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Qatar General Insurance and Reinsurance Co. Q.P.S.C. announces its Board of Directors’ decision and Qatar Central Bank’s approval, to appoint Mr. Hassan Ahmed Hassan Al-EFrangi in the position of Group Chief Executive Officer for Qatar General Insurance and Reinsurance Group

13 March 2019

 

“Qatar General Insurance and Reinsurance Co. Q.P.S.C. announces its Board of Directors’ decision and Qatar Central Bank’s approval, to appoint Mr. Hassan Ahmed Hassan Al-EFrangi in the position of Group Chief Executive Officer for Qatar General Insurance and Reinsurance Group.  Mr. Hassan Al-Efrangi is one of the Qatari youth cadres, who is well recognized for his competency, professionalism and distinction.

Such appointment follows Mr. Ghazi Abu Nahl’s resignation from this position after a long journey and a remarkable track record filled with achievements and successes for more than Forty years of ongoing givings under significant challenges.”

Hassan Al-Efrangi holds a university degree in financial management. With more than 20 years of experience in the financial sector, Mr. Al-Efrangi has significant business management capabilities and has extensive leadership experience, performance improvement and growth. He has worked in Al Ahli Bank, where he has been in various positions including Credit and Branch Management, Risk Management (Retail Sector), Head of Branch Network and Head of the Retail Sector, then Deputy Chief Executive Officer.

Mr. Hassan Al-Efrangi thanked the Board of Directors – chairman and members – for their trust, which will be reflected into practice through the development and implementation of the strategic vision of the company in line with the challenges of the local market, and improve the performance and maximize the potential of the company in the long term. Mr. Al-Efrangi expressed his delight for joining such a high esteemed group celebrating its fourth decade this year, with a prominent business reputation as one of the largest insurance companies in Qatar.

Mr. Al-Afranji wished his predecessor, Mr. Ghazi Abu-Nahl, success in his future projects, noting his great achievements over decades.

The group consists of three major companies: Qatar General Insurance & Reinsurance Company, General Takaful Company and Qatar General Holding Company. The Group is regulated by Qatar Central Bank (QCB), Qatar Financial Markets Authority (QFMA)

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