Tory MP for Wimbledon to get non-executive role in Yorkshire

OptiBiotix Health, which develops compounds to tackle obesity, high cholesterol and diabetes, said that it intends to appoint Stephen Hammond, MP, as a non-executive director, subject to the completion of regulatory due diligence.
By Ros Snowdon
Published 2nd Feb 2021, 14:17 BST
Stephen Hammond has been a Conservative Member of Parliament for Wimbledon since 2005Stephen Hammond has been a Conservative Member of Parliament for Wimbledon since 2005
Stephen Hammond has been a Conservative Member of Parliament for Wimbledon since 2005

Mr Hammond has been a Conservative Member of Parliament for Wimbledon since 2005.

His roles have included Parliamentary Under Secretary of State for Transport from 2012 to 2014 and more recently Minister of State for the Department of Health and Social Care from 2018 to 2019.

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Prior to his role in politics, he had a career in finance at a leading fund management house and at a number of major European investment banks.

Neil Davidson, chairman of York-based OptiBiotix, said: “Stephen’s appointment reflects the continued evolution and ambition of the board as the company moves into the next phase of its development in becoming a profitable international business with global brands.

"Stephen’s international understanding of healthcare, finance and experience of working in senior positions within finance and government complements the current board’s wealth of experience.

“The company anticipates that there will be further additions and changes to the board and management teams as it continues to grow sales, expand into international markets and commercialises its next generation products.”

Related topics:WimbledonYork