MANAMA: Bahrain-based Trust International Insurance and Reinsurance Company (Trust Re) has announced the appointment of Yassir Albaharna as its new managing director and group chief executive.

Mr Albaharna has more than 34 years of in-depth experience in the reinsurance industry. He was previously chief executive of one of the premier reinsurance organisations in the Arab world and served as vice-chairman of Trust Re since 2019.

Commenting on the appointment, Trust Re chairman Bakary Kamara said: “We are delighted to welcome Yassir to a new executive role within our board. We have full confidence in his ability to lead the execution of the company’s strategic objectives.”

Mr Albaharna said: “It gives me great pleasure to join Trust Re which I have known for many years. I look forward to working with the whole team as well as our valued clients, business partners, local regulator and shareholders to re-shape a better future for the company.”

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