds programme to mentor and advise start-ups about how they can be ‘spun off’ into commercial enterprises.
Robin Modak, Genmed’s chief executive, said of the appointments: “Our company is growing extremely quickly and the appointment of Jonathan and Geoff is imperative to help with the structuring and resource planning required, along with having guidance and support to navigate the fast-changing environment within the NHS from a regulatory and strategic perspective.
“This will ensure that we maintain our position at the forefront of innovation in vendor-neutral managed services.”