| 31 Aug 2010 |
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Solidarity Group gets new CEO
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MANAMA: Ashraf Bseisu, a long-standing SolidaritySolidarity
executive and a prominent member of the region's insurance industry, has been appointed as group CEO with immediate effect. The decision to this effect was announced on Monday following a meeting of the Solidarity Group HoldingSolidarity Group Holding board of directors which approved the new appointment.
The announcement, by Solidarity Group HoldingSolidarity Group Holding Chairman Khalid Abdulla-Janahi, follows a meeting of the board of directors in Bahrain earlier last week. Janahi congratulated Bseisu on the appointment and wished him continued success in his career.
, helping chart out the group's local, regional and international growth and setting the stage for further future expansion," said Janahi. "His appointment as group chief executive recognizes his tried and tested abilities to deliver consistent results in even the most challenging market conditions," he said.Solidarity Group HoldingSolidarity Group Holding
, one of the largest Takaful companies in the world, includes Solidarity Family Takaful Company and SolidaritySolidarity General Takaful Company in Bahrain as well as subsidiaries and associates in Saudi Arabia, Jordan, Egypt, Malaysia and Luxembourg."The Solidarity Group HoldingSolidarity Group Holding board of directors remains firmly committed to its vision of developing SolidaritySolidarity into a leading international Islamic-oriented financial services group generating superior returns to shareholders," said Janahi.
By MAHMOOD RAFIQUE
© Arab News 2010
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