New head of insurance for HSBC Middle East

Published: September 3, 2009

HSBC Bank Middle East has appointed David Hunt as head of insurance for the Middle East.

In his new role, Hunt will oversee all HSBC insurance businesses across the Middle East region, including Saudi Arabia and Egypt. He is also responsible for the provision of insurance products and services for all of HSBC’s personal and commercial customers, including the development of its shariah-compliant takaful business.

Before taking up his new position, Hunt was the managing director of SABB Takaful company, an Islamic insurance company in Saudi Arabia. SABB Takaful is a joint venture between the HSBC Group and SABB and is quoted on the Tadawul.