AXA appoints Chairman, Vice Chairman

Both Abalkhail and Khosrow will assume their positions until 31 July 2024

  
The logo of AXA insurance is seen at an office building in Basel, Switzerland March 2, 2020.

The logo of AXA insurance is seen at an office building in Basel, Switzerland March 2, 2020.

REUTERS/Arnd Wiegmann
Riyadh – AXA Cooperative Insurance Company has appointed Yousef Saleh Abalkhail as the new Chairman of the board for the coming three years, according to a bourse disclosure on Tuesday.

The company also named Bijan Khosrow as the Vice Chairman for the same term, which started on 1 August 2021.

Both Abalkhail and Khosrow will assume their positions until 31 July 2024.

It is worth noting that the insurance company posted 1.41% year-on-year (YoY) decline in net profits to SAR 124.179 million in the first nine months (9M) of 2021, compared to SAR 125.955 million.

 

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