Qatar Re appoints new Gibraltar CEO following departure

Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has named Dimitris Papachristou as new CEO of its Gibraltar companies.

He replaces Mark Cockcroft, who is stepping down from the role and will be leaving the business.

Papachristou will oversee operations of the Gibraltar subsidiaries of Qatar Re - Zenith Insurance, Markerstudy Insurance Company, and St Julians Insurance Company. He will report to Michael van der Straaten, CEO at QIC Global.

Papachristou has over 24 years’ experience in the industry, joining from his most recent role as chief actuary (research) at the Prudential Regulation Authority for the Bank of England. Prior to that, he was an actuary at Aon, where he focused on reinsurance structuring and analysis.

van der Straaten said: “We are very pleased to have Dimitris join us as CEO of Qatar Re’s Gibraltar companies. He is a consummate professional and an industry leader with broad experience, a background in actuarial excellence and market-leading economic analysis. I look forward to working alongside him as we continue to move forward with the strategic vision for our Group and further strengthen our Gibraltarian operations.

“I would also like to thank Mark, who has been a valuable member of Qatar Re for many years and has had a pivotal role in aligning our Gibraltar companies to the wider group. We wish him every success in all his future endeavours.”