Aster DM Healthcare Appoints Varun Khanna as Managing Director & Group CEO After Merger
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The changes, approved by the company's Board of Directors, came into effect on July 1, 2026, and are intended to align the governance and leadership structure of the merged healthcare entity.
Aster DM Healthcare has appointed Varun Khanna as its Managing Director & Group Chief Executive Officer as part of a major board and leadership reconstitution following the amalgamation of Quality Care India Limited with Aster DM Healthcare Limited.
The changes, approved by the company's Board of Directors, came into effect on July 1, 2026, and are intended to align the governance and leadership structure of the merged healthcare entity.
Alongside Khanna's appointment, the board approved the induction of five new directors, subject to shareholder approval. The newly appointed directors are Neeraj Jain, Kewal Handa, V K Mathews, Ayshwarya Vikram, and Ganesh Mani. All six appointees have confirmed that they are not debarred by the Securities and Exchange Board of India (SEBI) or any other regulatory authority from serving as directors.
Khanna will lead the integration of Aster India, CARE Hospitals, KIMSHEALTH, and Evercare under the combined organization. His responsibilities will include overseeing strategic integration, clinical operations, digital transformation, patient care initiatives, and long-term business growth.
He brings more than 25 years of leadership experience across healthcare delivery, hospital operations, digital health, business strategy, and commercial management. Before joining Aster DM Healthcare, Khanna served as Group Managing Director at CARE Hospitals, KIMS, and Evercare under Quality Care India Limited.
Earlier in his career, he held senior leadership positions at Sahyadri Hospitals, Siloam Hospitals Group, Fortis Healthcare, Bain Capital, Becton Dickinson (BD), e& UAE, Reliance Retail, Reliance Communications, and Bharti Airtel. According to the company, he has led business transformation initiatives across healthcare, MedTech, retail, and telecommunications.
The company highlighted that Khanna has nearly three decades of cross-sector experience. During his tenure as Managing Director of Siloam Hospitals, he played a key role in significantly improving the group's financial performance. He has also previously served as Chairman of Sahyadri Hospitals, Managing Director of BD India, and Executive Vice President and Chief Commercial Officer at Fortis Hospitals.
As part of the broader governance changes, Aster DM Healthcare also announced updates to its senior management structure and approved amendments to its employee stock option plan, including renaming the ESOP Scheme 2026 and revising provisions related to stock option grants.
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