- Laila Al Jassmi oversaw the implementation of the DHA Health strategy, led the process of the Dubai Health Reform in 2007 and managed the Dubai Medical Tourism initiative.
- Al Jassmi’s appointment is in line with TVM Capital Healthcare’s strategy to ensure best possible industry expertise and diversity at board level.
- CEO Hoda Abou-Jamra: “We believe in a healthy mix of men and women at board level- evidence reveals that diverse boards improve business performance.”
Dubai, 30 July 2017: TVM Capital Healthcare, a specialist private equity investor in the healthcare sector, announced Laila Al Jassmi, Founder and CEO of Health Beyond Borders, to join the board of Bourn Hall International. TVM Capital Healthcare co-developed the concept for Bourn Hall International with Bourn Hall Clinic, Cambridge, UK, responsible for the world’s first IVF baby. The founders of the clinic pioneered the IVF technology and received the Nobel Prize in Medicine in 2010. Today, BHI operates two reference clinics in Dubai, UAE, and Gurgaon/Delhi, NCR, India. Year 2016 witnessed an honorable achievement as Bourn Hall Fertility Centre, Dubai received accreditation from Joint Commission International (JCI), the world’s largest and most recognized healthcare accreditor. Bourn Hall Fertility Centre, Dubai remains the only standalone JCI-accredited fertility center in the MENA region.
“Owing to her various strong leadership roles in driving the local healthcare sector, where she oversaw the implementation of the DHA Health strategy, led the process of the Dubai Health Reform in 2007 and managed the Dubai Medical Tourism initiative, to name a few, Laila will prove to be an excellent addition to BHI’s diverse board. Her experience will serve the Bourn Hall Fertility Centres greatly, on both an operational and strategic level”, said Hoda Abou-Jamra, interim CEO of BHI, founding partner of TVM Capital Healthcare and member of the Dubai Business Women’s Council and Founding Chair of the GCC Chapter of the 30% Club.
Laila Al Jassmi was awarded the Feigenbaum Excellence Leadership Award for “Women’s Leaders” in 2011, and was more recently recognized as one of the 50 “GCC Woman Leaders” by World CSR Day & World Sustainability for the year of 2016. Laila has also been acknowledged as one of the 50 Women in Health Care & Wellness by CSR for 2016-2017 in Mumbai and one of the World’s Greatest Women Achievers for 2016-2017 by URS Asia One.
Laila’s appointment is in line with TVM Capital Healthcare‘s strategy to promote diversity on board level. Hoda Abou Jamra added: “TVM Capital Healthcare believes in gender parity leading to better business decisions. As a company which has played a significant role in healthcare since 2012 in the region, we take pride in actively increasing the representation of women at board level in the company and at portfolio level as it simply makes good business sense.”
About TVM Capital Healthcare
TVM Capital Healthcare is the umbrella brand for a group of companies – fund manager and fund advisor, operations group and advisory services, focusing on meeting gaps in healthcare provision in emerging markets, including the Middle East, North Africa, India and Southeast Asia. TVM Capital Healthcare is headquartered in Dubai with offices in Munich, Boston and Singapore. The fund manager and fund advisor TVM Capital Healthcare Partners Ltd., started operations in Dubai in 2007. The company is part of TVM Capital International an affiliation of global venture capital and private equity firms with an operating track-record of over 30 years.
TVM Capital Healthcare’s team of investment professionals brings a wealth of experience in investment and successful exits across multiple markets. TVM Capital Healthcare is operating from the Dubai Financial Centre (DIFC) and is licensed and regulated by the Dubai Financial Services Authority (DFSA). TVM Capital Healthcare’s’ current investment portfolio includes a long-term care and rehabilitation center and the largest homecare company in the UAE, a medical devices manufacturer in Egypt, and IVF centers operating in the Middle East and India. Its investment into ProVita International Medical Center was successfully exited in 2015, demonstrating how a specialist private equity investor can create value in emerging market healthcare and contribute to their existing healthcare infrastructure.
TVM Operations Group DMCC, Dubai, has assembled a talented group of healthcare specialists, advisors and consultants who act as Operating Partners and Executives-in-Residence and other functional specialists in the TVM Operations Group – an accelerator company that supports the development of portfolio companies.
TVM Healthcare Advisors SARL, provide research and advisory services, including screening and comparing new investment opportunities, conducting market assessment and market feasibility studies, delivering financial planning and due diligence, identifying strategic companies for acquisitions of alliances, analyzing market dynamics and building business plans.
About Bourn Hall International
Bourn Hall International (BHI), which was launched in May 2010 through an investment by TVM Capital Healthcare, operates clinics in two locations – Dubai in the UAE, and Gurgaon/Delhi in India.
BHI’s clinics respond to growing demand for IVF services, delivering world-class fertility success rates. Bourn Hall founders invented IVF in 1978 with the first successful birth of a child, Louise Brown, Since then, ‘Bourn Hall’ has become synonymous with IVF and most of what is today the standard treatment protocol for IVF procedures has been pioneered and established by Bourn Hall. As the ultimate testament of Bourn Hall’s world-leading expertise, its founder, Professor Robert Edwards, was awarded the Nobel Prize in medicine in 2010 for the invention of IVF.