The Board of Al Madina Insurance Company SAOG approved the resignation of Mr. Gautam Datta as CEO of the company and decided to appoint him as an Advisor to the Board at the Board Meeting held on February 28, 2016. The board, as per the approval from the Capital Market Authority, appointed Mr. Usama Issa Al Barwani, Dy. CEO, to officiate as the acting CEO and Mr. Ajay Srivastava, General Manager – Commercial as the Chief Operating Officer of the Company.

This resolution will be implemented from 29th of February 2016.