Ghassan Wazen will lead ACE’s North African division – the insurer’s newest geographical business region

Ghassan Wazen

ACE has appointed Ghassan Wazen, currently regional business development manager for ACE in MENA, to the new role of head of North Africa, as it continues to build its management capabilities within Eurasia and Africa, its newest geographical business region.

In his new role, Ghassan will oversee the performance, future development and strategy of ACE’s North Africa operations. Ihab ElAwady, country president for Egypt and Kamal Kaabi, general manager for Tunisia will now report to Ghassan.

Ghassan’s career in insurance spans 30 years. He joined ACE in France in 1986 where he held various positions within underwriting, claims and finance before being appointed head of accident and health and personal lines for France in 2003. He moved to MENA in July 2007 as country president for ACE in Egypt and regional manager for accident and health, MENA before taking up his current role as business development manager, MENA in 2013. His appointment is effective immediately and he will report to Mojgan Khoshabi, regional managing director for ACE in MENA.

Giles Ward, regional president, Eurasia and Africa at ACE Group, said: “Despite the current uncertainties in North Africa, we believe that the market offers considerable long-term opportunity for ACE. Ghassan’s appointment reflects the valuable and growing role that he has performed over the last few years, providing guidance and support for both our Egyptian and Tunisian teams. I am confident that his management experience, strong market relationships and local knowledge will be of great value as we continue to develop our business in North Africa.”