Salama names Jopp as new CEO

Salama names Jopp as new CEO

Dubai – Mubasher: Islamic Arab Insurance Company (Salama) appointed Walter Jopp as its new CEO after obtaining the approval of the Central Bank of the UAE (CBUAE), according to a press release.

Jopp holds more than 25-year experience in the insurance industry across global markets, during which he assumed several roles in the UK, Asia, Latin America, and Scandinavia.

The new official previously served as the CEO of Zurich International Life in the Middle East. He also held board positions as Executive Director of Zurich International Life Ltd in the Isle of Man and Director of Zurich Workplace Solutions in the Dubai International Finance Centre (DIFC).

In his new role, Jopp will work closely with Salama’s board and the rest of the executive team to foster the company’s growth plans in order to leverage its position as the market leader in the Takaful sector.

Besides the UAE, he will also be responsible for Salama’s international subsidiaries as well as the mergers and acquisitions (M&A) strategy.

Saeed Mubarak Alhajeri, Chairman of Salama, commented: “Walter has a strong track record in the insurance market in the Middle East and brings proven expertise in market development and distribution.”

“In addition, his strengths in strategy and leadership will reinforce our