Muscat: Al Madina Takaful, Oman’s first Takaful insurance provider, announced the appointment of Usama Al Barwani as chief executive officer (CEO) of Al Madina Takaful at the board meeting.
Al Barwani was the acting CEO. He was one of the key people involved in transforming the company from a traditional insurance company into Oman’s first takaful (sharia-based) insurance company. Playing a pivotal role in the success of the company’s IPO and under his guidance, the company has grown to become one of the leading takaful insurance companies in Oman. His able guidance and vision to meet business objectives has seen Al Madina Takaful set new benchmarks in the industry. These aspects include stronger customer focused offerings, innovative products, focus on newer technologies and profitability of the organisation.
With a strong track-record of success, the company was recently awarded the Best Arab Company in the insurance category and he was also the recipient of the
Best Arabian 100 CEO Award. Al Barwani has a degree in Strategic Management and Leadership ED (CMI) and has a Post Graduate Diploma in HRM in Information System Management and Education (CABA, Canada).
“I am humbled and honoured with the trust and confidence vested in me by my board and my colleagues. It has been a collaborative effort and I will continue to lead the company to greater heights bearing the vision and objectives we set out with as Oman’s first takaful insurance provider,” said Al Barwani.