Allianz appoints new CEO for Egypt

German insurer Allianz said Wednesday it appointed Antoine Issa chief executive for Egypt.

Issa will succeed Udo Krueger as CEO of Alliance, who will retire by the end of the current month.

Antoine Issa possesses a deep knowledge of the insurance market in the Middle East with more than 27 years of experience within Allianz. Prior to his appointment, he was Chairman and MENA CEO at Allianz SNA Lebanon, and previously CEO of Allianz Saudi Fransi, Deputy CEO at Allianz SNA Lebanon, Managing Director of Allianz Egypt. He was significantly involved in the development of the company in Saudi Arabia.