DUBAI, UAE, October 7, 2015 /PRNewswire/ --
Lockton, the largest privately held insurance broker in the world, today announces the appointment of Alan Corney as regional retail CEO, with immediate effect.
Alan, who will be responsible for developing Lockton's rapidly expanding retail business in the Middle East and North Africa region joins from Mubadala, the investment and development company supporting the growth of the dynamic and diversified UAE economy, where he was Senior Vice President and Head of Group Insurance.
Wael Khatib, Senior Partner & Chairman, Lockton (MENA) commented: "we have made terrific progress against the priorities we laid out when we set up our operation in the DIFC in 2009. In the coming 12 months, we are planning further expansion in countries across the MENA region.
He added: "to support this rapid growth, we need to have the right organizational structure and leaders who possess a broad understanding of the region and the clients that we serve. Alan brings with him substantial experience in the regional and international markets, and I look forward to working with him to build on the strong foundations for growth established by the current team."
Alan Corney commented, "Lockton has enjoyed tremendous growth and development in a relatively short time within the UAE and broader MENA region. This achievement can be attributed in no small part to their keen focus on clients' needs and their ability to proactively develop responsive solutions. I am extremely excited to be joining Lockton and to have the opportunity to contribute to the continued success and evolution of the business within the region."
Notes to editors:
More than 5,600 professionals at Lockton provide 48,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses.
From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held, independent insurance broker in the world and 10th largest overall. For six consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance."
For further information, please contact:
Simon Hayes, MD
Full Circle Communications
SOURCE Lockton MENA