Farid ChedidChairmanChief Executive Officer
Farid Chedid is the Founder, Chairman and CEO of the Chedid Capital Holding group of companies.
Starting with the launch of Chedid Re in 1998, Farid Chedid embarked on a two-decade journey building one of the region’s premier insurance and reinsurance group across the Middle East, Africa, and parts of Europe. Chedid Re is recognized among the top-20 reinsurance brokers worldwide and registered as a Lloyd’s broker.
Today, Chedid Capital Holding includes Chedid Re, Chedid Insurance Brokers, and Chedid Corporate Solutions. In 2009, the Group established Seib Insurance Company, as a Qatar-focused company dealing with corporate and complex risks. In 2015, Chedid Capital acquired a major stake in City Brokers, the leading insurance provider in Mauritius and East Africa. The same year, the group acquired Al Manarah Insurance Services, one of the leading insurance provider in the UAE.
In 2016, Global Re and Strategic Risk consortium selected Farid Chedid as “The Middle East and Africa Industry Achiever of the year”. In 2017, 2018 and 2019, he was selected among the 100 Arab Achievers by Arabian Business publication and among the 35 Most Influential Lebanese Businessmen by Forbes Middle East 2018.
In addition to his many company board memberships, Farid Chedid is active in support of many non-profit organizations, serving as a member of the Board of Trustees at Notre Dame University, Lebanon; a Member of the Board of Endeavor, Lebanon; a member of Human Rights Watch, Beirut Committee; a UNDP Goodwill Ambassador and a Fellow of the Middle East Leadership Initiative (MELI), member of The Aspen Global Leadership Network (AGLN).
Farid Chedid is a Fellow of the Chartered Insurance Institute of the UK, he holds a Master’s in Risk Management from NYU Stern School of Business; a Master’s in Finance from ESA/ESCP Europe; a Master’s in Management from Universite Paris IX Dauphine, and a Postgraduate Diploma in Maritime Law from London Metropolitan University.
Georges MokbelExecutive DirectorOperations
Georges Mokbel is the Executive Director of the Operations Division handling processing and quality assurance.
Before joining Chedid Re, Georges was a Senior Manager at Trust International Insurance Co. and Technical Head of Underwriting and Claims at Libano Suisse Insurance Co.
Georges holds an Accounting & Audit Diploma from the Centre National d'Etudes Superieurs et de Seminaires in Brussels, Belgium.
Habib JaaloukExecutive DirectorClient Management
Habib Jaalouk is Chedid Re's Executive Director.
Prior to joining Chedid Re, Habib was Partner and Director at General Reinsurance Services, Head of Reinsurance at Addison Bradely & Co and Engineering Underwriter, Member of Management, at Swiss Re.
Habib holds an MBA from the University of Lausanne, Switzerland and a Master’s degree in Civil Engineering from the Ecole Polytechnique de Lausanne.
ELIE ABI RACHEDChief Executive Officer - KSA
Elie Abi Rached is Chedid Re's Chief Executive Officer in Saudi Arabia. He is responsible for running Chedid Re's Saudi Arabian business and team.
Prior to that, Elie assisted in establishing Chedid Re's treaty operations and set up a medical mutual fund in Lebanon.
Elie holds a Bachelor’s of Science in Actuarial Sciences and Insurance, an MBA in Finance, is a Microsoft Certified System Engineer, and an Associate in the Charted Insurance Institute, UK.
Alain BouzaidExecutive DirectorHead of Treaty
Alain Bouzaid is the head of the treaty division, with a team of highly skilled specialists in health & life and general business that manage a portfolio in excess of USD 100 million premiums.
Prior to joining Chedid Re, Alain was the Managing Director of Nasco Karaoglan in Saudi Arabia which he helped establish. Earlier, he worked 12 years with AXA Group, notably at AXA RE and Paris RE where he was successively in charge of the parametric covers division and the treaty activity for France, Benelux, Southern Europe and Africa.
Alain holds a Master’s degree in Finance and Strategy from Paris Institute of Political Sciences and a Bachelor’s in Corporate and Tax Law from Paris Sud University. He also trained at ENSAE, Paris, on statistical analysis and risk modeling.
Joe AsmarExecutive DirectorGroup Head of Facultative
Joe Asmar is Group Head of Facultative at Chedid Re. He is leading all facultative division lines of business operations across the region.
Prior to that, Joe was a Business Development Officer at Alico - Group Management Division and an Account Executive for the Non-Motor Department at Arabia Insurance Company.
Joe holds an MBA from the Lebanese American University in Beirut.
Rana HafdaExecutive DirectorDeputy Group Head of Facultative
Rana Hafda is Deputy Group Head of Facultative at Chedid Re, assisting in the management of all facultative lines of business and leading the casualty and financial lines department.
Prior to that, Rana was a Risk Assessor at Middle East International Adjusters.
Rana holds a bachelor of Arts from the American University in Beirut.
WADIH HARDINIGeneral Manager - UAE
Wadih Hardini is the General Manager at Chedid Re UAE.
Prior to that, Wadih was Manager at the Casualty Department at Chedid Re Lebanon.
Wadih holds a Masters in Law and an MBA from Ecole Supérieure des Affaires.
Matthew HorlockChief Executive Officer Chedid Re UK Branch
Matthew enjoys over 30 years of experience in the Insurance Industry and extensive knowledge of placement management, product research and development together with an expertise in customer, client and market relationships.
Prior joining Chedid Re, Matthew served as a Director of THB North America for 13 years, leading the business through the merger of several specialty wholesales for clients in the United States and Middle East regions. Matthew started his career with Lloyd’s Underwriters Non-Marine Claims Office before moving to Pearson Webb & Springbett.
Shukri Abou JaoudeDirector
A reinsurance professional with over 16 years of experience in the Insurance and Reinsurance industry in the region.
Shukri joined Chedid Re in 2019 and he is currently the Director for the Treaty Division – Medical & Life Department, handling the overall operations of the Treaty Medical & Life department and managing a portfolio of USD 55,000,000 in premiums.
Prior to joining Chedid Re, Shukri was the General Manager of Nasco Reinsurance Brokers. He also worked at ARIG, Globemed and Mednet.
Shukri holds a Bachelor’s Degree in Banking and Finance from Notre Dame University. He achieved the Fellow, Life Management Institute from the LOMA institute in USA.
Lazhar CharfeddineGeneral Manager of
Chedid RE North and West Africa
Lazhar is a seasoned professional with over 30 years of experience in the insurance industry.
Prior to joining Chedid Re, Lazhar was the Executive Vice President Claims, Reinsurance and Engineering services of Abu-Dhabi National Insurance Company (ADNIC) since 2008. Previously, he worked in various executive positions in the insurance industry, namely as a Regional Director and Head of Casablanca Office of African Reinsurance Corporation, Reinsurance Manager of CINA Assurances and Head of Marine and Aviation Department at Tunis Re.
Lazhar holds a Master in Insurance from Institut de Financement du Développement du Maghreb, Tunis and a Bachelor in Economics and Management from Faculté de Sciences Économiques et de Gestion de Tunis.
A reinsurance professional with over 10 years of experience in the Insurance and Reinsurance industry in the region.
Elia joined Chedid Re in 2011 and he is currently the Director of Treaty Division- P&C department, handling the overall operations of the Treaty P&C department and managing a and managing a portfolio of USD 150,000,000 in premiums.
Elia holds a Bachelor’s Degree in Actuarial Sciences from Notre Dame University and is currently completing a Masters in Actuarial Sciences. He is a Certified Actuarial Analyst completing his final exam towards the Associateship of the Society of Actuaries.