CHUBB Arabia Cooperative Insurance Co. Announces the end of the Acting Period of the CEO and the appointment of a new CEO
| Element List | Explanation |
|---|---|
| Introduction | Chubb Arabia announces the resolution of its Board of Directors for the end of the acting period of Mr. Abdulaziz Abdelkarim El Khereiji as the acting CEO of Chubb Arabia on 10/05/1446 AH corresponding to 04/03/2025 AD, he will continue to serve as an Executive Board Member.
In alignment with the company’s strategic vision, after receiving the Insurance Authority Non-objection the Board has appointed Mr. Kamran Mazhar as the new Chief Executive Officer of Chubb Arabia, with his official tenure commencing on 10/08/1446 AH corresponding to 04/06/2025 AD.
The Board of Directors extends its sincere gratitude to Mr. Abdulaziz El Khereiji for his dedication and leadership during his tenure as acting CEO, ensuring a smooth transition of responsibilities to the newly appointed CEO. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Mr. Abdulaziz Abdul Karim El Khereiji |
| Resignation Acceptance Date | 2025-04-03 Corresponding to 1446-10-05 |
| Resignation Effective Date | 2025-04-06 Corresponding to 1446-10-08 |
| Reasons for Resignation | End of the acting period |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Mr. Kamran Mazhar |
| Date of Board Resolution | 2025-04-03 Corresponding to 1446-10-05 |
| Date Work Commencement | 2025-04-06 Corresponding to 1446-10-08 |
| Brief Resume | Mr. Mazhar brings a wealth of experience in the insurance industry. he played a pivotal role in steering insurance organizations towards growth and success. With an Executive MBA from HEC Paris and a Bachelor’s degree in Economics from the University of Texas, Mr. Mazhar has spent over two decades leading prominent companies in the insurance sector, including his tenure as Chief Operating Officer and CEO at Chubb Arabia Cooperative Insurance Company. His leadership and strategic vision will be instrumental in Chubb Arabia’s continued development and in achieving its long-term business goals |
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