The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) has appointed Tariq bin Abdullah Al-Naeem as an acting chief executive officer (CEO) for six months, as of Nov. 4, 2018.
Earlier this month, MedGulf's board of directors named Al-Naeem as an acting CEO, and the insurer received the Saudi Arabian Monetary Authority's (SAMA) approval of the board's recommendation on Oct. 18, MedGulf said in a bourse filing.
Al-Naeem is currently a board member at MedGulf, and had worked as a deputy minister for internal trade at the Ministry Of Commerce and Investment and Director of Asset Services Division at the Saudi Stock Exchange (Tadawul).
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