Dubai-based United Fidelity Insurance Company has announced the appointment of Ahmed Nasef as the new Chief Executive Officer, effective July 4, 2024, following approval from the company's Board of Directors.

Ahmed's tenure began on June 1, 2024, with the Central Bank of the UAE’s approval confirmed on July 2, 2024. He brings over two decades of leadership experience in the industry, spanning multiple regions. Before this role, Ahmed served as the Group Chief Commercial Lines and Reinsurance Officer and Deputy CEO at Liva Group. He has also held positions such as CEO and Managing Director at AXA, and Technical Operational Manager at ACE Group.

Academically, Ahmed holds a Global MBA in Business from the University of Warwick and is an Associate of the Chartered Insurance Institute in the UK.

Welcoming Ahmed to the leadership team, Nawwaf Ghobash, Chairman of the Board, said, "After an extensive search, we are thrilled to have Ahmed Nasef lead United Fidelity Insurance Company into its next phase of profitability and growth. His leadership and experience will be invaluable as we continue to innovate and expand our offerings."

You may also like:

• KSA raises retirement age to 65 for new employees? Read here
• 15 C-suite leaders with highest salary packages
• MENA sees 861% jump in GenAI skills; 17% in cybersecurity skills
• 5 pillars of future-ready workplaces

Ahmed also commented, "I am honored and excited to join United Fidelity Insurance Company and work with such a talented team. Together, we will build on the strong foundation that has been established and take the company to new heights.”

On LinkedIn, Ahmed shared, “It's been over a month since I embarked on my exciting journey with United Fidelity Insurance Company, and time has truly flown by! I am thrilled to announce that I have officially assumed the role of CEO. I am immensely grateful to the board for their trust and confidence in granting me this incredible opportunity. I am dedicated to leading United Fidelity towards new heights of growth and innovation. With the support of our talented employees and esteemed partners, I look forward to building on our strong foundation and driving the company forward.”