From turmoil to transformation, Clarity Medical Group CEO Jiang Bo charts a fresh course with governance reform, insurance innovation and cross-border ambitions
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When Jiang Bo took up the helm as CEO of Clarity Medical Group (1406.HK) last year, the Hong Kong-listed specialist eye care provider was mired in severe financial losses and, more importantly, a history of governance issues. These issues triggered a trading suspension and the creation of two special investigation committees to examine them.
Now emerging from its most difficult period, Clarity has a 20/20 vision for the future that Jiang says is built on governance reform, operational discipline and ambitious growth.
“When I came in, the situation was more complicated than I had imagined. I had to lift the lid on legacy issues. Only then could we build a future,” he says candidly. His first move was a sweeping clean-up by reshuffling the board, bringing in respected figures, engaging the board under chairman Anthony Wu’s leadership to function more effectively. Underperforming clinics were shut, poorly structured loans to former doctors were recovered, and past missteps were decisively corrected.
