The United Cooperative Assurance Company has announced the upcoming retirement of its CEO, Mr Mohammed bin Mohammed Saeed Basrawi, effective 30 June 2025.
Mr Shaher bin Mahmoud Al-Madani will take over Mr Baswawi’s role as the company’s new CEO, effective 1 July 2025 and subject to regulatory approvals.
Mr Al-Madani has nearly 20 years of experience. He holds a bachelor in business administration from the King Faisal University, and has also completed several executive and leadership programmes in Saudi Arabia and abroad.