Najm Appoints Fahad Ibrahim Al-Akeel as CEO

Najm For Insurance Services has announced the appointment of Mr. Fahad Ibrahim Al-Akeel as the new CEO effective January 1st, 2018.

On this occasion, the Chairman of Najm, Dr. Abdulrahman AbdelMohsen Al Kalaf said: “On behalf of the  Board of  Directors and employees, we welcome Mr Al-Akeel  to the family of Najm. We are confident  that his extensive business and industry expertise will be an added value to the company "

Following his  announcement, Mr. Fahad Ibrahim Al-Akeel said "I am honored to be appointed as the new Chief  Executive Officer of Najm, the company that has done major contributions to the Saudi Arabian vehicle insurance sector over the past few years, with its core competencies in managing business and gaining customer loyalty."

"The company's new strategy and vision will shape its roadmap towards growth and excellence. We look forward to enhance and elevate the quality of services  offered  and  expand the scope of work. Together with Najm team members, we will proceed, with a clear  vision  towards achieving  sustainable growth and success in the coming years," he added.

Al-Akeel also noted the Kingdom's Vision 2030, which emphasized on establishing a strong and stable economy with diverse sources of income. Al-Akeel anticipated a unique opportunity for the insurance sector in fulfilling this vision.

He further highlighted the importance  of the Government's role in activating the insurance programs adopted by the Council of Ministers, such as the insurance of government vehicles, as well as strengthening and initiating partnerships with the private sector to achieve the desired goals.

It is worth mentioning  that  Mr. Fahad Al-Akeel has more  than 19 years of extensive experience in the business  and f inancial sector which he  held  several leadership  positions  in  leading Saudi companies and banks. He also obtained many professional management degrees and certificates  from Canada, Switzerland and  Stanford University, USA.

Since 2007, Najm for Insurance Services has been providing professional and innovative services to vehicle insurance companies and individuals who have been exposed to traffic accidents. Its services include attendance at the accidents’ scene, initiating and taking required actions and procedures to resolve the accidents, and specializing in the preparation and submission of incident documents.