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Sanjay Nayar of KKR joins Apollo Hopitals's Board

Nayar will hold office as an independent director of the Company

Sanjay Nayar

Gireesh Babu Chennai
The Board of Directors of Apollo Hospitals Enterprise Ltd (AHEL)  has approved appointment of Sanjay Nayar, head of private equity player KKR's Indian operations, as an additional director with effect from February 10, 2014 to hold office as an independent director of the Company.

US-based private equity firm Kohlberg Kravis Roberts (KKR) has infused around Rs 550 crore in the holding company PCR Investments in October, 2013, which was expected to be used to repay promoters’ debt and build more hospitals.

 

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First Published: Feb 10 2014 | 6:57 PM IST

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