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Board of Directors

The Board currently comprises three international Non-executive directors representing the core founder, founding shareholders and the promoters, and two UK independent Non-executive directors.

Additionally, the CEO is on the board of the Principle Insurance Holdings Limited as an Executive Director. The directors bring a balanced mix of relevant skills, including senior management, consulting and financial services industry experience in the UK and in the Gulf region.

A brief profile of the directors of the Company is given below:

Mr. Abdulaziz Hamad Aljomaih, Chairman

Mr. Aljomaih represents the interests of Aljomaih Group, a major business enterprise in Saudi Arabia.
The Group represents General Motors, Yokohama, Pepsi-Cola, Shell, MAN and Fiat-Allis, among others in Saudi Arabia.

An engineer by qualification, Mr. Aljomaih earned his post graduate degree from USC, in California, before joining the family business. Mr. Aljomaih is founding shareholder and Vice Chairman of Arcapita, a premier Islamic investment bank based in Bahrain. He is also a founder shareholder and board member of Etihad Etisalat (2nd largest GSM operator in Saudi Arabia - market capitalization of circa $7.7 billion) and Dana Gas, UAE (the largest non-state owned oil and gas company in the Middle East - market capitalization of circa $3.5 billion). He serves on the boards of numerous other regional and international companies including Bank Al Bilad, Saudi Arabia (market capitalization of over $3 billion), Karachi Electric Supply Corporation (largest electric utility company in Pakistan) and Uniroll (Steel Rolling and Casting Plant). The Aljomaih Group has interests across the globe in financial services, automobiles, oil and gas, telecommunications, power, steel, beverages, and real estate.

Mr. Bradley Brandon-Cross, Chief Executive Officer

Mr. Brandon-Cross has had a successful career in the insurance industry both in the UK and internationally for more than 22 years. During that time, Mr. Brandon-Cross has either led or been significantly involved in some 15 completed acquisitions in the insurance sector and successfully grown small or start-up businesses in the UK, the United States, Japan and elsewhere.

In 2001 Mr. Brandon-Cross co-founded the Rubicon Corporation, an insurance outsourcing venture. Rubicon quickly grew through a mixture of acquisitions and organic growth, generating revenues of more than £25 million with around 600 staff and featured as clients many of the UK's leading insurance providers.

Prior to founding Rubicon, Mr. Brandon-Cross spent 6 years at GE Capital, managing its primary insurance business in Europe and the Far East, first as Managing Director of the non-UK insurance business, operating in 15 countries across the Continent of Europe and Asia Pacific, including France, Germany, Spain, Italy, Japan and Australia. Following this, Mr. Brandon-Cross was Managing Director of the UK insurance business; at the time the UK's ninth largest insurer and a market leader in specialist property and casualty insurance.

Prior to GE, Mr. Brandon-Cross was one of the principals and head of the Continental European business of Consolidated Insurance Group. Between 1988 and 1992, Mr. Brandon-Cross was President of Consolidated's North American business based in Wilmington, Delaware, and before that was Head of Business Development in Consolidated's UK operations in London and was part of the team that acquired the business from the Beneficial Corporation in 1988. GE Capital acquired Consolidated in 1994.

Mr. Michael David Ross, CBE, FFA, CCMI, Non Executive Director

Mr. Ross was formerly Chief Executive of Scottish Widows from 1991 to 2003 and a Deputy Group Chief Executive of Lloyds TSB from 2000 to 2003. He was Chairman of the Association of British Insurers from 2001 to 2003 (ABI), Chairman of Scottish Financial Enterprise from 1999 to 2004 and a Vice-President of the Committee of European Insurers from 2002 to 2003. He is currently Chair of the Customer Impact Panel of the ABI, and a member of the Finance and Investment Committees of the National Trust for Scotland. He also holds appointments as a non-executive director of the Pearl Group and its subsidiary life companies, and mform Holdings Ltd.

Mr. Dennis Holt , Non-Executive Director

Mr. Holt recently retired as Group Chief Executive of AXA UK where he led the business interests in the UK and Ireland. He has held a range of roles in Lloyds TSB over a period of 31 years and was a Vice Chairman of the Association of British Insurers. He currently holds a number of Board appointments in the financial services sector, including as Chairman of Liverpool Victoria and as non-executive director of Bank of Ireland and  Automobile Association insurance.

Mr. Syed Mohammed Nadeem Mujtaba , Non Executive Director

Mr. Mujtaba is Managing Director of Gulf Ventures Group Corporation, a BVI registered venture development firm operating from Bahrain. He has over 20 years of experience in banking, venture development, consulting and financial advisory services in the Middle East and Europe. He has previously served in senior management positions with Gulf Investment Corporation (GIC) in Kuwait and Gulf International Bank (GIB) in Bahrain. Before coming to the Gulf region, Mr Mujtaba worked with Strategic Planning Associates (now Oliver Wyman Management Consultants) in London. Mr Mujtaba is a Certified Public Accountant from the USA and has an MBA from IMD in Switzerland.

Mr. Imran Siddiqui , Non Executive Director

Mr. Siddiqui is an investment professional also representing the interests of the Aljomaih Group in Riyadh, Saudi Arabia. He has over 13 years’ experience in investment banking, venture capital and private equity investment management in Europe, Asia and the Middle East. Prior to moving to the Middle East in 2003, he worked for institutions such as Merrill Lynch, Nomura Securities and JPMorgan Chase in London and Hong Kong. Mr. Siddiqui currently serves on the boards of several companies operating in financial services, power and energy, investment advisory and technology.

Mr. Syed Moheeb, Non-Executive Director

Mr. Moheeb is based in Kuala Lumpur and is President and CEO of Takaful-Ikhlas Sdn. Berhad, a subsidiary of MNRB Holdings Berhad. He has worked for more than 30 years in the insurance industry, is a Board member of the Malaysian Insurance Institute and sits on the Management Committee of the Malaysian Takaful Association.

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