Actuarial firm Milliman has announced the launch of a new office in Israel and Turkey, as part of its ongoing plans for expansion in the Middle East. The Tel Aviv office will be headed up by Benny Gabbay and Daniel Sharon, and will offer Milliman’s full range of insurance and...
Allianz Africa Financial Services has named Arthur Yao as chief underwriting and reinsurance officer, with effect from September 1, 2018. In his new role at Allianz Africa Yao will be responsible for direct underwriting and reinsurance strategies across all lines of business in the region and will be based in...
Swiss Re has appointed Russell Higginbotham as CEO Reinsurance EMEA and Regional President EMEA and member of the Group Executive Committee. He succeeds Jean-Jacques Henchoz, who has decided to pursue an opportunity outside Swiss Re. Higginbotham has worked for Swiss Re for 24 years in roles across multiple business areas...
Gilbert Chahine has been appointed chief executive officer of AXA Partners, the entity of the AXA Group Innovation Business Unit dedicated to forging global insurance and business partners. Prior to this appointment, Gilbert Chahine was chief executive officer of AXA Egypt. Guillaume Borie, AXA chief group innovation officer, said the...
Reinsurance Group of America, Incorporated announced the appointment of Hazel M. McNeilage along with John J. Gautier to its Board of Directors. The two independent directors will begin their service in July 2018. The new addition increases the number of RGA directors to 11. “I am very pleased to welcome...
Global investment manager Nuveen has appointed Rune Sanbeck as head of International Advisory Services for the Europe, Middle East and Africa (EMEA) region. In this newly created role, Sanbeck will lead Nuveen’s strategy to deliver the firm’s asset management expertise and solutions to clients across the EMEA region. He reports...
MAXIS GBN has announced new organisational changes following a strong year of performance in 2017 and the first half of 2018. These changes will allow MAXIS GBN to target new markets and continue with planned international expansion. In addition to his current role leading the UK, Middle East & African...
Global financial advisory group The Fry Group recently announced that Stuart McCulloch will join as market head, Middle East to lead business expansion in the region. McCulloch has 27 years’ experience in regulated financial services in the UK and the Middle East. He will be tasked with growing the business...
Arab Insurance Group (Arig) recently announced the end of services of Yassir Albaharna as CEO. Samuel Verghese has been appointed as acting CEO until further notice. Firas El Azem continues to lead the Reinsurance Operations. Verghese joined Arig in March 1997 in the Finance department and assumed the role of...
Moody’s Investors Service has announced that it has established an office in Riyadh expanding the company’s global outreach and deepening its role in the Kingdom of Saudi Arabia’s debt capital markets. At the same time, Moody’s has appointed Mahmoud Totonji as general manager and head of relationship management, for the Kingdom...
