Dubai: Lockton Insurance Brokers UAE has announced the appointment of its new Chief Executive Officer, Faris Khatib. Khatib will provide executive leadership to Lockton MENA Limited’s subsidiary in the UAE.
Khatib brings deep rooted experience of the region to the role, from first working for Deloitte ME in its consultancy division and subsequently joining Lockton MENA in 2012 engaging on key partnerships relating to strategic expansion projects. More recently, he assumed the role of the Employee Benefits leader for the region and was appointed to Lockton’s Global Employee Benefits leadership committee. The Employee Benefits practice was transformed regionally under his leadership.
Neil Nimmo - Managing Partner LLP Board & Chief Executive Officer LIHL Board said: “It is with great pleasure that I welcome and congratulate Faris on his new role as CEO of Lockton Insurance Brokers UAE. Under Faris’s leadership with his extensive experience and success in the Middle East Insurance market, coupled with his passion and vision for the business, I have no doubt we can look forward to the continued and further success and growth of Lockton Insurance Brokers UAE.”
Fadi Askhar joined Lockton Insurance Brokers on 15th June 2020 as the new Head of Employee Benefits Practice. He is a well accomplished leader, with more than 20 years’ experience in the Middle East insurance market. Fadi held throughout his career several senior positions at Metlife, Aviva, and most recently Zurich where he was the Head of Life and Pensions for Middle East and Asia Pacific.
Adeeb Al Naser also joined on the 15th June 2020 as Head of Business Development. He started his career in 2007 with MetLife UAE where he was in charge of the Broker distribution channel. In 2011, Adeeb joined Zurich International Life leading their expansion into KSA, Oman and Qatar.
Lockton also confirmed that Arafat Khatib will continue in his role as General Manager for Lockton Insurance Brokers UAE.
Tony Saada, Regional CEO - Lockton MENA said: “Our industry is transforming faster than at any time in recent history and with Faris at the helm of Lockton Insurance Brokers, he will drive even greater collaboration that benefits our clients and accelerates growth opportunities across all lines of business in the UAE.
We are excited to welcome Fadi Ashkar and Adeeb Al Naser who will work closely with Faris and Arafat to further enhance Lockton’s offering in the UAE.”
Ata Khatib, Chairman - Lockton MENA commented: “I join everyone in congratulating Faris on his new appointment. He has an outstanding team in place that he will build on to keep delivering leading edge products and services to our clients. I would also like to welcome Fadi and Adeeb to the team. I am confident that with their leadership skills and market knowledge we will continue to grow all our insurance offerings across the region and provide unparalleled service to our clients.”
Lockton is a global professional services firm with 7,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world’s largest privately held, independent insurance broker by helping clients achieve their business objectives.
© Press Release 2020