Management Team

Ashraf Bseisu - Group Chief Executive

• Date of joining - 14th August 2006
• Bahraini National
• Masters’ in Business Management and Information System from the “London School of Economics”, United Kingdom and Bachelor’s degree from “Southern Methodist University” in the United States of America. An Associate member of the Chartered Insurance Institute of the UK and also an Associate member of the American Institute of Management Accountants.
• 28 years of experience in the Insurance and Financial services.

Key Functions & Assignments held:

• Chairman of Solidarity Takaful S.A, Luxembourg
• Chairman of Solid Ventures W.L.L., Bahrain
• Chairman of the Board and Executive Committee and Member of Nomination &
Remuneration Committee of First Insurance Company Plc., Jordan
• Chairman of Al Moazarah Investment Company, Jordan
• Chairman of Al Somood Investment Company, Jordan
• Vice-Chairman of Solidarity Bahrain B.S.C and Chairman of the Executive Committee and member of the Nomination & Remuneration Committee
• Vice Chairman of the Board, and Chairman of the Executive Committee of Solidarity Saudi Takaful Company, KSA
• Board Member and member of the executive committee of the Bank of Bahrain and Kuwait BBK
• Formerly, Chairman of the Arab War Risk Insurance Syndicate (AWRIS)
• Formerly, Chairman of the Bahrain Insurance Association (BIA)
• Formerly, President of the General Arab Insurance Federation (GAIF)

Venkatesan Muniswamy – Group Chief Operating Officer, Solidarity Group Holding

• Date of joining - 4th January 2004
• Indian National
• Bachelors’ degree in Commerce from University of Madras, India, Fellow member of the Institute of Chartered Accountants of India and an Associate member of the Insurance Institute of India.
• 32 years of experience in Insurance Industry covering Finance, Accounting, Investments, Internal Audit, Reinsurance, Compliance and Risk Management.

Key Positions & Directorships held:

• Vice-Chairman of Solid Ventures W.L.L., Bahrain
• Board Member and member of the executive committee of Solidarity Bahrain B.S.C
• Board Member & Member of the Audit Committee of First Insurance Company Plc., Jordan
• Board Member of Al Somood Investment Company, Jordan
• Board Member of Al Moazarah Investment Company, Jordan
• Board Member of Mulkiyat Investment Company, Jordan
• Board Member of Solidarity Takafol SA, Luxembourg
• Formerly, Finance Manager at Al Ahlia Insurance Company, Bahrain
• Formerly, Administrative Officer at United India Insurance Co Ltd., Chennai

Jawad Mohammed – Chief Executive Officer, Solidarity Bahrain B.S.C.

• Date of joining - 7th December 2003
• Bahraini National
• Bachelor’s degree and Masters’ degree in Computer Science from the University of Sunderland, An Associate member of Chartered Insurance Institute of UK, London, Gulf Executive Development Program at Darden School of Business, University of Virginia, USA
• 22 years of experience in the Insurance sector and Business Management.

Key Functions & Assignments held:

• Board Member of First Insurance Company, Chairman of Risk Committee and Member of its Audit Committee
• Board Member of Solidarity Saudi Takaful Company, Chairman of Risk Committee and Member of its Nomination & Remuneration Committee
• Board Member of Al Somood Investment Company, Jordan
• Board Member of Al Moazarah Investment Company, Jordan
• Formerly, Manager-Information systems at Bahrain National Insurance, Bahrain

Alaa Abdel Jawad Chief Executive Officer, First Insurance Company Plc., Jordan

• Date of joining - 1st March 2018
• Jordanian National
• M.Sc. in International Finance and Investment from University of Derby, UK
• 15 years of experience in the Insurance industry.

Key Functions & Assignments held:

• His main responsibilities at First Insurance are to look after the overall management of the company including Business Development, technical and administrative functions
• Formerly General Manager at Medgulf, Jordan
• Formerly Board Member in Jordan Insurance Federation
Bader Khalid Al Anzi Chief Executive Officer, Solidarity Saudi Takaful Company, KSA

• Date of joining – 10 September 2016
• Saudi National
• M.Sc. in Accounting from Oklahoma City University, USA
• More than 16 years of experience in the Insurance, Banking and Telecom industry.

Key Functions & Assignments held:

• His main responsibilities are to look after the overall management of the company including Business Development, technical and administrative functions
• Formerly Manager at Tawuniya Insurance Company, Riyadh, KSA
• Formerly Financial Controller, Saudi Telecom Company, Riyadh, KSA

Abhijit Singh – Assistant General Manager of Investments & Special Projects, Solidarity Group Holding

• Date of joining - 20th June 2010
• Indian National
• Masters’ in Business Administration from the Indian School of Business and a qualified Chartered Alternative Investment Analyst
• 13 years of experience in investments and asset management with particular emphasis on asset allocation and portfolio management

Key Functions & Assignments held:

• Board Member and member of the Executive committee in Solidarity Bahrain B.S.C
• Board Member of Solid Ventures W.L.L, Bahrain
• Board Member of Solidarity Takafol SA, Luxembourg
• Board Member of Al Somood Investment Company, Jordan
• Board Member of Al Moazarah Investment Company, Jordan
• Responsible for managing, group and subsidiarity level asset allocation, financial risk and investment income bottom-line in the context of both proprietary capital and takaful portfolios
• Actively involved in special projects on group inorganic expansion via acquisition and merger within the Takaful industry