API Limited has announced that it has appointed George Tambassis to the role of non-executive director of the company, effective immediately
In a statement this week API noted Mr Tambassis’ “deep” knowledge of the pharmacy sector, “with significant strategic and operational experience developed over 35 years”.
This included 15 years as a director of the Pharmacy Guild of Australia, and more than seven years as its national president, in which role he headed negotiations between the Guild and Governments to conclude the 6th and 7th Community Pharmacy Agreements.
Mr Tambassis has operated community pharmacies for more than 30 years.
He was also inaugural president of the World Pharmacy Council and an Associate Expert Group member at the OECD advising on global best practice approaches and innovations in pharmacy and the broader health sector.
Ken Gunderson-Briggs, API’s Chair, said that Mr Tambassis’ pharmacy experience will be of great benefit to API.
“Few individuals can rival George’s depth of knowledge of community pharmacy,” Mr Gunderson-Briggs said.
“He is one of the most highly respected business leaders in the sector and has played an integral role in shaping modern community pharmacy in this country.
“We are honoured that George has agreed to join our Board.”
The Pharmacy Guild congratulated its former national president on the move.
National President of the Guild Trent Twomey congratulated his predecessor and said Mr Tambassis’ involvement would add great strength, experience and critical insight to the API board.
“API is one of the major players in the pharmacy sector and having George Tambassis’ expertise on hand will be a great benefit to the company and to the community pharmacies the company deals with on an everyday basis,” he said.
“George was National President of the Pharmacy Guild for just on seven years during which time he led the Guild through many challenging issues, and few know the industry as well as he does.
“He signed both the Sixth and Seventh Community Pharmacy Agreements.
“With the Sixth Agreement he led the result which saw about $18.9 billion provided in remuneration for community pharmacies, while the Seventh Agreement benefits Australians living in rural and remote areas, as well as Aboriginal and Torres Strait Islander people.
“The Agreements are fundamental to how the community pharmacy sector operates and his expertise in this area, as well as across the whole sector, will provide strong insight to API.
“George’s vast experience as a community pharmacist will also see him bring the hands-on knowledge that is so valuable to any company involved in this sector.”
Mr Tambassis will seek election at the Company’s Annual General Meeting on 14 December 2021.