Industry veteran and long-term ACE employee Ghassan Wazen is set to take the helm as ACE’s head of North Africa.
Ghassan, formally ACE's regional business development manager for Middle East and North Africa (MENA), will now oversee the performance, future development and strategy of ACE’s North Africa operations.
He will report to Mojgan Khoshabi, regional managing director for ACE in MENA.
Ihab ElAwady, country president for Egypt and Kamal Kaabi, general manager for Tunisia will now report to Ghassan.
The appointment highlights ACE Group’s increased focus on building its within Eurasia and Africa, its newest geographical business region.
Giles Ward, ACE’s regional president, Eurasia and Africa, said: “Despite the current uncertainties in North Africa, we believe that the market offers considerable long-term opportunity for ACE.”
Ghassan’s career in insurance spans 30 years. He joined ACE in France in 1986 and moved to MENA in July 2007 as country president for ACE in Egypt and regional manager for accident and health for MENA.