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Charalampos Mylonas (LinkedIn) resigned as CEO of Abu Dhabi National Ins. Company (Adnic), effective 4 June, according to a disclosure to the ADX (pdf).
The company tapped Jugal Kishore Madaan (LinkedIn) as acting CEO, effective 5 June, subject to approval from the Central Bank of the UAE. Madaan currently serves as the insurer’s executive vice president and chief underwriting and strategic accounts officer.
President Mohamed bin Zayed Al Nahyan appointed Kamal Almaazmi (LinkedIn) as undersecretary of Abu Dhabi’s Department of Finance, state news agency Wam reports. Almaazmi previously served as director general of investment and economic affairs at the department.
