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...
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...
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...
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 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 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,...
Afia Insurance Brokerage Services LLC has appointed John Waldron as the head of IM PRIORITY, the dedicated high net worth division of its aggregator InsuranceMarket.ae. Waldron will be responsible for the growth and development of IM PRIORITY. Commenting on the new appointment, Avinash Babur, chief executive officer at Insurancemarket.ae, said;...
The Chartered Insurance Institute (CII), London, has awarded Husain Al Ajmi with the Allan Bridgewater Award for Excellence, a top honor amongst the CII awards. Al Ajmi becomes the first winner ever of this prestigious award globally. The CII has designated the Allan Bridgewater Award for Excellence to celebrate inclusivity...
Lockton Insurance Brokers UAE has announced the appointment of its new chief executive officer, Faris Khatib, who will provide executive leadership to Lockton MENA Limited’s subsidiary in the UAE. Khatib brings deep rooted experience of the region to the role, from first working for Deloitte ME in its consultancy division and...
The Board of Directors of Qatar-based General Takaful Company has appointed Mohamed Elailah as the company’s general manager. Elailah’s appointment comes after the resignation of Majed Akel from his position as general manager of General Takaful after a long career of contributions and achievements, the company has said in a...
