Former Deputy CEO Pledges Continuity and Consistent Growth; Mahmoud Nodjoumi Continues As Chairman
DUBAI, United Arab Emirates: Tarun Khanna was today confirmed as CEO of Nexus Group, the GCC's largest and most respected independent insurance brokers.
Khanna assumes the role after having served as Deputy CEO since 2010. Outgoing CEO and company founder Mahmoud Nodjoumi will stay on as Chairman, focusing on geographic expansion and providing high-level support.
“I am delighted to announce Tarun's promotion to Nexus Group CEO,” said Nodjoumi.
“He has already marked himself out as an extremely capable leader, and has played an instrumental role in the company's many successes over the past few years. I am hugely confident that he will continue to steer the company with both drive and vision as we strive to reach new heights.”
Khanna, who joined Nexus Group in 2007, has spent over two decades in the financial services industry. His experience includes high-profile stints at Merrill Lynch's investment banking division in New York, Morgan Stanley, Lazard Asset Management, Wellington Management and Copper Arch Capital, a New York-based hedge fund.
“I am honoured to take on the role of Nexus Group CEO,” said Khanna.
“The company's reputation as a dedicated and professional organisation is second to none, and we have an enviable foundation for the future. I will continue to work closely with Mahmoud moving forward, not only to ensure continuity but also to give us the best possible opportunity for growth and expansion across the region.”
Nexus Group's success in the region is based on a long history of exemplary customer service and a commitment to maintaining the highest level of professional standards.
The company has an ambitious growth plan, and recently ramped up its presence in Abu Dhabi, Bahrain and Kuwait.