Melbourne, Australia: BTC Health (ASX: BTC) (BTC or the Company) is pleased to announce the appointment of Salesh Balak as Chief Financial Officer and Company Secretary, effective 17 March 2025. This appointment reflects the underlying expansion of the BTC business, and the appointment of Josh Kahanovitz, current Head of Finance, into the role of Chief Operating Officer from 17 March 2025.
Salesh joins BTC from Universal Biosensors Australia, where he was the Chief Financial Officer and Company Secretary for more than 18 years. He is a member of the Institute of Chartered Accountants, (CA) and Certified Practicing Accountants (CPA).
BTC’s current Company Secretary, Tracy Weimar, will remain in place through 16 March 2025 and resign to coincide with Salesh's appointment. For the purposes of ASX Listing Rule 12.6, Salesh will be responsible for communications between the Company and ASX from 17 March 2025.
BTC Health Executive Chairman Dr Richard Treagus said, “I am delighted to welcome Salesh to BTC. He brings significant international experience applicable to high-growth companies in the healthcare and medical sectors. He joins us at an exciting time in BTC’s growth journey and he will be a valuable addition to the leadership team.
About us:
About BTC Health
BTC Health is a registered Pooled Development Fund and has investments in three core medical companies:
- BTC Speciality Health, which is responsible for the commercialisation and distribution of medical devices and medical consumables in the therapeutic categories of acute pain management and neurospinal surgery.
- BTC Pharma, which undertakes the registration, development, sales and marketing of specialised pharmaceutical medicines, that serve niche markets and rare diseases.
- BTC Cardio, which is dedicated to the marketing and distribution of highly specialised cardiovascular medical equipment and single-use consumable products used by cardiac surgeons and critical care experts.
Contact details:
For more information, please contact:
BTC Health Limited (ASX:BTC)
Dr Richard Treagus
Executive Director
T: +61 417 520 509
E: rtreagus@btchealth.com.au
Tracy Weimar
Company Secretary
T: +61 3 9692 7222
E: tracy.weimar@vistra.com
Investor Relations
The Capital Network
Julia Maguire
T: +61 2 7257 7338
E: julia@thecapitalnetwork.com.au