Rachid Abi Nader was appointed Chief Executive Officer of Amana Cooperative Insurance Company on July 29, 2025, after receiving regulatory approval from Saudi Arabia's Insurance Authority. Abi Nader brings over 25 years of insurance sector experience across strategic development, business planning, insurance program development, marketing, risk management, bancassurance, corporate transformation, and digital services, with a career spanning the Middle East, France, the UK, Europe, and the US.
Before his appointment to Amana, Abi Nader served as CEO of Aqeed for over eight years, an InsureTech platform that raised $18 million to establish what was claimed to be the region's first digital insurance platform in the UAE. Radwan and Abi Nader are both experts in the field of insurance, having worked as consultants at PricewaterhouseCoopers (PwC).
Career History
- Chief Executive Officer, Aqeed (8+ years tenure)
- Chief Strategy Officer, Lebanese Swiss Insurance Group (Middle East)
- Chief Operating Officer, The Risk Group
- Lead Insurance Consultant, PwC Middle East
- Senior Strategy Advisor, Booz Allen
Abi Nader holds a diploma in insurance science from the French National Insurance Institute (foreign section), dual MBAs from ESCP Paris and ESA Business School, a postgraduate diploma in digital business from Columbia Business School and MIT, and completed the CEO leadership program at Cornell University.
Note: Abi Nader resigned as CEO of Amana Cooperative Insurance, effective May 7, 2026, after accepting another role. The position is no longer held by this individual.
Facts compiled by Executive Moves from publicly available news and press releases on 28 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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