Bahrain-based Axa Gulf, recently acquired by GIG (Gulf Insurance Group), has formed a new board of directors, bringing together a diverse range of skills and expertise along with a wealth of experience in the insurance profession.

The new board, approved by the Central Bank of Bahrain, is led by Jamal Al Hazeem as Chairman, Khalid Saud Al Hassan as Vice Chairman and Paul Adamson, Bijan Khosrowshahi, Jean Cloutier, Farid Saber, and Osama Kishk, as members of the Board of Directors.

Commenting on his appointment, Axa Gulf Chairman, Jamal Al Hazeem, said: “Axa Gulf has enjoyed a presence in the region for more than 70 years. I look forward to building on these solid foundations and establishing Axa Gulf as Mena’s largest and most successful insurer.”

“The prospect of collaborating with a new board of directors to help create the next chapter in the Axa Gulf story excites me, and their experience, insight and knowledge will be invaluable in ensuring we achieve our strategic goals.”

Axa Gulf Vice-Chairman, Khaled Saoud Al Hasan, said: “The new board is expected to usher in a new future for the company and play a pivotal role in helping shape the strategy and direction of the insurer following its acquisition by GIG in September. The Gulf Insurance Group will support Axa Gulf’s operations in all the markets of its presence in order to achieve the best services for customers and partners.”

Paul Adamson, CEO of Axa Gulf and one of the new board members, said: “Axa Gulf serves the needs of over 1 million customers across UAE, Oman, Bahrain and Qatar, offering a wide range of insurance products and services for corporates, SME and individual customers.

“With the GIG acquisition behind us, we are working hard to improve our products and services, enhance our digital capabilities, and expand our support for the local businesses and communities we serve under the strategic direction of the new board of directors." – TradeArabia News Service