In his new role for ACE, he will be based in the United Arab Emirates and will report to Ian Watts, Chief Operating Officer for ACE Life. Mr. Kubursi joins ACE from AIG where he was Regional Vice President - Middle East, Mediterranean & South Asia Region and Global Head AIG Takaful Enaya.
"The Mena region is strategically important for the future growth of ACE Life," said David Wolf, President of ACE Life. We plan to expand ACE Life's footprint beyond our existing businesses in Egypt and the UAE, subject to regulatory approvals."
"To meet our customer needs, we offer a broad and expanding range of life insurance products, including individual protection, savings and unit linked products, as well as group life and medical insurance. We serve our customers through multiple distribution channels, including agency, brokers and banks. Budy's appointment and experience will further strengthen our position to serve the Middle East and North Africa market and take full advantage of its growth opportunities," he added.
Browse
related articles
ACE Life appoints Abdallah D. Kubursi as Managing Director of Mena businesses
- United Arab Emirates: Saturday, October 03 - 2009 at 15:56
- PRESS RELEASE
Related content
ACE Life today announced the appointment of Abdallah D. "Budy" Kubursi as Managing Director for its Middle East and North Africa (Mena) businesses, where he will be responsible for managing ACE Life's existing businesses in Egypt and the United Arab Emirates and expanding its business across the Mena region.
Article Options
Log in to request more information from ACE Group
Posted by Siba Sami AmmariSaturday, October 03 - 2009 at 15:56 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Notes and Media Contacts »
About ACE Group:
The ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: http://www.acelimited.com
Media contacts:
Katie Weeks
ACE Group
Tel: +44 (0)207 173 7585
News Room
ME Newswire
Business Central Towers - Office 1103
P.O. Box 502726, Dubai Media City
Dubai, United Arab Emirates
Hotline: +971 50 911 5 988
Tel: +971 4 433 1901
Fax: +971 4 427 8710
The ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: http://www.acelimited.com
Media contacts:
Katie Weeks
ACE Group
Tel: +44 (0)207 173 7585
News Room
ME Newswire
Business Central Towers - Office 1103
P.O. Box 502726, Dubai Media City
Dubai, United Arab Emirates
Hotline: +971 50 911 5 988
Tel: +971 4 433 1901
Fax: +971 4 427 8710
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
