Lockton appoints regional retail CEO for MENA region

Broker Lockton has appointed Alan Corney as regional retail chief executive officer for the Middle East and North Africa (MENA) region.

Corney will be responsible for developing Lockton's expanding retail business in the MENA region.

He joins the firm from Mubadala, an investment and development company supporting the growth of the UAE economy, where he served as senior vice president and head of group insurance.

Wael Khatib, senior partner and chairman, Lockton (MENA), said: “We have made terrific progress against the priorities we laid out when we set up our operation in the Dubai International Financial Centre (DIFC) in 2009. In the coming 12 months, we are planning further expansion in countries across the MENA region.

“To support this rapid growth, we need to have the right organisational structure and leaders who possess a broad understanding of the region and the clients that we serve. Alan brings with him substantial experience in the regional and international markets, and I look forward to working with him to build on the strong foundations for growth established by the current team."

Corney added: "Lockton has enjoyed tremendous growth and development in a relatively short time within the UAE and broader MENA region.

“This achievement can be attributed in no small part to their keen focus on clients' needs and their ability to proactively develop responsive solutions. I am extremely excited to be joining Lockton and to have the opportunity to contribute to the continued success and evolution of the business within the region.”