Re/insurance broker Lockton has announced the appointment of Ata Khatib as Chief Executive Officer of Lockton MENA Limited, its business for the Middle East and North Africa regions.
Based in the Dubai International Financial Centre (DIFC), Khatib will be tasked with overseeing Lockton’s broking subsidiaries in the area.
Khatib helped to set up Lockton’s offices in the DIFC in 2009 and later became Deputy CEO of Lockton MENA, and sat on its board.
Lockton explained that his regional and international relationships, as well as his expertise in energy and power, will prove invaluable as it continues to expand its energy and power footprint in the MENA region.
Khatib succeeds Tony Saada, who will focus on his responsibilities as Regional CEO for MENA as Lockton continues to build its brand across the region.
“With Ata at the head of Lockton MENA, the business is ideally positioned to accelerate its focus on executing against key strategies due to its strong relationships with clients, regional and international markets, and a proven track record of leadership,” said Saada.
Wael Khatib, Senior Partner & Chairman at Lockton MENA, also commented: “I join everyone in congratulating Ata on his new appointment. I would like to thank the leaders at Lockton throughout the region for their constant dedication to create a strong organisation.”
“They have been deeply committed to laying the building blocks to continue Lockton MENA’s transformation along its planned growth strategy,” he added.
Lockton also confirmed that Lama Sweis will continue in her role as regional COO for Lockton MENA, while Lockton Insurance Brokers Egypt, which was launched in April 2018, will continue under CEO Mohamed Magdy Omar.
Additionally, Ahmed Abdo will continue to lead the Lockton Insurance Broker Jordan operations as its General Manager, while Fatima Zahra will continue to run Lockton MENA’s office in Casablanca.