6 June 2017Insurance

Trust Re appoints two non-executive directors to board

Bahrein-based re/insurer Trust Re has appointed Fetooh Al Zayani and Kai-Uwe Schanz as independent non-executive directors for a three-year term.

Al Zayani has previously served in leading roles at regulatory and development authorities in the Gulf Cooperation Council region such as the Dubai International Financial Centre and Qatar Financial Centre Authorities where she was one of the founding team members; and was instrumental in developing the vision and strategy for the insurance and reinsurance sector.

Schanz is the chairman and founding partner of Zurich-based Dr. Schanz, Alms & Company AG, advising financial services organisations around the globe. His experience in global reinsurance include senior management roles at Swiss Re and Converium in Zurich and Hong Kong such as chief economist (Asia-Pacific) and chief communication and corporate development officer.

Kamel Abunahl, chairman of the board of directors, said: "We are proud to welcome both Fetooh Al Zayani and Dr. Kai-Uwe Schanz to our Board of Directors, both of whom are professionals of excellent repute within our industry.

"Trust Re is fully committed to corporate governance, in line with best international practices, and the two recent appointments are testament to this."

Today’s stories

VAT introduction could cause cash-flow issues for Gulf insurers

Hudson Structured and MultiStrat complete workers’ comp deal

Former KPMG ILS director Carne joins HSCM Bermuda

Validus subsidiary AlphaCat appoints portfolio manager

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
3 April 2017   Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income.
Insurance
26 June 2017   Bahrein-based re/insurer Trust Re has appointed Kevin Quek as general manager for its Labuan, Malaysia licensed branch office.