Al Wathba Ins. appoints new CEO: Al Wathba National Ins. has named Shukri Almheiri as its new chief executive officer (CEO), according to an ADX disclosure (pdf). Almheiri has over 30 years of experience in ins., investment, and corporate governance and will lead the company’s goal to reach revenues of AED 2 bn by 2030. Almheiri has been a board member since 1998 and has also held senior positions at Adnoc, the Health Ministry, Dubai Investment Industries, and Abu Dhabi Investment Company.

Senior executive at Goldman Sachs retires: Goldman Sachs’ co-chief executive for the Middle East and North Africa region, Fadi Abuali (LinkedIn), will retire, Bloomberg reports, citing an internal company memo confirmed by a spokesperson. Abuali was appointed co-CEO, alongside Zaid Khaldi, in 2020, and also served as co-head of the firm’s international asset management arm.

Bildco’s board chairman resigns: Abu Dhabi National Company for Building Materials’s (Bildco) board of directors has accepted Omran Al Hallami ’s resignation as chairman, according to a disclosure (pdf). Al Hallami joined as chairman last year.

The disclosure did not disclose if a successor has been named yet, but the firm approved the reconstitution of the board at a general assembly on Tuesday, electing new members, according to a separate disclosure (pdf).

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