Islamic Arab Insurance Company (Salama), the UAE's largest Shari'ah-compliant Takaful solutions provider, has appointed a new Chairman and Vice Chairman to the Board of Directors, as well as a board of directors. 

 

The company’s Annual General Meeting (AGM) also marked the appointment of the first female board member on Salama’s board.

 

The board elected Saeed Mubarak Rashed Saeed Alhajeri as Chairman and Mohammed Ahmad Mohammed Bin Abdulaziz AlShehhi as Vice Chairman.

 

The new Board of Directors includes Saeed Mubarak Rashed Saeed Alhajeri, Mohammed Ahmad Mohammed Bin Abdulaziz AlShehhi, Fraih Saeed Helal Fraih Alqubaisi, Saeed Bin Mohammad Al Qassimi, Ahmad Mohammad al Sadah, Ajit Vijay Joshi and Maha Abdul Majeed Ismail Ali Al-Fahim. 

 

Female board member

The appointment of the first female board member at Salama is a significant milestone and reflects the UAE's efforts to promote gender diversity and empower women in leadership positions. 

 

With over 27 years of experience in international finance, Alhajeri is highly regarded and respected in the industry. Alhajeri's expertise extends to the Abu Dhabi and UAE government entities, where he also serves as a Board member. He holds a Bachelor of Business Administration from Lewis & Clark College in the US and is a Chartered Financial Analyst (CFA). 

 

In 2007, he was elected as one of the top 250 Young Global Leaders by the World Economic Forum for his notable contributions to the public and financial sectors in the UAE.

 

End of tenure

The AGM also marked the end of tenure of former Chairman Jassim Alseddiqi, as a board member, who decided not to reelect himself for the next term. 

 

“We remain committed to maintaining the highest levels of transparency, trust, and customer satisfaction, and we are grateful to Alseddiqi for his tireless efforts towards Salama's success. With our collective expertise and leadership, we are pleased to guide Salama's growth, and we will continue to provide exceptional Takaful insurance products to our customers while upholding the highest standards of governance,” said Alhajeri.-- TradeArabia News Service