Riyadh – Mubasher: Liva Insurance Company KSA has appointed Mohamed Mahmood Al Tooblani as the company’s new CEO, according to a bourse disclosure.

The board of directors issued a resolution by circulation on 7 May 2026 to appoint Al tooblani in the top executive post.

Meanwhile, the appointment was finalized after the company received a formal non-objection letter from the Insurance Authority on 24 May 2026, which is the same date the appointment became effective.

The new CEO is a familiar figure within the leadership hierarchy of Liva Insurance KSA, having served as the company’s Acting CEO since March 2025.

His permanent elevation to the CEO role follows a successful tenure in the interim position and a broader history of financial leadership within the firm, as he originally joined the executive team as Chief Financial Officer in June 2023.

Al tooblani has a professional career spanning more than 18 years, bringing extensive expertise in both the insurance and reinsurance sectors to his new position. His background is characterized by a series of high-level executive roles across the Middle East and North Africa region.

Notably, he previously served as the Regional Chief Financial Officer for Chubb MENA as well as the Head of Financial Control at AIG Takaful in the Kingdom of Bahrain, alongside foundational experience in the field of professional auditing.

The new CEO holds a Bachelor’s degree in Accounting and Finance from Ahlia University in Bahrain.