Eleven insurance leaders, including one woman, have been recognised as some of the region’s best 100 CEOs for their roles in their companies’ growth, as well as in creating jobs, maintaining profitability for their shareholders and applying corporate governance.
Five of the 11 insurance CEOs were from Saudi Arabia, followed by three from the UAE, two from Qatar and one from Oman. Ms Sayidda Rawan Ahmed Al Said, CEO of Takaful Oman Insurance, was among three female chiefs who made it to the top 100.
The Top CEO Awards, organised by Trends magazine and INSEAD Business School, ranked the CEOs based on the financial statements of publicly listed companies. Hawkamah helped assess corporate governance standards and disclosure criteria.
The 11 CEOs are:
• No. 9 – Mr Tal Nazer, CEO, Bupa Arabia for Cooperative Insurance, Saudi Arabia;
• No. 28 – Mr Ghazi Abu Nahl, Group CEO, Qatar General Insurance & Reinsurance Company, Qatar;
• No. 40 – Mr Khalifa Abdulla Turki Al-Subaey, Group President & CEO, Qatar Insurance Company, Qatar;
• No. 45 – Mr Mohammed Al Habtoor, Managing Director, Dubai National Insurance & Reinsurance Company, UAE;
• No. 66 – Mr Mohammed Mazhar Hamadeh, CEO, Al Ain Ahlia Insurance Company, UAE;
• No. 67 – Mr Sager Nader Shah, Managing Director & CEO, Aljazira Takaful Ta’wuni Company – Saudi Arabia;
• No. 78 – Mr Mohammed Othman, CEO, Insurance House, UAE;
• No. 80 – Ms Sayyida Rawan Ahmed Al Said, Managing Director, Takaful Oman Insurance, Oman;
• No. 88 – Mr Raeed Al-Tamimi, CEO, The Company for Cooperative Insurance (Tawuniya), Saudi Arabia;
• No. 93 – Mr Abdulrahman Bin Saleh Al-Abrah, CEO, Al Ahli Takaful Company, Saudi Arabia; and
• No. 98 – Mr Abbas Abdul Jalil, CEO & General Manager, Trade Union Co-operative Insurance, Saudi Arabia.