Al Buhaira National Insurance names Ahmed Khalifa chief executive after UAE central bank non-objection

Al Buhaira National Insurance Company (ABNIC) has a chief executive in waiting. Ahmed Khalifa was appointed once the Central Bank of the UAE had issued its non-objection, according to a company disclosure to the Abu Dhabi exchange that Middle East Insurance Review reported on 13 October. Khalifa “has not yet commenced his duties”, and ABNIC says it will announce the date on which he starts.

He moves from Contact Financial, where he ran the insurance cluster that groups Sarwa Insurance, Sarwa Life and the broker Contact Insurance Brokerage.

Khalifa has worked in insurance for more than 30 years in the UAE, Saudi Arabia, Egypt and other markets in the region. His career includes a regional head of reinsurance role and senior posts at Orient Insurance, Allianz and Marsh.