Solidarity's CEO named as head of insurance companies committee

The Saudi General Committee for Insurance Companies has named Bader Al Anzi, the chief Executive officer (CEO) of Solidarity Saudi Takaful Co. as a head of the executive committee.

The committee also appointed Fawaz Abdul Rahman Al Hajji, CEO of Malath Cooperative Insurance Co., as Al Anzi's deputy, the committee said in a statement on Sunday.

The committee also elected the executive committee members for the new two-year term which will start mid-year.

The Saudi General Committee for Insurance Companies is working under the supervision of the Saudi Arabian Monetary Authority (SAMA) and is responsible for issuing directives for the insurance executive committee.