The Executive Management

Abdulaziz Al Boug is an accomplished C-suite executive with over 26 years of experience in executing transformational programs, designing company’s strategic direction, leading growth and expansion agendas, and building effective executive teams.

He is currently the CEO of Tawuniya, a leading insurance company in the market with more than SAR 14 Bn. in revenues, SAR 6.7 Bn. of investment portfolio and SAR 15 Bn. in assets. During his tenure, he managed to turnaround the company’s financial performance accumulating SAR 1.3 Bn. in profits in the last three years. Beyond stabilizing the company’s financials, he developed and is currently leading the execution of an ambitious and transformational strategy for the company.

Prior to that, he held the position of Senior Vice-President of Sales & Marketing in Tawuniya where he managed all commercial aspects of the company and in turn grew the company’s revenues by more than 30%. Moreover, he pioneered and executed customer centric marketing strategies increasing the company’s brand value and market share, he has a strong insurance technical & underwriting background, he had served as a regional underwriter.

He holds an Executive Master of Business Administration from the University of Hull- UK and a Bachelor’s degree in International Business Administration from King Abdulaziz University.

In parallel and for the last 5 years, Al Boug has been residing as Chairman and Member of multiple Boards and committees in both public and private sectors. He is the Chairman of Waseel Company, Tree Digital Insurance Company & Teejan Al Khaleej Company, a board member & member in the Nomination and Remuneration Committee of Vision bank and United Insurance Company (Bahrain), also he is a board member of Najem Co., CCHI & Bunyan real estate. In addition, he is the Chairman of Health Insurance Sub-committee and a member of Executives Committee under the Saudi Central Bank sponsorship. Furthermore, Al Boug is a member of the Executive Committee, and the Nomination and Remuneration Committee at Tawuniya.

The Chief Financial Officer at Tawuniya, possessing over 20 years of experience in the field of finance, audit, and executive leadership to the company, drawing from a number of key leadership positions across industry-leading entities, including tenures as Chief Financial Officer and Chief Business Officer at the Saudi Arabian Industrial Investments Company (DUSSUR), a Public Investment Fund, Saudi Aramco, and SABIC joint venture. He also held other distinguished posts at the Saudi Arabian Amiantit Company, and King Fahd University of Petroleum & Minerals, among others. He holds membership and chairmanship in several committees including the Audit Committees of the Saudi Telecom Company, the Saudi Electricity Company, the Saudi Arabian British Bank, and the General Authority for Military Industries, among others.

Dr. Kurdi holds a Ph.D. in Accounting from the University of North Texas, USA, a Masters’ degree in Accounting from the University of Arizona, USA, and a Bachelors’ of Science in Accounting from King Fahd University of Petroleum and Minerals, KSA. He is also a Certified Management Accountant (CMA).

The Chief Executive Officer of the Health Insurance Sector of Tawuniya, Dr. Al-Kassabi counts more than 17 years of experience in healthcare. He has held a number of key positions across the sector prior to his appointment, including Chief Operating Officer, Medical Advisor, Project Manager, Performance Improvement Consultant, and Rehabilitation Development Consultant at leading healthcare organizations across the Kingdom, including Dallah Hospital, King Faisal Specialist Hospital and Research Center, Sultan bin Abdulaziz Humanitarian Services City (SBAHC), and the Council of Cooperative Health Insurance (CCHI), where he was the Executive Director of Empowerment and Supervision.

With an Executive Masters’ degree in International Management and Leadership from Al Yamamah University, KSA and a Bachelors’ in Applied Medical Sciences from King Saud University, KSA, Dr. Al-Kassabi continues to contribute to the advancement of healthcare through scientific research and publications.

The Chief Executive Officer of Tawuniya’s General Insurance Sector (formerly P&C), Mr. Al-Khomashi has more than 21 years of experience in Tawuniya across the fields of property, casualty, non-marine insurance claims, as well as human resources and support services. Prior to his appointment as CEO of the P&C Sector, Mr. Al-Khomashi held a number of administrative and leadership positions in Tawuniya including Senior Vice President of General Insurance, Senior Vice President of Technical Affairs, General Manager of Human Capital and Support Services, and General Manager of Property and Casualty Department.

He is a member of a number of committees in Tawuniya, as well as, other institutions, most notably of the Technical and Reinsurance Committee at the level of the Saudi insurance industry affiliated with the Saudi Central Bank (SAMA). He also sits on the Board of United Insurance Company (UIC), and is a Technical Committee Member of the Arab War Risks Insurance Syndicate (AWRIS).

Mr. Al-Khomashi has a Masters’ in Insurance and Risk Management from Case Business School, London, UK, and both a Masters’ and Bachelors’ degree in Chemical Engineering from King Saud University, KSA. He also holds an Advanced Diploma in Insurance (ACII) from the Charted Insurance Institute, London, UK, among many other professional qualifications and certifications. Mr. Al-Khomashi has also attended many scientific conferences organized by local, regional, and international institutions related to his areas of focus.

