Dubai-listed Arab Insurance Company (Salama) has appointed a new chief executive officer (CEO) following the resignation of Parvaiz Siddiq.

After five years’ service, Siddiq has submitted his resignation “for personal reasons”, the company said in a statement to Dubai Financial Market (DFM).

Fahim Al Shehhi will be the new CEO effective January 13th, the company said.

(Writing by Imogen Lillywhite; editing by Cleofe Maceda)

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