News Tech: One of the fastest-growing digital healthcare firms in the world, Babylon Holdings Limited (NYSE:BBLN), has announced that David Humphreys will take over as the organization’s new chief financial officer.
After leading the Finance division for the previous two years, Mr. Humphreys stated: “I am pleased to be taking on the post of CFO and to lead Babylon through its next stage of growth as a listed business. As Babylon’s CFO, I’m looking forward to using my in-depth knowledge of American capital markets and offering financial strategic insights to the boards of creative emerging firms.
Mr. Humphreys has been employed by Babylon for almost two years in the position of Finance Director, where he is in charge of expanding and developing the company’s financial operations. He worked with the boards and executives of fast-moving, rapidly-growing companies such as Tesla and Facebook for more than 20 years while based in the US as a Silicon Valley and New York Partner with PwC. He provided accounting consulting, transaction, IPO, M&A, and auditing services to ensure compliance with PCAOB and SEC reporting requirements. Mr. Humphreys, a U.S. Certified Public Accountant (CPA) and an ICAEW Fellow Chartered Accountant, worked as a Practice Fellow at the International Accounting Standards Board during his tenure at PwC.
Charlie Steel, the current chief financial officer, will resign from his post to explore a different opportunity. To facilitate the smooth handoff of his duties to Mr. Humphreys, Mr. Steel will stay at Babylon for a while.
The CEO and Founder of Babylon, Ali Parsa, expressed his joy at David’s decision to accept a larger position with the company. We will benefit greatly from his extensive knowledge of the U.S. public markets and track record of assisting world-class businesses as we expand. I’d want to take this chance to thank Charlie for helping Babylon flourish over the past five years and wish him the best of luck in his new position. He will always be a stockholder who is supportive and a Babylonian.