Reinsurance News

Hannover Re adds Ridwaan Patel as CFO, Hannover ReTakaful & Bahrain branch

17th February 2026 - Author: Saumya Jain -

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Hannover Re has appointed Ridwaan Patel as Chief Financial Officer for Hannover ReTakaful B.S.C. and its Bahrain branch, subject to approval by the Central Bank of Bahrain (CBB).

Hannover Re logoMost recently, Patel served as the Chief Risk Officer and Head of Compliance and Risk at Hannover ReTakaful B.S.C., positions he has held since April 2016.

He brings over two decades of experience across finance, risk, compliance, and governance, with 17 of those years spent at Hannover Re, after joining the Bahrain branch in March 2009 as Finance Manager.

Additionally, Patel also served as the Senior Manager for Finance and Compliance of Hannover Re for more than 13 years.

In the past, he has held roles including Associate at Hamilton Consulting, and as Financial Director at Repo Wild 1021 CC.

Patel started his career as a Trainee at PricewaterhouseCoopers in 2002.

Hannover Re commented on the appointment, “Congratulations, Ridwaan – we wish you every success in this exciting new chapter.”