Allianz Egypt, a leading insurance company and an affiliate of SanlamAllianz, announced the appointment of Mr. Charles Tawdros as the new CEO.
Industry sources added that this strategic decision displays the firm’s commitment to business development and aligns with its ongoing expansion plans. By utilizing the expertise of seasoned Egyptian professionals in the insurance sector, Allianz Egypt aims to reinforce its market position and achieve new growth milestones.
Industry sources further confirmed that Mr. Tawdros brings over 20 years of experience in the insurance and financial sectors. His career at Allianz Egypt includes numerous leadership roles where he has significantly driven the company’s success and evolution. Since July 2019, he has excelled as the Managing Director of Allianz Life Assurance Company in Egypt. He also serves as the Chairman of the Executive Council for Personal & Capital Redemption Insurance at the Egyptian Insurance Federation.
As per Allianz Egypt’s sources, renowned for his leadership and strategic vision, Mr. Tawdros is dedicated to upholding the highest standards of governance and sustainability. His career is known for notable achievements in powering growth and innovation across all his leadership positions at Allianz Egypt.
From 2016 to 2019, Mr. Tawdros served as the Chief Financial Officer, Head of Product Provider, and CEO of Reinsurance at Allianz Life Assurance Company in Egypt. Before that, he was the VP of Finance, Head of Product Provider, and Chief Risk Officer for a year, following his tenure as the Head of Actuarial Expertise and Risk Management, for three years.
Mr. Tawdros earned his bachelor’s degree in business administration from Cairo University, Faculty of Commerce, in 2002. He expanded his education with a Postgraduate Diploma in Actuarial Sciences from Leicester University in the United Kingdom, obtained in 2007.
