Thursday, 21 January 2021 15:25

Iqarus appoints Chief Operating Officer following acquisition

Lizz Munday

Lizz Munday has been appointed chief operating officer of Iqarus - a new name in onshore and offshore occupational health and medical services – to spearhead an ambitious global growth strategy.

Iqarus was formed following the acquisition of Capita PLC’s Aberdeen-based Energy Medical Services business by Tim Mitchell and MML Capital Partners in September 2015.

The new business aims to become an international player in healthcare solutions for remote locations through a combination of acquisition and organic growth which includes building on the existing blue-chip energy customer base and investing in technology-enabled services.

With extensive experience of healthcare solutions for challenging environments, Munday will lead the expansion of Iqarus’ global reach and capabilities.

Commenting on her new role, Munday said: “Iqarus is a compelling new proposition in the marketplace, bringing fresh thinking and efficient, technology-led, bespoke solutions to deliver a tangible return on investment in the health and productivity of workers in the field. While the name is new, the people behind the brand have an impressive and pioneering history in the field of offshore medical support and occupational health. Our goal is to ensure the offshore workforce is healthy, productive and safe even in the most challenging operating locations and conditions.

Through investment in technology, state of the art telemedicine and the multi-skilling of medics, along with the highest standards of service delivery and customer care, we will work proactively and intelligently to get the smartest and most cost-effective results for our clients.”

Munday has 25 years’ experience in senior operation and executive roles within the private and public sectors, including defence, construction and energy. Formerly, president and chief executive of FrontierMedex, which was rebranded as Global Medical after the acquisition by United Healthcare Group, Munday successfully delivered a growth strategy, directing and managing over 300 full-time employees and 4,000 contractors across ten international offices.

She has also held senior management roles with the Shaw Trust, New Philanthropy Capital, Action for Children, the Ministry of Defence’s Procurement Agency, Raytheon, BAE Systems and the Highways Agency.

The new management team, which includes major share-holder, Tim Mitchell as chief executive, have already invested £1million in new technology and a restructure of the business to give increased support to both customers and remote healthcare professionals particularly in the face of the challenges imposed by the lower oil price.

Mr Mitchell built and led the sale of FrontierMedex to United Healthcare Group. He has an intimate understanding of the medical needs of oil and gas and other sectors which operate in remote and challenging environments. He also has senior level experience in security with G4S Risk Management and Kroll Security International.

He said: “Our strategy is bold and aggressive. Having worked with Lizz, I know she is both qualified and up for the challenge of delivering our vision. We aim to rapidly become a dynamic, innovative, technology-led world-leader. Iqarus is already rolling out a new way of working in partnership with our clients. We are designing and implementing sophisticated solutions that will result in added-value benefits which can be measured and monitored. We are also working on several acquisitions and strategic alliances which will increase our global footprint and enhance our service capability.”

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