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DUBAI, United Arab Emirates and LONDON, Nov. 1, 2013 /PRNewswire/ -- Lockton (MENA) Ltd, a unit of the world's largest privately owned, independent insurance broker, today announced the appointment of Tony Saada, as chief executive officer. He will be responsible for developing and serving Lockton's rapidly expanding client base in the Middle East and North Africa region, as well as meeting the growing demand for its expertise.
Wael Khatib, executive chairman, Lockton (MENA) Ltd said: "Lockton is committed to providing our clients with the highest standards of service while introducing innovative risk transfer, insurance and reinsurance solutions. Our operation here in the Dubai International Financial Centre delivers that service in one of the region's most influential financial centres and insurance market places. Tony's appointment will deliver a breadth and depth of experience and expertise that will help us continue to build our business and deliver results for clients."
Commenting on his new appointment, Tony Saada added: "I am delighted to be joining Lockton (MENA) Ltd in an area of major economic growth. I very much look forward to helping our clients meet their business goals, and continuing Lockton's tradition of providing a single-minded focus on customer service to support clients across the Middle East and North Africa."
Prior to his appointment, Tony spent 27 years at Marsh, most recently as senior executive officer of Bowring Marsh in Dubai.
More than 4,900 professionals at Lockton provide 35,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. For five consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check Lockton Market Update.
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