December 2, 2020

Movers & shakers

Movers & shakers
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Cigna MEA CEO adds new territory to remit

Cigna Corporation has expanded  the remit of Jerome Droesch, chief executive officer for the Middle East and Africa region to include all markets across South East Asia (SEA) as well as the regional health solutions portfolio. Droesch has successfully led Cigna’s Middle East business and strengthened the company’s standing as...

GC selects new MD for GRS unit

Guy Carpenter has appointed Andrea Piatti as a managing director within its Global Risk Solutions unit. Piatti will be based in Zurich and work closely with Guy Carpenter’s broking and analytics teams across the Europe and MENA region. He will report to Frank Achtert, head of Strategic Advisory, EMEA, and Ronnie Carroll,...

AGCS appoints regional head of liability

Allianz Global Corporate & Specialty has added Luke Baker as its new regional head of liability for regional unit London and Nordics. Baker will join AGCS in 2021 to lead its liability business across the UK, Ireland, Nordics and the Middle East with responsibility for the profitability of the portfolio....

Chubb hires regional casualty manager

Chubb has announced the appointment of Konstantin Tretiakov as regional casualty manager for the Middle East and North Africa region. In his new role Tretiakov will be responsible for growing and managing Chubb’s casualty portfolio for MENA by developing its reinsurance proposition in the Dubai International Financial Centre (DIFC) and Tunisia and offering extensive...

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Wafa Assurance picks a new deputy MD

Wafa Assurance Group has announced that Driss Maghraoui has been appointed as the deputy managing director in charge of the Personal Life Insurance Division of the Wafa Assurance group. In its press release the firm indicated that Maghraoui will replace Slimane Echchihab who has announced his retirement.  Maghraoui will be...

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AIG appoints CEO for GCC, N. Africa

American International Group (AIG), Europe, Middle East and Africa recently announced that Mohamed Ali Bouabane was named chief executive officer of AIG GCC and North Africa. In his new role, Bouabane will manage AIG’s multiple country operations in the UAE, Egypt, Kuwait, Qatar, Lebanon, and Morocco overseeing end-to-end operations including...

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PwC expands insurance practice

PwC Middle East’s financial services – insurance consulting team is expanding with the appointment of senior director, Shahid Safdar. The insurance consulting team brings together considerable expertise and understands the challenges facing the industry in these unprecedented times. Sanjay Jain, financial services partner and Middle East insurance leader said: “I...

Deutsche Rückversicherung sets up Middle East team

As part of its expansion into the Middle East, Deutsche Rückversicherung has appointed Tarik Aouad as head of Middle Eastern Markets, reporting to Board member Achim Bosch and based in Düsseldorf, Germany. The newly created market segment will focus on traditional property and casualty reinsurance business. With his 22 years...

Northern Trust strengthens regional team

Northern Trust has announced two senior appointments to its Middle East and Africa asset servicing business. The new positions, based in Abu Dhabi, United Arab Emirates, support Northern Trust’s continued business growth across the region, and follow the expansion of its senior management team in Saudi Arabia. Justin Miller has been appointed...

Neuberger Berman names regional head

Neuberger Berman has appointed Kaveh Samie as executive chair and head of Middle East and North Africa. He will be based in Dubai and oversee client coverage across the region. Prior to joining Neuberger Berman, Samie spent almost nine years at KKR, most recently as CEO and head of Middle East,...

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