May 18, 2024
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Movers & shakers

Movers & shakers

Hadi Riachi moves to India

Global reinsurance giant Swiss Re has announced the appointment of Hadi Riachi as chief executive officer (CEO) of its India branch. Riachi’s appointment remains subject to regulatory approvals and sees him takeover from G. Satish Raju, who has decided to pursue other opportunities outside of Swiss Re. In his new...

ADNIC loses two senior executives

Abu Dhabi National Insurance Company has bid adieu to two senior executives, Abdullah Al-Nuaimi, executive vice president – Shared Services as well as Andrew Woodward, executive vice president – Business Development, according to a Dubai Financial Market filing. Al-Nuaimi is an expert in digital marketing, human capital management, change management and...

Nadia El Tannir, associate, BSA Ahmed Bin Hezeem and Associates LLP

BSA expands insurance practice

Nadia El Tannir has joined BSA Ahmed Bin Hezeem and Associates LLP as an associate in the Insurance practice in Dubai focusing on all aspects of corporate law. Before joining BSA, she had provided a wide range of clients with legal assistance and opinions on several matters and queries mainly...

AGCS hires for Africa team

Robert Ter Morshuizen has been appointed head of Property, Energy and Construction effective from April 1, 2020 reporting to Allianz Global Corporate & Specialty (AGCS) Africa CEO Thusang Mahlangu, global head of Engineering and Construction at AGCS Chris van Gend and AGCS global head of Property Thierry Portevin. Robert has been a senior risk engineer...

GIG Bahrain selects new CEO

Bahrain Kuwait Insurance Company (GIG Bahrain) has announced the appointment of Dr. Abdullah Salah Sultan as chief executive officer. Dr. Sultan replaces Ebrahim Alrayes who is retiring on the same day. Prior to joining GIG Bahrain, Dr. Sultan held several senior management positions. Most recently, he was in the role...

Fidelity United chooses distribution head

Fidelity United has announced the appointment of Tammam Abdullah as head of Distribution. A veteran in broker management and direct sales business relations, Abdullah joins with more than 21 years of in-depth industry experience. Abdullah will be pivotal in driving forward the distribution arm force and encouraging business growth for...

Orient Insurance hires KSA head

Orient Insurance has been approved by the Saudi Arabian Monetary Authority (SAMA) to open branches in Saudi Arabia, and this is the first authorisation of a foreign company to open branches in the Kingdom. The company is currently working to complete the licensing procedures. The company is expected to start...

Ceerisk hires Maher El Hinawy

Ceerisk has announced that the appointment of Maher El Hinawy to the team in Amman, Jordan. He brings 23 years of experience working with the Jordanian Civil Defence Directorate where he was the Head Investigator of fires across the country. In addition to his experience investigating fires, El Hinawy was also responsible for conducting fire...

ATI Appoints Deepak Dave

The African Trade Insurance Agency (ATI) has recently appointed Deepak Dave to the new positon of chief risk officer (CRO). The position is part of ATI’s medium-term strategy to strengthen its overall risk management function. The position is seen as key to ATI’s continued business and membership growth, which has...

Wealth management group Julius Baer has appointed Alireza Valizadeh as CEO of Julius Baer (Middle East) Ltd. and Shaj Babu as CEO of Julius Baer (Bahrain) BSC (c). Valizadeh brings with him more than 25 years of experience in the wealth management industry. In his role as CEO, he will have the mandate to further strengthen Dubai as the main hub for the Group’s operations in the region. In addition, he continues to be responsible for the growth of the Middle East and Africa business from the Dubai and Manama offices. Alireza joined Julius Baer in Dubai 14 years ago, held many senior roles, and played an instrumental role in the growth of the bank. Prior to joining Julius Baer, he was a part of the management team at Credit Suisse where he managed substantial assets for Ultra High Net-worth Individuals and Institutions. Shaj Babu will be responsible for leading the growth journey of the office in Bahrain, which has been present for over 40 years. He has a wealth of experience from over 10 years in the field of finance and 15 years in banking and wealth management in different approved functions between Bank of America Merrill Lynch and Julius Baer. Commenting on the recent appointments, Régis Burger, head - Middle East & Africa, said: “The Middle East is one of the most attractive regions for wealth management and we are looking forward to further developing our successful business in these key markets. I am delighted to welcome Alireza and Shaj in their new roles as CEOs of our operations in Dubai and Manama respectively. These appointments show continuity and I am confident that they will be able to accelerate our growth strategy given their deep understanding of client needs as well as of Julius Baer’s heritage.” Valizadeh commented: “My priority is to focus on strengthening Dubai as our regional hub and to ensure our clients continue to receive our well-established range of solutions while focusing on capturing the wealth creation dynamics here. I am honoured to be taking up this new role and to represent a premium brand in global wealth management.” Babu, CEO of Julius Baer (Bahrain) BSC (c), said: “I am pleased to further build on what we have already achieved over the past 40 years in Bahrain. Our solid relationships with our clients in the Kingdom and our dedicated senior team will allow us to continue strengthening our presence in the market.”

Julius Baer announces senior hires

Wealth management group Julius Baer has appointed Alireza Valizadeh as CEO of Julius Baer (Middle East) Ltd. and Shaj Babu as CEO of Julius Baer (Bahrain) BSC (c). Valizadeh brings with him more than 25 years of experience in the wealth management industry. In his role as CEO, he will...

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