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Wednesday, April 24, 2024

Adnic appoints Charalampos Mylonas as CEO


Abu Dhabi National Insurance Company (Adnic), one of the leading regional corporate and personal multi-line insurance providers, has appointed Charalampos Mylonas as its Chief Executive Officer (CEO).

Mylonas will succeed Ahmad Idris, who resigned on February 28.

Mylonas joined Adnic in 2020 and currently assumes the role of Deputy CEO; he will assume the new role of Chief Executive Officer on March 1, 2023. Over the past 25 years, Mylonas has held various leadership roles with leading insurance companies in the United Arab Emirates and abroad and has extensive experience in underwriting, risk management and actuarial services, as he has served in AXA, AIG, Sukoon ( Oman Insurance Company) and Fidelity United Insurance Company in various leadership positions.

Sheikh Mohamed bin Saif Al Nahyan, Chairman of the Board, said: “Abu Dhabi National Insurance Company has been able to strengthen its position as one of the pioneers in the insurance market and continue its excellent business strategy, which lays a strong foundation for continued sustainable growth. growth and lay the groundwork for strong shareholder returns.”

He added: “We are delighted to appoint Mr. Charalampos Mylonas as the company’s new Chief Executive Officer and we wish him success in his new role as he continues our journey and achieves our strategic goals. We would like to thank Mr. Ahmad Idris in Abu Dhabi National Insurance Corporation for his efforts during his tenure and we wish him every success.”

Mylonas has a Masters in Actuarial Science and he is a CERA 2019 holder of the Chartered Institute of Corporate Risk Actuaries (UK). – trade arab news agency


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