George Savvides
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George Savvides (born 20 October 1956)
Retrieved 22 October 2015
is an Australian businessman and chairman of the
Special Broadcasting Service The Special Broadcasting Service (SBS) is an Australian hybrid-funded public service broadcaster. About 80 percent of funding for the company is derived from the Australian Government. SBS operates six TV channels ( SBS, SBS Viceland, SBS Wor ...
(SBS). Between 2002 and 2016 he was the Managing Director of
Medibank Private Medibank Private Limited, better known as simply Medibank, is one of the largest Australian private health insurance providers, covering 3.7 million people in 2021. Medibank initially started as an Australian Government not-for-profit insurer i ...
Limited.


Education

George Savvides is the son of Greek Cypriot parents who arrived in Australia in 1950. He was the first person in his family to go to university. He trained as an industrial engineer and has a Bachelor of Engineering (Honours) from the
University of New South Wales The University of New South Wales (UNSW), also known as UNSW Sydney, is a public research university based in Sydney, New South Wales, Australia. It is one of the founding members of Group of Eight, a coalition of Australian research-intensiv ...
. While working full-time he obtained a Master in Business Administration from the
University of Technology, Sydney The University of Technology Sydney (UTS) is a public university, public research university located in Sydney, New South Wales, Australia. Although its origins are said to trace back to the 1830s, the university was founded in its current form ...
,Medibank Private
/ref> which included a final year thesis on the Japanese TQM & Lean manufacturing process.


Career

In 1992, he was CEO at
Smith & Nephew Smith & Nephew plc, also known as Smith+Nephew, is a British multinational medical equipment manufacturing company headquartered in Watford, England. It is an international producer of advanced wound management products, arthroscopy products, ...
Australia/New Zealand (a UK-based global healthcare company), and BOC (British Oxygen Co.) In 1996, he led Sigma Company Ltd, then a private cooperative supplying pharmacists, through six major acquisitions and then in late 1999 into public ownership and listing on the
Australian Stock Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
. After a short stint as Managing Director of Healthpoint Technologies Limited in 2002 he was appointed to the board of
Medibank Private Medibank Private Limited, better known as simply Medibank, is one of the largest Australian private health insurance providers, covering 3.7 million people in 2021. Medibank initially started as an Australian Government not-for-profit insurer i ...
as a non-executive director on 6 September 2001CEO Forum Group
/ref> and was appointed Managing Director on 19 April 2002. He joined the organisation at a time when it was making a significant loss ($175 million for 2001-02), but by 2004-05 had turned that around to a record profit ($130.8 million). He was a Councillor of the Australian Health Insurance Association (AHIA) and the
International Federation of Health Plans International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ...
, and Director of the Australian Centre for Health Research Limited (ACHR). He was also a Director of
World Vision Australia World Vision Australia (WVA) is an ecumenical Christian non-governmental organisation based in Melbourne, Australia. It is a part of the ''World Vision International Partnership'' led by World Vision International. WVA is Australia's largest ov ...
(board member 1998 to 2011) and World Vision International (board member between 2001-2011). He chaired the Stewardship Committee (Finance Committee) and was a member of the World Vision International Executive Committee. He is a Fellow of the Australian Institute of Company Directors. On 21 October 2015 he announced his retirement from Medibank, to take effect at the end of March 2016. He was appointed to the Special Broadcasting Service (SBS) Board as Deputy Chair in March 2017, and on 9 July 2020 it was announced that he had been appointed as Chair for a period of five years.


Personal

He married in November 1979.The Age, 3 October 2005
/ref> He and his wife Vivian have sponsored, starting when they married, many children through
World Vision In its most general sense, the term "world" refers to the totality of entities, to the whole of reality or to everything that is. The nature of the world has been conceptualized differently in different fields. Some conceptions see the worl ...
. They are committed Christians and are involved in the NewPeninsula Baptist Church where he chairs the Board. His philosophy is that "the expression of our faith was never meant to be divorced from the world of work". He refers to the workplace as "the vineyard we have been called to work in where faith and work are not separated". He enjoys fast boats and has played hockey since his childhood. He played for the
Melbourne University The University of Melbourne is a public research university located in Melbourne, Australia. Founded in 1853, it is Australia's second oldest university and the oldest in Victoria. Its main campus is located in Parkville, an inner suburb no ...
Hockey Club Blues Veterans team until 2016.The Australian, 11 February 2008
/ref> Savvides was made a Member of the
Order of Australia The Order of Australia is an honour that recognises Australian citizens and other persons for outstanding achievement and service. It was established on 14 February 1975 by Elizabeth II, Queen of Australia, on the advice of the Australian Go ...
in the 2020
Australia Day Australia Day is the official national day of Australia. Observed annually on 26 January, it marks the 1788 landing of the First Fleet at Sydney Cove and raising of the Union Flag by Arthur Phillip following days of exploration of Port ...
Honours for "significant service to the community, to charitable groups, and to business."


References

{{DEFAULTSORT:Savvides, George Living people 1956 births Australian chief executives Australian Anglicans Australian people of Greek Cypriot descent University of Technology Sydney alumni Fellows of the Australian Institute of Company Directors Members of the Order of Australia