Board and Management

Member of the Board of Directors of Walaa Cooperative Insurance Company and Chairman of the Board of Directors - Essam Kabbani Group of Companies and Associates

Academic Qualification: Business Administration Courses - University of Aberdeen, United States of America

Experience: Chairman of the Board - Essam Khairi Qabbani Group of Companies & Associates  2015 – present

Member of the Board of Directors of Walaa Cooperative Insurance Company, and member of the Board of Directors of the Executive Committee of Bank Albilad and Chairman of the Board of Directors and Chairman of the Executive Committee of Saudi Cement Company and a member of the Board of Directors Academic Qualification: bachelor of science – Finance 1994 King Fahad university of petroleum and Minerals

Experience: chief Executive Officer at Al Rajhi Trading Company 1994-2005

Board Member – Chemical Development Co.

Board Member – Kalam Telecom B.S.C

Board Member – Heating & Air Conditioning Enterprises Co.

Board Member – Saudi Chainlink Fence  Manufacturing Co. Ltd.

Academic Qualification: MBA - University of Houston, Houston, USA.

Experience:  Assistant Treasurer and Credit Analyst at Houston National Bank (USA) from 1985 to 1987

Board Member of Walaa Cooperative Insurance Company and Board Member of Advanced Petrochemical Company

Academic Qualification: Bachelor of Economy King Saud University 1982  

Experience: Partner & Chairman of the board of Al Dawaa Medical Services Co

Co – founder and Head of Finance & Accounting Department – Ajda Food Commercial Company Consultant/ Statistics, Economics, and Econometrics Researcher – Ministry of Economy and Planning (Previously)

Academic Qualification : Master of Science in Applied Mathematics (Mathematical Statistics & Probability Track) from DePaul University, Illinois, Chicago, USA

Experience :  Project Manager / Econometrics Research – Economic Modeling Unit at Ministry of Economy and Planning  October 2015 to Present

Board Member – International General Insurance Co. Ltd.

Chairman and General Director- international General Insurance Co. Ltd., Jordan

Academic Qualification : Bachelor of Economics, American University, Cairo, 1967

Experience :  Executive Vice President of the Board of Directors of the International Company for General Insurance 2001 – present

Managing Director and CEO – Saudi Arabian Amiantit Co.

Board Member – Chemical Development Co.

Board Member – Takween Advanced industries

Academic Qualification  : PHD In Accounting from Case Western Reserve university Ohio 1998

Experience : Member of the Board of Directors and CEO of Zajoul Group .

Chairman – Alahsa Development Co.

Academic Qualification: Bachelor of science , Petroleum engineering King Fahad University of petroleum & Minerals   

Experience : VP upstream At Dynamic Energy 2012 - present

CEO

A Chartered Accountant with +30 years of professional experience in lead-managerial roles in the region, and has been with Walaa since 2007. Prior to assuming this role, Mr. Varughese handled the role of CFO of the Company for 5-years

COO

Having a 27 years of experience, with an in depth knowledge of the Saudi insurance market.

Chairman of the Insurance Committee in the Eastern region Chamber of Commerce.

Masters in Management from Sydney University, ACII and ARM, Wasif brings 21 years of experience working in core insurance function, joined Walaa in November 2008.  Prior to assuming role of Chief Underwriting Officer, Wasif was working as Engineering and Causality Underwriter in Walaa.

The core operations of Walaa are grouped within the technical area comprising of underwriting and reinsurance function