American International Group, Inc. (NYSE: AIG)
Europe, Middle East and Africa announced that Mohamed Ali Bouabane has been named Chief Executive Officer of AIG GCC and North Africa.
In his new role, Mr. Bouabane will manage AIG’s multiple country operations in the UAE, Egypt, Kuwait, Qatar, Lebanon, and Morocco overseeing end-to-end operations including sales activities, service and support.
Thomas Lillelund, Chief Executive Officer, Europe, Middle East and Africa (EMEA), said: “This appointment recognizes Ali’s expertise and commitment to our partners and clients. I am confident that Ali will demonstrate leadership and skilled execution in delivering on our strategic objectives across this important market for the AIG EMEA business.”
Mr. Bouabane said: “I am honored to be appointed to the CEO role of AIG GCC and North Africa and appreciate the confidence Thomas and the leadership team have placed in me. AIG has a long history in the region, we have a deep understanding of our markets and excellent relationships with our business partners. These two factors combined will ensure we continue to have focused strategies shaped on the needs of our geographies. I am particularly excited with our Reinsurance strategy out of the DIFC which will supplement our direct insurance operations across the region”.
Mr. Bouabane assumes his new role after serving as the Asia Pacific leader for Accident & Health, Travel and Service programs at AIG. Prior to that, he managed AIG operations across the Middle East, Africa, Central Asia, Eastern Europe and Asia Pacific, with core responsibilities for development and execution of digital strategies, accident & health underwriting, country distribution strategies, and managing large sales, distribution and underwriting teams. Mr. Bouabane joined AIG in 2007 from Blue Cross Blue Shield in Canada. He holds an Applied Physics Degree from the Andre-Laurendeau College in Montreal, Canada.