LONDON--(BUSINESS WIRE)--ACE Group today announced the appointment of Ghassan Wazen, currently Regional Business Development Manager for ACE in MENA, to the new role of Head of North Africa, as it continues to build its management capabilities within Eurasia and Africa, its newest geographical business region.
In his new role, Ghassan will oversee the performance, future development and strategy of ACE’s North Africa operations. Ihab ElAwady, Country President for Egypt and Kamal Kaabi, General Manager for Tunisia will now report to Ghassan.
Ghassan’s career in insurance spans 30 years. He joined ACE in France in 1986 where he held various positions within underwriting, claims and finance before being appointed Head of Accident & Health and Personal Lines for France in 2003. He moved to MENA in July 2007 as Country President for ACE in Egypt and Regional Manager for Accident and Health, MENA before taking up his current role as Business Development Manager, MENA in 2013. His appointment is effective immediately and he will report to Mojgan Khoshabi, Regional Managing Director for ACE in MENA.
Giles Ward, Regional President, Eurasia and Africa at ACE Group, said:
“Despite the current uncertainties in North Africa, we believe that the market offers considerable long-term opportunity for ACE. Ghassan's appointment reflects the valuable and growing role that he has performed over the last few years, providing guidance and support for both our Egyptian and Tunisian teams. I am confident that his management experience, strong market relationships and local knowledge will be of great value as we continue to develop our business in North Africa.”
ENDS
About ACE:
ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index.
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Contact:
ACE Group
Nicholas Mandalas
Regional Communications Manager, Europe, Eurasia & Africa
T: +44 20 7173 7793
E: nicholas.mandalas@acegroup.com