Ahmed Al Husaini serves as the Senior Risk Manager at Walaa Cooperative Insurance Co. since August 2023, where responsibilities include developing and implementing a comprehensive risk management strategy that aligns with the organization’s objectives. Prior to this role, Ahmed held the position of Assistant Vice President - Operational Risk Management at Bahrain Commercial Facilities Company from October 2021 to July 2023, focusing on enhancing operational risk frameworks and ensuring compliance with regulatory requirements. Ahmed's extensive experience also encompasses various roles at HSBC, including Manager of Risks and Controls, Regional Vendor Risk Manager, and Operational Risk & Internal Control Officer, as well as early positions at Standard Chartered Bank and Citi. Ahmed earned a Bachelor's degree in Accounting from the University of Bahrain, which was completed between 2003 and 2010.
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Walaa Cooperative Insurance Co.
We take pride in introducing ourselves as one of the leading insurance and reinsurance companies in the Kingdom of Saudi Arabia, with a fully paid-up capital of SAR 850 million. We have been assigned an A- Insurance Financial Strength Rating (IFSR) by S&P Global Ratings and gcAAA GCC regional scale financial strength credit rating, both with a 'stable' outlook. Moody’s Investors Service rated Walaa with a financial strength rating of A3. Headquartered in Al-Khobar - Eastern province, the oil hub of the Kingdom, we serve our clients all over the Kingdom through three regional offices and more than 70 retail offices.