Mashreq Bank’s former head of wealth management, Mufazzal Kajiji, has been named chief executive of Zurich Insurance Group’s life business in the Middle East, effective from 1 June.
Kajiji is described by Zurich as “a senior financial services professional with over 20 years of multi-functional experience across local and international financial organisations in India and the Middle East”.
He brings with him “significant expertise” within bancassurance, wealth management, digital transformation, business and distribution strategy, risk management, marketing and Islamic banking, the insurance giant added.
Speaking on the appointment, Wendy Liu, chief executive, Zurich Integrated Benefits Solutions, said: “We are delighted to have Mufi on board. His strong business management and distribution experience, proven track record in digital transformation and deep understanding of the regional market will ensure that we grow from strength to strength in our delivery of market-leading and customer-focused innovations.”
She added: “We would also like to sincerely thank Reena Vivek for all her support and contribution to this business, and wish her all the best for her future.”
Kajiji said, “I am delighted to join a strong and growing business. Zurich Middle East has talented people, well-established relationships with partners and is a trusted brand with customers. I look forward to building on the strong foundation and expanding the business to meet the needs of our customers.”