Jad Kanbar has been appointed regional CEO as Chedid expands its footprint and specialty lines portfolio
Chedid Insurance Brokers Network has appointed Jad Kanbar as regional CEO amid a period of strategic expansion for the brokerage group.
The network, part of Chedid Capital Group, said the appointment comes as it expands its global footprint and specialty lines portfolio.
Chedid Insurance Brokers Network is present in Saudi Arabia, the United Arab Emirates, Qatar, Egypt, Mauritius, Cyprus, Greece and Lebanon.
Kanbar has more than 20 years’ experience in the reinsurance and insurance industry, with a focus on business development, operational leadership and market expansion across the Middle East and Africa.
He was most recently executive director at Chedid Insurance Brokers Network and advisor to the board at Chedid Insurance Brokers Saudi Arabia.
Farid Chedid, chairman and group CEO of Chedid Capital Group, said: “Across our group, we strongly believe in empowering leadership from within our ranks.
“Jad has been part of the Chedid Insurance Brokers Network since its early days.
“He has consistently shown the strategic foresight, discipline, and partnership-building capabilities required to operate and grow in our regional markets.
“We are confident in the impact his leadership will have on the Network’s next chapter.”
Chedid Insurance Brokers Network’s operations span eight subsidiaries, with more than 75 partners and over 350 employees.
The network recently launched ult., its specialised insurance division for wealth and high-value asset protection.
Kanbar said: “Having grown alongside Chedid Capital Group for many years, stepping into this role carries both meaning and responsibility.
“Chedid Insurance Brokers Network has built its reputation on partnership, expertise, integrity, and agility.
“I look forward to building on that momentum with our teams across the region.”
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