Singapore-headquartered asset management firm, CBC Group has announced the appointment of healthcare industry veteran, Abbas Hussain, as Operating Partner.

In this role, Abbas will closely partner with CBC's business teams to identify, assess, and pursue investment opportunities and strategic acquisitions to enhance the value of the firm's existing portfolio.

Fu Wei, Chief Executive Officer of CBC Group, said, "Abbas has a wealth of experience operating in the healthcare industry, with deep expertise in key areas such as pharmaceuticals and biotech. His knowledge and insights will add significant value to our investment strategy, complementing our efforts to expand our business and ecosystem across Asia and beyond". 

Hussain's more than 30 years of experience in healthcare has seen him helming senior positions at leading international firms such as British pharmaceutical group, GlaxoSmithKline, and US pharmaceutical group, Eli Lilly, where he worked with the company's businesses across the US, Europe, Asia, and Australia. Prior to his current roles with CSL Vifor (formerly Vifor Pharma) Abbas was senior advisor at CBC Group.