Friends Provident International (FPI) has announced that, as part of a reorganisation of its UAE business, Chris Divito, Managing Director Middle East and Africa, will be leaving the company with effect from 31 July 2019.

Adnan Lateef, currently Finance Business Partner for FPI’s Middle East and Africa operation, has been appointed interim General Manager, subject to regulatory approval, and will assume overall responsibility for the Middle East and Africa business following Divito’s departure.

Chris Divito said: “It has been an exciting and challenging two years and we have made great progress in improving the efficiency of the business. We have at times had to make some tough decisions and I am very proud of the way our people have stepped up. The results have been very impressive and FPI in Dubai is well placed for the next phase of development under new leadership.” 

Steve Weston, Interim CEO of FPI said: “I’d like to thank Chris for all his hard work and support for the FPI business over the last couple of years, and wish him every success for the future.  I am pleased that Adnan has agreed to take on the role of interim General Manager, and I look forward to working with him in his new capacity.

It is important to make clear that the changes we are making to the management of the UAE operation are not related to the sale of the FPI business to RL360.”

Adnan Lateef commented: “I am delighted to take on the role of General Manager, on an interim basis, for FPI’s Middle East and Africa operation.  Chris has put in place a very strong team. I am looking forward to building on his legacy, and to continuing to deliver a first class service to our business partners and customers in the region.”

-Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.