Mr. Kubursi will be responsible for managing the businesses in Egypt, UAE and expanding across the MENA region
ACE Life has appointed Abdallah Kubursi as managing director for its Middle East & North Africa (MENA) business. Mr. Kubursi will be responsible for managing ACE Life’s existing businesses in Egypt and the UAE and expanding its business across the MENA region.
David Wolf, president of ACE Life, said: “The MENA region is strategically important for the future growth of ACE Life. We plan to expand ACE Life’s footprint beyond our existing businesses in Egypt and the UAE, subject to regulatory approvals.”
“To meet our customer needs, we offer a broad and expanding range of life insurance products, including individual protection, savings and unit linked products, as well as group life and medical insurance. We serve our customers through multiple distribution channels, including agency, brokers and banks. Mr. Kubursi’s appointment and experience will further strengthen our position to serve the Middle East and North Africa market and take full advantage of its growth opportunities,” he added.