Business Chief ME+AFRICA Magazine December 2023 | Page 36

TOP 1O

RICHARD UMBERS Ryman Healthcare

Market value : US $ 2.88 billion
A seasoned retail leader and CEO with extensive experience in leading large global businesses , Richard Umbers was appointed Group CEO of Ryman in 2021 – and has since taken New Zealand ’ s largest listed retirement business to new heights with assets of $ 12.51 billion ( March 2023 ), up 14.1 % on 2022 .
Richard has led Ryman to increased underlying profits while repositioning the business for future growth with a refocused future pipeline to achieve positive free cashflow by FY25 .
Among his previous retail experiences , Richard served as divisional director of buying at supermarket retailer Kaufland in Germany , and CEO at retailer Myer in Australia . He has also held senior roles at Woolworths in Australia and at Australia Post and Aldi in Europe .