KFM announces the appointment of Preeya Bailie as Managing Director
March 2025 – KFM is pleased to announce the appointment of Preeya Bailie as its new Managing Director, effective 1 July 2025. Preeya brings extensive senior leadership experience having held a variety of roles across the NHS, alongside a deep knowledge of the wider healthcare sector.
“It’s a pleasure to welcome Preeya to KFM,” said Mike Brown, KFM’s Non-Executive Chair “Her wealth of experience, strategic vision, and leadership will be instrumental in strengthening our support for the NHS. I look forward to seeing her drive innovation and efficiency as we continue to enhance the services we provide.”
With a strong background in strategic procurement Preeya will continue to lead KFM in its mission to deliver high-quality, cost-effective support services to the NHS and the wider healthcare sector.
Roy Clarke, KCH Chief Financial Officer and KFM Board Member said “On behalf of the KFM Board, I’m pleased to welcome Preeya to KFM. Her expertise, vision, and leadership will be important as we continue to drive innovation to deliver efficient, high-quality services. By working together, we can continue to innovate, enhance market value, and optimise third-party expenditure - ensuring financial sustainability while making a real impact. I look forward to working with Preeya and the KFM team to strengthen our operations, and to drive further improvements to the high-quality service KFM already provides.”
Prior to joining KFM, Preeya served as Director of NHS Central Commercial Function at NHS England, where she was instrumental in establishing the first National Energy Agreement, overseeing the rollout of a single Commercial System across the NHS, delivery of the Net-Zero Supplier Roadmap, and establishing a Learning and Development Centre of Excellence. These initiatives have already had a profound impact, benefitting key stakeholders including KFM.
Speaking about the appointment, Preeya said: “I am looking forward to joining KFM at such a critical time. KFM plays a vital role in supporting the NHS alongside other healthcare partners, and I look forward to working with the team to build on KFM’s strong foundation and to ensure we are able to respond to evolving needs and challenges.”
KFM remains committed to advancing innovation and excellence in healthcare, ensuring our customers can deliver world-class patient care. Under Preeya Bailie’s leadership, KFM is strategically positioned for growth, maintaining its dedication to healthcare excellence while reinvesting all cost savings and benefits into the NHS to enhance services and drive meaningful improvements in patient care.
Notes to editors;
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KFM provides healthcare support services, partnering with healthcare organisations enabling them to deliver world class patient care. KFM is owned by King’s College Hospital NHS Foundation Trust making KFM a public authority. With a turnover of around £220 million, all KFM’s profits and cost savings are reinvested in the NHS. KFM’s end-to-end managed services cover all areas and specialties including procuring and supplying all clinical supplies, medical equipment plus maintenance, training and technical support and outpatient pharmacy dispensing services.
Recognised for their innovative and collaborative approach, KFM has won multiple awards highlighting its dedication to delivering first class healthcare support services. In March 2023, KFM received the 'Procurement Project of the Year' award for the second time and was highly commended for 'Most Effective Contribution to Patient Safety' at the HSJ Partnership Awards. Additionally, KFM was awarded the 'Best Consultancy Partnership with the NHS' award at the HSJ Partnership Awards 2021 as well as winning the 'Best Use of Technology in Acute Care' at the Building Better Healthcare Awards 2021.
With over 350 staff, KFM are committed to supporting their workforce and local community, which was highlighted in 2023 when KFM received a Gold Award from the Ministry of Defence Employer Recognition Scheme for its positive role in supporting the Armed Forces community.