Yassir Albaharna Elected Chairman of the Syndicate Technical Board
July 11, 2011
The Technical Board held its 28th meeting in Beirut, Lebanon on Monday July 11, 2011 in preparation for the 13th General Assembly meeting which will be held during FAIR 22ndConference in Cairo – Egypt, on Tuesday October 4, 2011
In view of the recent resignation of the Syndicate Chairman Anuar Mohamed Hassan following his resignation from Malaysian Re, the Managers representative and Syndicate Director Nabil Hajjar temporarily chaired the meeting and announced that Mr. Hassan who served as Chairman since the establishment of the Syndicate; was replaced by Datuk Ramlan Abdul Rashid to be Malaysian Re representative on the Technical Board for the remaining period of Mr. Hassan.
Mr. Hajjar further announced that Misr Insurance Company’s representative: Nariman Khairat was replaced by Mohamed Ismail Khalifa and welcomed to the Board FAIR new Secretary General: Hammam Bader as Ex-Officio replacing Ezzat Abdel Bary who retired from his position on 31/12/2010
The temporary Chairman then requested that the Agenda of the meeting is amended to include “Election of the Technical Board Chairman” as a first item.
The Board adopted the amended Agenda and proceeded with the first item to unanimously elect Yassir Albaharna as the new Chairman of the Syndicate.
Mr. Albahrna who is the Chief Executive Officer of Arab Insurance Group (ARIG) in Bahrain holds an MBA (High Honours) & M.Eng. (Manufacturing), Boston University, Boston; B. Eng. (Mechanical), McGill University, Montreal; Fellow & Chartered Insurer, Chartered Insurance Institute, London.
The temporary Chairman then yielded his position to the elected Chairman who thanked the Technical Board for their confidence, and proceeded with the Agenda of the meeting which amongst many items, included the approval of the audited 2010 Financial Statements draft for presentation to the General Assembly.
After due deliberation of the remaining Agenda items the Technical Board made the appropriate decisions and the meeting was concluded.