Tareq Fahad Bouresly was appointed Managing Director of Al-Etihad Cooperative Insurance Company effective April 30, 2026, following approval from Saudi Arabia's Insurance Authority on April 29, 2026. He holds a bachelor's degree in accounting and brings substantial experience to the role.
Bouresly brings 30 years of experience in management, finance, insurance and investment, positioning him as a seasoned executive in the Saudi and regional financial services sector. Prior to his appointment as Managing Director, he served as a Board Member and Chairman of the Risk Management and Cybersecurity Committee at Al-Etihad, demonstrating expertise in governance and risk oversight within the insurance sector.
Bouresly has served on multiple board committees at Al-Etihad, including the Executive Committee, indicating deep familiarity with the company's strategic operations and governance frameworks. His knowledge of the organization's reinsurance relationships—particularly with Kuwait Re and Al Ahleia Insurance—reflects practical experience in regional insurance partnerships.
What Tareq Fahad Bouresly could bring to Managing Director at Al-Etihad Cooperative Insurance: His three decades of cross-functional expertise in management, finance, and insurance positions him to drive operational efficiency and profitability. His prior committee leadership on risk management and cybersecurity signals capacity to navigate regulatory compliance and emerging digital threats in Saudi Arabia's evolving insurance market. His existing board relationships and understanding of Al-Etihad's reinsurance ecosystem may accelerate strategic decision-making and partnership expansion.
Facts compiled by Executive Moves from publicly available news and press releases on 11 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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