Solidarity General Takaful names new GM
Manama, March 11, 2012
Bahrain-based Solidarity General Takaful (SGT), a subsidiary of top Takaful company Solidarity Group Holding, has appointed Youssef Al Kareh as its new general manager.
Al Kareh was formerly acting general manager at SGT, and has been with Solidarity Group since his appointment as head of Risk Management at the beginning of 2009.
“Youssef is no stranger to Solidarity and has held several senior posts within the group,” said Solidarity Group chief executive and SGT’s vice chairman Ashraf Bseisu.
“His appointment, at the helm of Solidarity General, is a reflection of the Board’s confidence in his abilities to guide our flagship company in the current challenging market environment.”
“The vision of the Board of Directors is to see Solidarity General become the leading Sharia’ compliant insurance company in Bahrain. On behalf of the Board of Directors, I wish Youssef continued success in his latest assignment,” he added.
“I am privileged to have been selected to lead the Company as we push ahead with the implementation of our strategic plans in Bahrain,” said Al Kareh. “I am confident that, under the Board’s directives and with the support of the management team, we will be able to translate our Corporate Vision into a tangible reality.”
Prior to joining Solidarity, he was a director of Investment Structuring at an Islamic investment firm in Bahrain.
Al Kareh holds an MSc in Financial Engineering from the ICMA Centre at the University of Reading.
He is a Fellow of the Chartered Insurance Institute in London (FCII) and a Chartered Insurance Practitioner, a Member of the Securities & Investment Institute (MSI) and an Associate Member of the Association of Corporate Treasurers (AMCT). – TradeArabia News Service