Al Buhaira National Insurance Company (ABNIC) has appointed Mr Ahmed Khalifa as CEO, following the Central Bank of UAE's non-objection, according to a company disclosure filed with the Abu Dhabi Exchange.
Mr Khalifa has more than 30 years of professional and leadership experience in the insurance sector across the UAE, Saudi Arabia and Egypt, in addition to regional experience in a number of regional markets.
Before Joining ABNIC, he was CEO of the Insurance Cluster at Contact Financial, where he was responsible for the strategic and operational oversight of Sarwa Insurance, Sarwa Life and Contact Insurance Brokerage, while concurrently serving as Managing Director and Chief Executive Officer Of Sarwa Insurance. He has also previously served as Assistant General Manager – Non-Marine at Orient Insurance in the UAE and as Technical Director at Royal & Sun Alliance in Saudi Arabia.
In addition, he previously served as head of reinsurance for the Middle East and held senior leadership and technical positions at Allianz Insurance, AG, Marsh and Misr Insurance.
The company noted that Mr Khalifa has not yet commenced his duties as of the date of the disclosure and that it would disclose his start date once determined.