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The National Health Insurance Company (Daman) has appointed Hamad Al Mehyas as its new CEO.
Al Mehyas led the company following a major reorganisation last year when he was promoted from Chief Commercial Officer – Abu Dhabi to Deputy CEO, Daman said in a statement.
“It was important to select someone who knows Daman well, appreciates the nature of its work, understands its impact on millions of individuals and its value to the economy,” H.E. Tareq Abdulraheem Al Hosani said.
“In this appointment, we reaffirm our commitment towards investing in Emirati talents and increase their presence and contributions in leadership positions across the sector,” he added.
The company was established in 2006 and is headquartered in Abu Dhabi. It provides health insurance solutions to 2.5 million members in the UAE.
ADQ owns 80 percent of Daman’s shares with the remaining 20 percent owned by Munich Re.
(Writing by Gerard Aoun; editing by Seban Scaria)
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