21 May 2007
Bseisu Heads a BIA Visit to Further Discuss the Advancements in the Insurance Industry

In a step towards the advancement of the insurance industry in the Kingdom of Bahrain, the Deputy Governor of the Central Bank of Bahrain (CBB) H.E. Mr. Anwar Al Saddah met a delegation from the Bahrain Insurance Association (BIA) Board headed by Mr. Ashraf Bseisu, BIA Chairman, to the CBB offices in Manama. 

The visit comes as part of the BIA's efforts to further reinforce the solid relationship with the CBB for its role in developing the insurance industry in the region and strengthening the Bahrain's reputation as the center of financial services in the Middle East.

The visit was attended by Mr. Abdul Rahman Al-Baker and Mr. Tawfiq Shehab, from the CBB, and Mr. Ebrahim Al Rayes and Mr. Yahya Nooruddin from the BIA.

The Chairman of BIA presented a souvenir gift to the Deputy Governor as a token of appreciation for the CBB's and his continual support to the industry and lately the opening of the new BIA headquarters in diplomatic area in Manama.

On this occasion, H.E. Mr. Al Saadah highlighted the importance of the role played by the BIA in promoting and developing the insurance industry in the Kingdom and in promoting Bahrain as  the insurance hub In the region.

Mr. Ashraf Bseisu, Chairman of the BIA, thanked Mr. Al Saddah for the overall support to strengthen the BIA's role and to increase its activities hoping to play an effective role in enhancing the coordination between the private sector and governmental institutions to increase levels of awareness amongst the public, promote higher standards of client service and support the advancement of the kingdom's economy.

-Ends-

For further information, please contact:
Talal AL Quhtani
Manager
Bahrain Insurance Association 
Tel 17825000
Fax 17825131
E-mail: biabah@batelco.com.bh 

© Press Release 2007