Dr. Bassel Hindawi
Chief Executive Officer
DIFC Insurance Association
Dr. Bassel Hindawi is the CEO and Board Member of the DIFC Insurance Association. He is also Chairman of the Board of AlManara Insurance in Jordan. He is a former Jordanian Diplomat and previously served for over a decade as the Director General of the Insurance Commission of Jordan (IC) since its establishment in 1999 until 2010. He led a carefully planned strategy to enhance the efficiency of the insurance sector and modernize the regulatory framework to be prudent, yet business friendly.
Dr. Hindawi previously led the initiative to establish the Arab Forum of Insurance Regulatory Commissions (AFIRC) in late 2006. He chaired AFIRC’s first term (2007-2009), and launched an initiative between AFIRC and Hawkamah Institute for Corporate Governance to develop guidelines on the practical implementation of good corporate governance in the regional insurance markets. In 2010, he co-founded the MENA Insurance CEO Club (MICC) to serve as a “think-tank” to shape and spearhead the future development of the insurance industry in the region.
He served as a member of the Board of the International Insurance Society (IIS) during 2004-2010, represented the MENA region on the Executive Committee of the International Association of Insurance Supervisors (IAIS) during 2002-2010, and was a catalyst for closer cooperation between the IAIS & the Islamic Financial Services Board (IFSB).
In 1997, Dr. Hindawi served as an advisor to the Minister of Industry & Trade on Jordan’s accession to the World Trade Organization. Before returning to Jordan in 1997, he worked at the International Monetary Fund (IMF) in Washington DC (1988-1997) and was a lecturer at the George Washington University during 1987-1990.