Insurance Federation of Egypt appoints new head

Egypt’s Insurance Federation (FEI) has voted Alaa El-Zouhery, managing director of Arab Misr Insurance Group – GIG, as president to succeed outgoing chief Abdel Raouf Kotb for 2017-2021 term.

El-Zouhery won with 18 votes versus 16 votes for Adel Moussa, chairman of Misr Insurance Company.

Said Gabr, managing director of Suez Canal Life Insurance Company, was elected by acclamation as vice president of the Egyptian Insurance Federation.