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30 May 2023

The CEO of Misr Insurance Company wins the Best in Africa award

Omar Gouda, Managing Director and CEO of Misr Insurance Company, won the Best CEO Award in Africa for the year 2023, which was awarded by the African Insurance Awards Committee under the auspices of the African Reinsurance Company, during the awards ceremony yesterday in Algiers. 

These awards are granted with the aim of honoring and rewarding the best performance of leaders, individuals and companies in order to encourage African insurance companies to pay attention to best practices in corporate management and to encourage innovation, management and good leadership to advance the insurance industry in Africa.

 Omar Gouda’s win of the Best CEO Award in Africa for the year 2023 comes in recognition of the outstanding efforts and contributions he made during the past period to advance Misr Insurance Company and his hard work to develop the company and achieve the best results and indicators, leading change in the giant Misr Insurance Company, developing the company’s internal systems and adopting ambitious plans. To develop products and the work environment and adopt comprehensive plans to train employees in order to improve the services provided to the company’s clients in Egypt and abroad. 

Gouda is considered one of the most prominent insurance and reinsurance experts in the Egyptian, Arab and Middle Eastern markets, with experience spanning more than 40 years in the field of insurance and reinsurance during which he held many positions. He was a member of many technical committees and boards of directors of various companies inside and outside Egypt and president of the International Federation of Takaful and Islamic Insurance Companies. He is a regional director of the African Reinsurance Company and a member of the technical council of the Arab War Risks Insurance Fund. He also heads the Egyptian Society for Nuclear Risks Insurance and is a member of the Executive Committee of the African Insurance Organization.

 It is noteworthy that this victory and honor is an affirmation and reflection of the position of Misr Insurance Company on the African continent and an appreciation for its constructive efforts to develop and prosper the insurance and reinsurance industry in African markets, a role to which the company has paid great attention since its inception and the ambitious strategies the company is pursuing to develop and advance the industry and keep pace with technological developments. To achieve insurance coverage.

 This award comes within a number of awards that African Reinsurance awards annually, including (an award for the best insurance company in Africa, an award for the best CEO, an award for best innovation of the year, and the best insurance initiative of the year).