RIYADH: SABB Takaful has announced the appointment of Philip Head as the company’s new CEO. The appointment took effect recently. In his new role, Head will oversee all SABB Takaful operations throughout the Kingdom as well as driving the development of Takaful products across all businesses.
Yazid A. Al-Ohaly, chairman, SABB Takaful, said: “SABB Takaful is aiming for business expansion and development and Head’s appointment underlines our commitment to achieving this.”
Head said: “The Middle East is a fast-growing market with the take-up of insurance products across the region growing significantly. Takaful is at the forefront of this trend as more people turn for a Shariah-compliant solution to their insurance needs.”