The UAE Shariah-compliant Takaful options service provider Islamic Arab Insurer (Salama) has actually employed Walter Jopp as president, following approval of the Reserve bank of the UAE.
Having actually invested over 25 years in the insurance coverage market throughout international markets, Jopp brings a wealth of experience to the function. He formerly worked as president of Middle East at Zurich International Life.
Jopp will work carefully with Salama’s board and the rest of the executive group to guide the business’s development aspirations and strategies to take advantage of its position as the “market leader” in the Takaful sector.
In addition to Salama’s UAE company, Jopp will likewise be accountable for its worldwide subsidiaries, M&A method and growth strategies.
‘ Tactically well-positioned’
Saeed Mubarak Alhajeri, chairman of Salama, stated: “We are thrilled to invite Walter Jopp to Salama. Walter has a strong performance history in the insurance coverage market in the Middle East and brings tested competence in market advancement and circulation.
” In addition, his strengths in method and management will enhance our dedication to accomplishing substantial company development and offering extraordinary service to our clients as a relied on Sharia’ h certified Takaful options service provider, while continuing to promote UAE National skill and establish Emirati management in the insurance coverage market, which is likewise among the primary jobs of the brand-new president.”
Jopp included: “I am honoured to sign up with SALAMA and am positive about leading the UAE’s most significant Takaful service provider as it gets ready for its next stage of development and growth. There are significant chances for Shariah-compliant insurance coverage options (Takaful) in the area and I am encouraged that Salama is tactically well-positioned with its cumulative competence to make the most of this appealing environment.”
Salama uses a variety of insurance coverage services consisting of health and life policies.