Effective July 01, 2022, Bassem Assi is appointed as CEO of Allianz Lebanon, subject to regulatory approvals. Antoine Issa, CEO of Allianz MENA and Allianz Lebanon, will be leaving the group to pursue new opportunities.
Bassem Assi joined Allianz Lebanon in 2002 where he held several key positions. He has been since 2018 the company’s General Manager. Bassem Assi’s deep understanding of the Lebanese insurance market and his active leadership in various aspects of the organization makes him the natural successor of Antoine Issa with whom he closely worked over the past few years.
After 32 years with the Allianz group, Antoine Issa is stepping down from his role as Allianz MENA and Allianz Lebanon CEO to pursue new opportunities. Antoine Issa joined the Allianz group in 1990 and held several positions in the Middle East region. He was instrumental in the expansion of the group in the region, in particular in Egypt and Saudi Arabia, and successfully built a strong regional framework.
In light of the recent strategic changes announced by Allianz in Africa and the Middle East, Antoine Issa and the group mutually agreed to part ways and allow Antoine Issa to pursue other projects outside Allianz.
Allianz would like to thank Antoine for his contribution and dedication during his time with the group and wish him all the best for his future endeavors.
The group also wishes every success for Bassem in his new responsibilities.