Al Alamiya appoints Martin Rueegg as acting CEO

21/12/2022 Argaam
Logo ofAl Alamiya

Logo of Al Alamiya

Al Alamiya for Cooperative Insurance Co.’s board of directors appointed Martin Rueegg as acting CEO in addition to his current duties as a board member, effective from today, Dec. 21. 

 

The appointment is in accordance with SAMA’s no objection letter received on Dec. 20, 2022, the insurer said in a Tadawul statement.

 

Rueegg has over 27 years of experience, during which he held many leadership positions in the financial sector in several international insurance companies, in addition to being a board and committee member in several companies, the statement added.

 

In September, Al Alamiya’s board of directors accepted the resignation tendered by CEO Khalid Jaafar Allagany, effective from Nov. 11, according to data compiled by Argaam. 

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