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Insurer Solidarity Saudi Takaful names new chairman

Solidarity Saudi Takaful Co. named Abdul-Ella Ibrahim Al-Qasimi chairman of its board of directors.

Al-Qasimi replaces Khaled Yusuf Abdullah Janahi, who resigned, citing personal reasons, on June 19, 2017.

The insurer named Ashraf Adnan Bseiso to succeed Al-Qasimi as vice chairman of the board. Bseiso was also named chairman of the executive committee.

Meanwhile, Hassan Mohammed Hassan was named to the board and the investment committee of Solidarity Saudi Takaful, where he represents shareholder Solidarity Group Holding BSC (c).

The chairman and vice chairman appointments were approved by the Saudi Arabian Monetary Authority.