Chubb today announced the promotion of Ihab ElAwady, currently General Manager, Egypt, to the role of Managing Director of its non-life insurance operations in the country.
In his new role Ihab will be responsible for the leadership and management of Chubb’s Egypt business. He will continue to be based in Cairo, reporting to Ghassan Wazen Vice Chairman, Egypt and Head of North & Sub Saharan Africa for Chubb. Ihab’s appointment has been approved by the local regulator and is effective immediately.
Ihab has over ten years’ experience in the insurance industry. He joined ACE in 2005 as Finance Manager for Egypt and was appointed Deputy General Manager and Financial Controller for Egypt on 2011. In 2012 he was appointed to his current role as General Manager for Egypt. Before joining the company he worked in the automotive industry with one of the biggest German motor manufacturers, Duetz.
Ghassan Wazen Vice Chairman, Egypt and Head of North & Sub Saharan Africa for Chubb, said:
“I’m delighted with Ihab’s well-deserved promotion as Managing Director for Egypt. His wealth of experience will be crucial in providing the leadership we need for our Egypt business, which continues to be an important growth market for Chubb.“