Board of Directors

Our Board of Directors determines the strategic goals of the company and oversees the proper implementation of all the necessary steps towards the achievement of those goals, while safeguarding the interests of all stakeholders.

The Board is responsible for the stewardship of the company on behalf of shareholders with the objective of creating long-term shareholder value, providing value for money to customers and value for distributors in a transparent and compliant fashion.

Ashraf Bseisu

Group Chief Executive, Solidarity Group Holding BSC (c)

Qualifications:
  • Master’s degree in business management and information system from the London School of Economics, United Kingdom and Bachelor’s degree from Southern Methodist University in the United States of America
  • An Associate Member of the Chartered Insurance Institute of the UK and an Associate Member of the American Institute of Management Accountants
  • Over 30 years of experience in the Insurance and Financial services
Key Functions & Assignments held:
  • Chairman of the Board and Executive Committee and Member of Nomination & Remuneration Committee of Solidarity First Insurance Company Plc., Jordan
  • Chairman of Solidarity Takaful SARL, Luxembourg
  • Chairman of Solid Ventures W.L.L., Bahrain
  • Chairman of Solid Capital W.L.L, Bahrain
  • Chairman of the Arab War Risk Insurance Syndicate (AWRIS)
  • Board Member and Member of the Executive Committee and Member of the Nomination & Corporate Governance Committee and Member of the Remuneration Committee of Solidarity Bahrain B.S.C, Bahrain
  • Board Member and Member of the Executive Committee, Aljazira Takaful Taawuni Co., KSA
  • Board Member and Member of Executive Committee & Member of Investment Committee of United Insurance Company B.S.C. (c), Bahrain
  • Board Member and Chairman of Remuneration, Nomination, & Corporate Governance Committee, Bahrain Institute of Banking & Finance (BIBF), Bahrain
  • Formerly, Chairman of the Bahrain Insurance Association (BIA)
  • Formerly, President of the General Arab Insurance Federation (GAIF)
  • Formerly, Board Member and Member of the Executive Committee of the Bank of Bahrain and Kuwait (BBK), Bahrain

Jawad Mohammed

Chief Executive Officer,
Solidarity Bahrain B.S.C (c)

Qualifications:

  • Masters’ in Computing from the University of Sunderland, UK; and Bachelors in Computer Science from Bangalore University, India. Jawad is an Associate of the Chartered Insurance Institute, UK, and a Certified Anti-Money Laundering & Compliance Specialist. He attended the Gulf Executive Development Program at the Darden School of Business, University of Virginia, USA.
  • 27 years of experience in business management and Insurance industry

Key Functions & Assignments held:

  • Member of the Investment Committee of Solidarity Group Holding, and also represents the Group on the Boards of various subsidiary companies
  • Board Member and Member of the IT Committee & Member of Risk Committee of First Insurance Company, Jordan
  • Board member in Health 360 Ancillary Services W.L.L.
  • Board Member in Solid Ventures W.L.L., Bahrain
  • Board Member in Solid Capital W.L.L, Bahrain
  • Chairman of the Bahrain Insurance Association (BIA), Bahrain

Venkatesan Muniswamy

Chief Operating Officer, Solidarity Group Holding BSC (c)

Qualifications:

  • Bachelors’ degree in Commerce from University of Madras, India, Fellow member of the Institute of Chartered Accountants of India and an Associate member of the Insurance Institute of India.
  • Over 35 years of experience in the Insurance, Finance, Auditing and Accounting, Investments & Asset Management, Mergers & Acquisitions, Corporate Strategic Planning, Budgeting, Corporate Restructuring, Internal Audit, Compliance, Corporate Governance and Reinsurance & System implementation functions.

Key Functions & Assignments held:

  • Vice-Chairman of Solid Ventures W.L.L., Bahrain
  • Vice-Chairman of Solid Capital W.L.L., Bahrain
  • Board of Managers of Solidarity Takafol Sarl, Luxembourg
  • Formerly, Board Member of Solidarity Bahrain B.S.C. and Member of the Executive Committee
  • Formerly, Board Member & Member of the Audit Committee of First Insurance Company Plc., Jordan
  • Formerly, Board Member of Mulkiyat Investment Company, Jordan
  • Formerly, Finance Manager at Al Ahlia Insurance Company, Bahrain
  • Formerly, Administrative Officer at United India Insurance Co Ltd., Chennai

Abhijit Singh

Assistant General Manager
Investments & Special Projects, Solidarity Group Holding BSC (C)

Qualifications:
  • Masters’ in Business Administration from the Indian School of Business and a qualified Chartered Alternative Investment Analyst
  • 15 years of experience in investments and asset management with particular emphasis on asset allocation and portfolio management
Key Functions & Assignments held:
  • Board Member of Solid Ventures W.L.L, Bahrain
  • Board Member of Solid Capital W.L.L, Bahrain
  • Board Member of Health 360, Bahrain
  • Formerly, Board Member of Solidarity Takafol Sarl, Luxembourg
  • Responsible for managing, group and subsidiarity level asset allocation, financial risk and investment income bottom-line in the context of both proprietary capital and takaful portfolios
  • Actively involved in special projects on group inorganic expansion via acquisition and merger within the Takaful industry

Ahmed Habib Al Hulaibi

Head of Investment & Special Projects Department of Solidarity Group Holding B.S.C. (c)

Qualifications:

  • 13 Years of experience in investment management, financial control, mergers & acquisitions, and corporate strategy
  • CFA Charterholder since February 2015
  • Holds Bachelor of Commerce with double major in Economic and International Business from University of Auckland (September 2010). Awarded senior prize in economics for 2009 and 2010.
  • Completed Leadership Development Program at Darden School of Business, University of Virginia in 2017.
  • Holds intermediate insurance diploma from BIBF since 2012.