The Minister of Public Business Sector, Mr Mahmoud Esmat, has announced a decision appointing Mr Assem Mohamed Fahmy Ragab as the non-executive chairman of Misr Insurance Holding Company, and Mr Mohamed Mahran Taya as managing director and CEO of the company.
The board of directors of New York-listed Reinsurance Group of America, announced that Mr Tony Cheng has been appointed to the role of president, with effect from 4 January 2023.
The CBIRC has issued new requirements relating to the appointment of key personnel in insurance companies, stipulating the key functions in an insurance-related organisation.
The Saudi Central Bank (SAMA), in cooperation with the Financial Academy, has announced the kickoff of a qualification programme to boost financial management talent in the insurance sector.
Marsh, the world's leading insurance broker and risk advisor, has announced the appointment of Mr Christos Adamantiadis as CEO, Continental Europe, effective 1 January 2023.
A new leadership team has been appointed to oversee the NLGIC Group of companies following the recent purchase of RSA Middle East by National Life & General Insurance Company (NLGIC), a flagship insurance subsidiary of Oman International Development and Investment Company (Ominvest). The NLGIC Group is the largest insurance group in Oman.
The European Union Chamber of Commerce in China, through its Insurance Working Group (IWG), has called on the CBIRC to clarify whether or not foreign-invested insurance companies in JVs are subject to requirements to integrate the corporate CCP (Chinese Communist Party) leadership into all aspects of corporate governance.
At the EAIC general business meeting yesterday, the executive committee announced the new executive board for the period of 2022 to 2024. The board comprises:
Mr Mohammed bin Abdullah Al-Khonji, chairman and acting CEO of Takaful Oman, has said that the corporate restructuring of the company has led to its improved performance.
The newly appointed chairman of the board of directors of the Financial Regulatory Authority (FRA), Dr Muhammad Farid, has issued a resolution setting out his terms of reference, as well as those of his deputies and assistants.