The Chief Executive Officer of the Mobility Insurance Sector at Tawuniya, Mr. Abuthnain counts close to two decades of experience within the company across the areas of information technology, Strategic management office, customer service, and underwriting. Prior to his current appointment, he held a number of leadership positions at the Company, including General Manager - Customer Service and Vice President - Motor Insurance.

Mr. Abuthnain holds a Bachelors’ degree in Computer Sciences and Information Technology from King Saud University, KSA, and Associate degree in Project Management from The George Washington University among multiple professional certifications and advanced leadership trainings.

Mansour is a board member at Mefic Capital. He is also a member of many committees in Tawuniya and a number of other institutions such as a member of the IT and digital transformation committee at Mefic, Member of the Saudi Motor Insurance Sub Committee – Saudi Arabian Monetary Authority.

He also was a board member at Al Yusr leasing and financing company and a member in their executive and digital committees

The Chief Investment Officer of Tawuniya’s, Mr. Al-Moammar draws from a distinguished career spanning well over three decades in investment management, having previously been the Senior Vice President of Investment at Tawuniya, prior to his current appointment. Mr. Al-Moammar comes with leadership experience in the financial sector including the role of Vice President of Investment as well as Head of Finance at a number of banks and financial institutions including Riyad Bank, Emirates NBD, Tadawul, and Manafe Holding.

He holds a Bachelors’ degree in Insurance and Real Estate, alongside many professional and specialized certificates, including specialized training in market risk management and banking services risk management organized by Citibank and the Saudi Central Bank (SAMA).

The Chief Human Capital Officer at Tawuniya, Mr. Al-Harthi brings over two decades of experience in human resources to the Company. He has held many leadership positions such as Chief Consultant, General Manager of Human Capital Management, as well as, Chief Human Resources Officer at a number of organizations including Unilever, Fonterra, National Commercial Bank (NCB), and Bupa Arabia. Mr. Al-Harthi was also the founder and Senior Consultant of Enjaz Management Consultants. He holds a Bachelors’ degree of Law from King Abdulaziz University, KSA.

The Chief Strategy Officer Tawuniya, Mr. Al-Ghamdi brings over 16 years of experience in the field of planning and strategy. He has held several top administrative positions in Strategic Business Analysis for a number of institutions, including BAE Systems Saudi Arabia, American Express, and Vinyl Arabia. Prior to his appointment as Chief Strategy Officer, Mr. Al-Ghamdi held the position of General Manager of Strategy Management at Tawuniya. He holds a Bachelors’ degree in English Language and Literature from Imam Mohammad Ibn Saud Islamic University (IMSTU), KSA.

The Chief Governance, Risk, and Control Officer, Eng. Allaf’s career in the financial sector spans more than 25 years with solid business, control and governance background. Prior to joining Tawuniya Eng. Allaf was Head of Wholesale Treasury and Market Risk at Saudi National Bank (SNB). Eng. Allaf was also the Executive Director of Risk Management at Abdul Latif Jameel United Finance Company. Eng. Allaf served a number of membership committees including Financial Institutions Risk Committee, Risk Committee at Wafa Insurance, Asset-liability committee at SNB, and Abdul Latif Jameel Group Medical Insurance Committee. Eng. Allaf holds a Masters’ degree in Business Administration from University of Business & Technology, KSA, and a Bachelors’ degree in Electrical Engineering from King Abdulaziz University, KSA along with many professional and specialized certificates and leadership training programs.

Chief Transformation and Technology Officer at Tawuniya, Mr. Al Shargi counts over 16 years of experience in setting-up and leading large-scale, multi-billion SAR transformation programs across both public and private organizations and multiple industries, largely in the digital space as well as in private health insurance, real estate, housing, education and telecommunication. Prior to joining Tawuniya, Mr. Al Shargi was the Executive Director of Technology and Digital Transformation at the Council of Health Insurance.

Mr. Al Shargi has demonstrated his proficiency in working with senior government officials, as well as, key private-sector entities, and building successful Public-Private Partnerships to achieve the national agenda and develop business opportunities. He holds a Masters’ degree in Business Administration from Al Faisal University, KSA, and a Bachelors’ degree in Information Systems from King Saud University, KSA.

The Chief Customer Experience & Marketing Officer at Tawuniya, Mr. Al-Hamoudi’s counts over 24 years of experience within the company in the field of sales management and key accounts. Prior to joining Tawuniya, Mr. Al-Hamoudi held a number of key positions within the company, including Vice President of Corporate and Key Accounts Sales, and Senior Vice President of Marketing & Sales. He also holds a number of memberships in several committees at Tawuniya.

He holds a Bachelors’ degree in Mass Communication - PR & Advertising, and an IFCE Certification from The Financial Academy, KSA, among a number of other professional certifications and advanced leadership trainings.