BIA elects new chairman
Solidarity Bahrain chief executive Jawad Mohammed has been elected as the new chairman of the Bahrain Insurance Association (BIA) for the 2021-2022 term. This announcement came as the BIA held its regular general meeting for the financial year ending December 31, 2020 in the presence of representatives of the Central Bank of Bahrain, member companies and external auditors.
The announcement also stated that Gulf Insurance Group (gig) Bahrain chief executive Dr. Abdulla Sultan was elected as the new vice-chairman of the association, while SNIC Insurance general manager Khalid Al Shaikh was chosen as the treasurer and Solidarity Bahrain assistant general manager for compliance, risk management and MLRO Yaser Al Hammadi as the secretary.
In addition, the BIA elected a new board of directors included Adham El Muezzin, managing director of Hannover Re Takaful, Eman Mujali, senior manager at Bahrain National Insurance, Jonathan Jane, senior partnerships director / general manager, Oman & Bahrain, AXA Insurance Gulf, Essam Al Ansari, CEO – Takaful International Company, Younis Jamal, former chairman of the BIA, and Maysa Kooheji, General Manager of United Insurance Company Bahrain.
The meeting also saw approval of the financial statements for the financial year ended 2020 and discussion on the auditor’s report along with the board of directors’ report.
Members of the insurance sector emphasised their full support to the association’s new board towards achieving the goals of the association while representing the insurance sector and supporting the national efforts to elevate this sector which is a fundamental pillar of the national economy.
During the meeting, Mohammed spoke about the increase of female representation in the newly elected board, which is in line with the national strategic objectives.
He also expressed his appreciation to the Central Bank of Bahrain for its support to the insurance sector and to all members of the association as well as the previous board of directors in presenting the interest of the insurance industry in the kingdom.
