Rao will manage all aspects of the business with the core objective of providing a comprehensive range of Takaful products primed to the highest levels of service and suitability for varying customers needs whilst generating satisfactory returns for shareholders, policyholders and employees.
Solidarity - Family Takaful provides Islamic Financial planning through a range of prudent Sharia'h compliant Family Takaful saving, investment and protection plans designed to meet the changing needs of individuals, Families and Businesses. Solidarity Family Takaful plans are designed to give the ultimate peace of mind by offering "Takaful Protection Benefits" that provides valuable financial protection against the consequences of life.
Rao has a Bachelor degree in Science from the University of Bangalore - India and he is an associate by examination from the Chartered Insurance Institute - UK. Before joining Solidarity, Mr. Gopi was the General Manager of Bahrain Kuwait Insurance. Moreover, he lectures at the Bahrain Institute of Banking and Finance.
Commenting on Gopi's appointment, Sameer Ebrahim AL Wazzan said: "With the expanding scope of this unique Islamic system of insurance and assurance, and Solidarity's global expansion strategy; Rao's in-depth professional experience - that exceeds 30 years in the insurance industry - will help in strengthening the Family Takaful Division that results in further market penetration and product development."
"With US$150 million in paid up capital, Solidarity will lead the way in providing competitive General and Family Takaful products in the Kingdom of Bahrain and the region. HR Calibers, like Gopi and his team, will significantly add on the division's current market positioning that will expand in market size and product offerings to meet clients' changing needs," added Al Wazzan.
Commenting on his appointment, Gopi Rao, Solidarity - Family Takaful General Manager said: "Solidarity is positioned a one of the leading providers of Takaful products across the globe. Solidarity's success in three years of operation, is represented in being honored 'Sheikh Mohamed Bin Rashid Al Maktoum Award in 2005' and elected 'the world's best Takaful provider in 2006', gives me the motive to join the team and share in building this giant provider of Islamic financial solutions across the globe. I look forward to the challenge of leading the Family Takaful division and applying my industry experience to move Solidarity forward among the competitive crowd."
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Solidarity's continuous development for further regional and international growth
- Bahrain: Tuesday, March 13 - 2007 at 11:48
- PRESS RELEASE
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Solidarity, one of largest Takaful Companies in the World, has appointed Gopi Rao as General Manager of the Family Takaful division that focuses on offering family related saving and investment plans with Takaful protection benefits ideally suited for retirement, children's education and wealth accumulation.
Gopi Rao.
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Posted by Janeta Novakovic, Assistant News EditorTuesday, March 13 - 2007 at 11:48 UAE local time (GMT+4)
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This article was updated on Tue May 01 2007.
Notes and Media Contacts »
For more information, please contact:
Bassel Hanbali - Head of Corporate Communications & Marketing, Solidarity
Or
May Marzooq
Senior Marketing Communications Officer
Tel: +973 17 578777
Fax: +973 17 578787
About Solidarity
Established as one of the leading companies in the Arab world with US$ 150 million in paid up capital, Solidarity is one of the largest Takaful Company in the world. Solidarity has announced a capital injection to its paid up capital (US$100 million) of US$175 million increase and to its authorized capital (US$ 300 million) of US$200 million. The capital increase was approved at the company's Annual General Meeting held in the Kingdom of Bahrain.
Solidarity is a company incorporated under the laws and regulations of the Kingdom Bahrain. Our main purpose is to focus on providing Takaful products that comply with Islamic Sharia'h across the GCC and selected Middle Eastern, Asian, and European countries.
Solidarity has been set up in direct response to the growing demand for Family and General Takaful products across the region. Realizing the scope of this unique and ever-expanding Islamic system of insurance and assurance, Solidarity is poised to lead the way in providing a diverse range of prudent saving and investment opportunities with Takaful Protection Benefits - designed to give the ultimate peace of mind - ideally suited for retirement, wealth accumulation, education, and other family and individual plans. Along with the family related plans, Solidarity provides the utmost safety and protection against the widest possible risks through a range of General Takaful products like: Motor, Home, Marine, and health.
Bassel Hanbali - Head of Corporate Communications & Marketing, Solidarity
Or
May Marzooq
Senior Marketing Communications Officer
Tel: +973 17 578777
Fax: +973 17 578787
About Solidarity
Established as one of the leading companies in the Arab world with US$ 150 million in paid up capital, Solidarity is one of the largest Takaful Company in the world. Solidarity has announced a capital injection to its paid up capital (US$100 million) of US$175 million increase and to its authorized capital (US$ 300 million) of US$200 million. The capital increase was approved at the company's Annual General Meeting held in the Kingdom of Bahrain.
Solidarity is a company incorporated under the laws and regulations of the Kingdom Bahrain. Our main purpose is to focus on providing Takaful products that comply with Islamic Sharia'h across the GCC and selected Middle Eastern, Asian, and European countries.
Solidarity has been set up in direct response to the growing demand for Family and General Takaful products across the region. Realizing the scope of this unique and ever-expanding Islamic system of insurance and assurance, Solidarity is poised to lead the way in providing a diverse range of prudent saving and investment opportunities with Takaful Protection Benefits - designed to give the ultimate peace of mind - ideally suited for retirement, wealth accumulation, education, and other family and individual plans. Along with the family related plans, Solidarity provides the utmost safety and protection against the widest possible risks through a range of General Takaful products like: Motor, Home, Marine, and health.
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