QBE Insurance Group has announced the appointment of Aspen Re’s Abdallah Balbeisi as Senior Executive Officer (SEO), Head of Middle East and Africa (MEA), effective May 2020.
In his new role, Balbeisi will be based in Dubai and will report to Stephen Postlewhite, Deputy Chief Underwriting Officer (CUO) of QBE Re.
He brings two decades of industry experience to the role, joining the firm from Aspen Re, where he led the MEA region since 2010 from London, and was named the SEO of the Dubai office since 2017. Before joining reinsurer Aspen Re, he has held numerous regional roles in loss adjusting, underwriting and brokering.
As SEO, Head of MEA, Balbeisi will lead QBE’s insurance and reinsurance initiative in the region. Until his appointment comes into effect next year, Vladan Radakovic will serve as Interim SEO.
Commenting on the appointment, Postlewhite said: “As a specialist insurer and reinsurer, we are dedicated to continually strengthening our capabilities to meet the evolving needs of our customers.
“Abdallah’s experience and strong relationships made him the ideal candidate to lead this business and further demonstrates our commitment to this key region for QBE.”