Monash IVF appoints Andrew MacLachlan as interim chief financial officer
The news: Fertility company Monash IVF Group has appointed Andrew MacLachlan as interim chief financial officer to alleviate Malik Jainudeen, who is acting as chief executive while a permanent replacement is found.
The context: MacLachlan previously spent six years as chief financial officer and more than nine years as deputy chief financial officer of superannuation and share registry administration business Link Group.
Link Group was acquired by MUFG in May 2024 and rebranded as MUFG Pension & Market Services.
Former Monash IVF chief executive Michael Knaap resigned from the role in June, a few days after the company reported it had incorrectly transferred a patient’s own embryo back to them, rather than the embryo of their partner. It was the second embryo mix-up revealed this year.
Chief financial officer and company secretary Malik Jainudeen took on acting duties to replace Knaap as chief executive officer while an executive search got underway.
The source: ASX