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Source: Middle East Insurance Review | Mar 2017

Global: IAIS names successor to Secretary General Yoshihiro Kawai
The International Association of Insurance Supervisors (IAIS) has named Mr Jonathan Dixon as the successor to long-time Secretary General Yoshihiro Kawai. 
 
   Mr Dixon will join the Secretariat on 1 September as part of a two-month transition before taking over as Secretary General after the end of the IAIS’ Annual Conference on 3 November 2017. 
 
   Since 2008, Mr Dixon has served as Deputy Executive Officer of the Financial Services Board of South Africa, with oversight of insurance regulation and supervision. In this role, he has transformed insurance regulation and supervision into a more proactive, risk-based and outcome-focused approach. 
 
   Mr Dixon has also been an active participant in the IAIS, having held a number of leadership positions, including IAIS Executive Committee member since 2009 and Chair of the Implementation Committee since 2012. 
 
   Among his many accomplishments, he spearheaded the creation of a Coordinated Implementation Framework for maximising the impact of IAIS implementation initiatives and was part of a small leadership team that developed the current IAIS five-year strategic plan. 
 
   As Chair of the Governing Council for the Access to Insurance Initiative, he is a highly regarded leader on inclusive and responsible insurance.
 
   Mr Kawai joined the IAIS as Deputy Secretary General in 1998 before assuming his current position in 2003. 
 
   Under his leadership, the IAIS has been transformed into the international standard setter for insurance and become an integral part of the international financial architecture to support global financial stability. 
 
   He has led the Secretariat through a period of enormous growth, including the adoption of comprehensive Insurance Core Principles, identification of G-SIIs (global systemically important insurers) and development of G-SII policy measures, and development of the first-ever global insurance capital standard – the Basic Capital requirement (BCR).
 
   In 2015, at the request of the Executive Committee, Mr Kawai agreed to postpone a planned departure and remain in the position for an additional two years to steer the association through the completion of several key projects. 

Chubb names Regional Director of Property & Casualty, Eurasia & Africa
Chubb has promoted Mr Nikolay Dmitriev, currently Regional Managing Director – Russia, CIS & Turkey, to the additional new role of Regional Director of Property & Casualty (P&C), Eurasia & Africa, as it continues to position itself for targeted growth in this important emerging region. 
 
   In his new role, Mr Dmitriev will lead the development of Chubb’s P&C business across the Eurasia & Africa region, ensuring that the company’s offering and underwriting capabilities match the rapidly evolving risk transfer needs. Working closely with country presidents and product line managers on the ground, he will further evolve Chubb’s P&C strategy, driving the development of new propositions and exploring opportunities offered by new distribution channels. 
 
   Mr Dmitriev retains his current duties as Country President for Russia and the CIS. He will continue to be based in Moscow and will travel throughout the region. He will continue to report to Mr Giles Ward, Regional President for Chubb in Eurasia & Africa. 
 
   Mr Dmitriev has 22 years of insurance industry experience, including nine at Chubb. He joined the company in his current position in 2008 from AIG, where he served as President of AIG Russia for four years. Previously, Mr Dmitriev held underwriting and underwriting management roles spanning property, energy, construction, casualty and financial lines within AIG in Russia. 
 
   The company also announced that Mr Emre Bugday, Country President for Chubb in Turkey who previously reported to Mr Dmitriev, will now report directly to Mr Ward, effective immediately. This reflects the continued importance of Turkey to Chubb’s regional strategy. 

Bahrain: Gulf Union Insurance & Reinsurance appoints CEO
Gulf Union Insurance & Reinsurance Co BSC (GUIRCO) has announced the appointment of Mr Vineet Kumar as the CEO to manage the day-to-day operations of GUIRCO within authorities approved by the Board. His appointment took effect in early January 2017.
 
   Mr Kumar has nearly 30 years of retail insurance and reinsurance experiences in Bahrain, India and Hong Kong. He joined Gulf Union from New India Assurance Co Bahrain where he was the Chief Operating Officer for more than five years.

Jordan: Fenchurch Faris appoints Manager of Amman office
Fenchurch Faris Ltd has appointed Ms Farah Obeidat as Manager of Faris Insurance Services, a wholly-owned subsidiary in Amman. She is tasked with growing the company’s local and regional book of business. 
 
   Her insurance experience includes prominent roles at Arab Orient Insurance Company and International General Insurance (IGI), both in Jordan.  

Jordan: APEX Insurance strengthens consulting team
     Mr Basem Haddadin and Mr Yacoub Sawalha have joined the Consulting Team at APEX Insurance. They will be working through APEX offices in the MENA region to provide professional consultation for clients on their technical insurance needs in the commercial, industrial and financial segments. 
 
   In addition, they will provide business solutions to direct insurers in the region.
 
   They will advise clients on their insurance needs in terms of covers and claims settlements, as well as work with them on adopting and implementing efficient Enterprise Risk Management (ERM). They will provide business solutions and consultation to direct insurers in the MENA region on areas such as corporate governance, risk management, bancassurance, reinsurance, technical rating processes, in addition to conducting training sessions and providing technical materials to their employees in order to increase their efficiency and effectiveness. 

Takaful Malaysia appoints CFO 
Syarikat Takaful Malaysia Bhd (Takaful Malaysia) has promoted Encik Jazimin Izzat Bin Wan Zoolkifli as the group’s new Chief Financial Officer with effect from 1 February.
Encik Jazimin Izzat was previously the group’s Head of Finance since July 2016.
 
   The chartered accountant earlier served in Perbadanan Insurans Deposit Malaysia (PDIM) for 10 years. He also previously worked at Malaysia Airlines, MISC Bhd, Bernas Production Sdn Bhd, HeiTech Padu Bhd and ArthurAndersen & Co.
 
If there is a change in the top management team in your company, email the Editor at editor@meinsurancereview.com
Also, please attach a brief resume and photograph of the official concerned.
 
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