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Islamic Arabian Insurance Company (Salama), a provider of Shariah-compliant UAE takaful solutions, has hired Walter Jopp as Chief Executive Officer following approval from the UAE Central Bank.
Jopp brings a wealth of experience to this role having worked in the insurance industry in global markets for over 25 years. Previously, he was CEO of Zurich International Life Middle East.
Jopp will work closely with Salama’s Board of Directors and the rest of the executive team to steer the company towards its growth objectives and plans to leverage its ‘market leader’ status in takaful.
In addition to Salama’s UAE operations, Jopp will be responsible for its international subsidiaries, M&A strategy and expansion plans.
“Strategically well positioned”
Saeed Mubarak Alhajeri, Chairman of Salama, said: “We are delighted to welcome Walter Jopp to Salama. Walter has a strong track record in the Middle East insurance market and proven expertise in market development and distribution.
“Furthermore, his strengths in strategy and leadership will strengthen our commitment as a trusted Shariah-compliant takaful solutions provider, achieving significant business growth and delivering exceptional service to our clients, while continuing to It is also one of the main tasks of the new chief executive to cultivate national talents in the UAE and develop the UAE in the insurance industry.”
Jopp added: “I am honored to join SALAMA and am optimistic about leading the UAE’s largest takaful provider as it prepares for the next phase of growth and expansion. Shariah compliant insurance solutions (Shariah) in the region insurance) and I believe Salama, with its collective expertise, is strategically positioned to capitalize on this promising environment.”
Salama offers a range of insurance services, including health and life insurance.
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