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“Mohamed Hassan Abdelaziz Named Managing Director of Sarwa Insurance, Bringing Over Three Decades of Industry Expertise”

Sarwa Insurance, the insurance arm of Contact Financial Holding, has announced the appointment of Mr. Mohamed Hassan Abdelaziz as Managing Director of the company, effective January 2027. Mr. Abdelaziz will lead a new phase of growth and development, bringing over 30 years of experience in the insurance sector across general insurance, motor insurance, medical insurance, and reinsurance, in addition to his extensive experience in sales, alongside a distinguished track record in leadership, enhancing technical profitability, underwriting governance, and strategic growth.

Returning to Sarwa Insurance, where he previously served as Executive director of Strategic Planning and Growth from 2020 to 2023, Mr. Abdel Aziz brings deep understanding of the company’s operations and people. His professional experience spans both the Egyptian and Saudi markets, having worked with Gulf General Cooperative Insurance Co., Alamiya Cooperative Insurance Co. (RSA Group), and Al Ahlia Insurance Co., alongside Misr Insurance and Marsh Risk Egypt Insurance Brokers. Mr. Abdel Aziz also holds the Diploma in Insurance (DIP.CII) from the Chartered Insurance Institute in London.

Commenting on this appointment, John Saad, Group CEO & MD of Contact Financial Holding, said: "We are confident that Mohamed Hassan Abdelaziz, with his clear vision, proven track record, and deep understanding of our team and core strengths, is well positioned to lead a new phase of growth and translate our ambitions into tangible results. Under his leadership at Sarwa Insurance, we look forward to accelerating the transformation toward a customer-centric digital insurance model that drives business growth and enhances profitability by leveraging technology to streamline and expedite processes and deliver tailored solutions that meet customer needs, further strengthening Sarwa's position and its role in executing the Group's strategy."

This appointment supports the Group's corporate transformation strategy and enhances integration across its companies, contributing to the establishment of an integrated digital financial ecosystem. It also reflects Sarwa Insurance's commitment to leveraging leadership expertise that combines institutional knowledge and developmental vision to empower the team to achieve higher levels of performance, accelerate the pace of digital transformation, and strengthen the company's ability to keep pace with industry developments, thereby supporting its role in achieving the Group's objectives.