Change of Management at Arig’s Singapore Branch

With effect from 1.6.2012, Dr. Lee Yew Wing is retiring at his own request and Christian Ladoux will assume his position as Principal Officer and General Manager of Arig’s Singapore Branch Office. Christian brings along over 25 years of experience in reinsurance. An underwriter by background, he started his career with CTR in France and later held key positions at Aachen Re, the Allianz Group as well as at Lloyd’s syndicates Endurance Specialty and Argenta. Christian has traveled the Far East extensively throughout his career and he has been working out of Singapore since 2007.

Yassir Albaharna, CEO of Arig, comments: “Arig expresses gratitude for Dr. Lee’s contribution to the Group and the company is confident that the Branch and its regional clients will be in good hands under the experienced and tested Christian Ladoux.”

Arig is one of the largest Arab-owned, professional reinsurance providers in the Middle East and North Africa. Arig is listed on the stock exchanges in Bahrain, Dubai and Kuwait and offers a wide range of reinsurance products and services. Arig’s subsidiaries include Takaful Re (Dubai), Gulf Warranties (Bahrain), ARIMA Insurance Software (Bahrain) and Arig Capital Ltd, UK. Arig is also an equal partner in the joint venture Hardy Arig Insurance Management (HAIM).

For further information, please contact Amel Dardour, Corporate Communications, Tel: +973 17 544 357, Fax: +973 17 531 155, or email: dardour.a@arig.com.bh