Appointment of New CEO

31 October   0

t’azur Insurance Company is proud to announce the appointment of Mr. Yahya Nooruddin as Board Member and CEO of t’azur Company b.s.c. (c).

Mr. Nooruddin is a highly experienced professional having spent over 20 years in local and regional financial markets. He has a proven track record of building organizations and leading them to the forefront of their respective industries. Mr. Nooruddin holds academic and professional degrees in the areas of Marine Engineering, Law and Financial Management.

“Yahya has over 20 years of experience in the industry and has built strong relationships within the financial community.” Said t’azur’s Chairman, Shaikh Dr. Abdulaziz Al Orayer. “We trust that he will be instrumental to the Company's profitability and success. Most importantly, t’azur’s Board of Directors and employees have full confidence in Yahya's leadership.”

“I am pleased to accept this exciting challenge to lead t’azur”, said Mr. Nooruddin. “Through this role, I am determined to further enhance t’azur’s business foundation in Bahrain and the region. One of my main objectives is to increase people’s awareness of Family Takaful products such as Life and Savings plans.”

t’azur Company b.s.c. (c) is a Bahraini closed joint stock company incorporated under the laws of the Kingdom of Bahrain and licensed and regulated by the Central Bank of Bahrain. The company was founded by Bank Al Khair (formerly Unicorn Investment Bank) with an authorised capital of US$ 500,000,000, of which US$ 58,000,000 is issued and paid up. The company provides Family and General Takaful products for individuals and businesses. All products abide by the principles of the Islamic Shari’a law and are under the supervision of the company’s Shari’a Supervisory Board. t’azur is the winner of the 2010 CPI Financial Takaful Operator of the Year Award and the 2010 Maqasid Al Shari’a CSR Best Islamic Insurance Company Award.