Adnic appoints new chief distribution officer
Manama, July 23, 2014
Abu Dhabi National Insurance Company (Adnic), one of the region’s leading providers of insurance solutions for individuals and corporates, has appointed Michael Mansour as its chief distribution officer.
In this role, Mansour will be responsible for overseeing the company’s distribution strategy, including establishing new preferred partnerships and cultivating existing partners related to the broker community, banking institutions and direct customers, said a statement.
Mansour will work closely with the CEO and executive leadership team on delivering Adnics’s perpetual excellence plan of profitable growth and regional expansion.
“Adnic has ambitious growth plans in place for continued success which include profitable regional expansion and organic growth by expanding our distribution channel partnerships. Michael’s wealth of experience, attained through his association with reputable regional and international insurance companies, will help Adnic succeed with our local and regional distribution expansion strategy,” said Walid Sidani, chief executive officer.
Mansour joins Adnic from Zurich Insurance Middle East, where in the role of regional distribution executive he was responsible for the company’s agency distribution channel and broker management. With over 20 years of regional experience, Mansour was a key member of the acquisition integration and transformation team that acquired Lebanese Insurance Company, which later became Zurich Insurance Middle East. Mansour has also worked for Mashreq Bank where he was head of retail and distribution, establishing the bank’s Retail Islamic Banking Division, as well as Alico, where he was based in Jordan and Egypt.- Trade Arabia News Service