Investor Relations

Tal Nazer

Board Member (Executive)

Nader Ashoor

Board Member (Executive), and Chief Financial Officer (CFO)

Mr. Nader Ashoor was appointed as Executive Board Member, effective 30/06/20, having joined Bupa Arabia in November 2016, as Chief Financial Officer.

Prior to joining Bupa Arabia Nader spent over 14 years with Saudi Aramco, where he had taken on various professional, supervisory and leadership roles, including the role of Director, IPO Design, and then Director, Finance readiness-IPO. In addition to his regular duties, Nader also served as Investment Committee Member of the Saudi Aramco Entrepreneurship Ventures Company.

Since 2018 Nader has been an independent Board member, and member of the Audit Committee, of Saudi Steel Pipes (SSP), a Saudi publicly listed company and leading manufacturer of pipes in the MENA region.

Nader holds an MBA degree with distinction in leadership from IMD International in Lausanne, Switzerland, as well as a Bachelor’s degree in Accounting (first class honors) from KFUPM. He also holds the CMA and CIA certifications and has successfully completed the rigorous CPA examination requirements.

Nader has also received multiple coveted awards, including the Prince Mohammad bin Fahd Academic Excellence Award, the IMA’s Distinguished Performance Award and the IIA’s William S. Smith Certificate of Honor Award.

Ali Sheneamer

Chief Business Development Officer, CET

Mr. Ali Mohammed Sheneamer has over 20 years’ collective experience in marketing, sales and general management of which 5 years in Saudi health insurance, having joined in 2013 as Chief Commercial Officer. Ali has served, before joining Bupa Arabia, as the Deputy Governor and Chief Operating Officer of SAGIA for five years. Prior to this Ali was employed as group marketing head at the National Commercial Bank for two years and in various marketing assignments at Procter & Gamble for eight years. Ali currently serves as a board member of Baazeem Trading Company (a publicly traded Saudi company) and Ahmed Mohamed Saleh Baeshen & Co. (a closed joint stock Saudi company) and he is a member of the SAMA health insurance sub-committee. Ali holds a Bachelor’s degree in science (computer engineering) from King Abdulaziz University, Saudi Arabia.

Tariq Alamoudi

Chief Human Resources Officer (CHRO)

Prior to joining Bupa Arabia, Tariq handled a wide range of leading roles in the Human Resources Department on global and regional levels at Procter & Gamble. He led P&G in Saudi Arabia as the country’s HR leader and spearheaded an overseas assignment at the company’s headquarters in Switzerland. 

Atef Mufti

Chief of Sales

Atef began his career with Saudi British Bank (SABB) in 1995 and spent more than 12 years working in the banking industry. During his tenure, he held senior management roles in branch network, sales and customer services, which led him to assume Executive roles as the Deputy General Manager, Personal Financial Services overlooking all sales function (branch, direct sales, financial planning and Takaful sales) in KSA. He spent a couple of years as the Managing Director for Saudi Distribution Company (part of Saudi Research & Marketing Group) followed by two years as the Western Region General Manager for Bank Al Bilad. Prior to joining Bupa Arabia, Atef was the Chief Commercial Officer and a member of the Board of Directors of Panda Retail Co. for six years. In this important position, he overlooked all the commercial buying and supply chain of Panda business in KSA, UAE & Egypt.

Mohamed El Missaoui

Chief Operations Officer (COO)

Mr. Mohamed El Missaoui joined Bupa Arabia in 2011 as the Director – Total Quality Management and spearheaded the design and the implementation of the Bupa Arabia Service Excellence Framework, leading the implementation of a number of innovations in the Operations and Healthcare services areas. Since 2013, as Director of Operations, Mohamed was in charge of the service operations areas related to customer service, mega accounts, membership fulfilment and quality, and during 2018 was promoted to the role of Chief Operating Officer.   

Prior to joining Bupa Arabia, Mohamed was with Unilever MENA and led a variety of different MENA assignments related to the Supply Chain, ranging from Distribution, Logistics, and Customer service, to industrial engineering and quality. Mohamed has a collective more than 18 years’ experience in the insurance, banking and FMCG sectors and prior to Unilever worked for two major North African banks.

Mohamed holds electro-mechanical engineering and MBA Finance degrees.

Amro Shawli

Chief Risk Officer (CRO)

Eng. Loay Hisham Nazer

Chairman

Eng. Loay Hisham Nazer is the founder and Chairman of the Nazer Group of Companies. Eng. Loay started and continues to operate several companies in a variety of businesses including, health insurance, hospital procurement solutions, Dialysis Clinics, public relations, and asset management. He is also the Chairman of Bupa Arabia and Board member, since its incorporation in 2008, a publicly listed company on the Saudi stock exchange that specializes in health insurance, and which is the leading Saudi insurance company.

Eng. Loay has a B.S. in Mechanical Engineering from the University of California in Los Angeles (UCLA, 1987) and received his master’s degree in Business Administration (MBA) from the Anderson Graduate School of Management at UCLA (1989). In June 2005, Eng. Loay was awarded an Honorary Doctorate of Humane Letters from Goodwin College in Connecticut, USA.

In 2018, Eng. Loay was invited to join the Board of the Al-Ittihad Football Club and was appointed as the Chairman of its Board, from November 2018 until June 2019.

Eng. Loay is Chairman of the Makkah Cluster since 2016, which includes all the medical facilities in the city of Makkah that belong to the Ministry of Health and is one of the five medical clusters in the Kingdom of Saudi Arabia.

He was also appointed by the Public Investment Fund as a Board Member at the National Unified Procurement Company for Medical Supplies "NUPCO" from 2016 until the end of 2018.

In 2013, Eng. Loay was invited to join the Board of Visitors of the UCLA Anderson School of Management. Eng. Loay was elected to serve as the Chairman of the International Board of Directors for the year 2006-2007 of the Young Presidents’ Organization, a global non-profit organization of over 16,000 Chairmen and CEOs under the age of 50. He has made lasting impressions on the international organization with such profound contributions as "YPO Making a Difference."

Eng. Loay also previously served two terms as a Board member of the Council for Cooperative Health Insurance (CCHI), the official regulatory body for health insurance in Saudi Arabia, having been appointed by the Saudi Council of Ministers, representing the private sector, and he was the leading negotiator with the various governmental institutions for the development of the insurance industry in the country.

Eng. Loay was nominated and selected by the World Economic Forum as a member of the Young Global Leaders (YGL), “a community of extraordinary leaders under the age of 40.” In 2010, he became a member of the first class of the Aspen Institute Leadership Fellows in the Middle East and was selected as one of UCLA Anderson’s Business School “100 Inspirational Alumni” in the 75 year’s history of the school.

Eng. Loay has three children: Lana (1990), Hisham (1992) and Tan (1997). He enjoys golf, running, biking, basketball, soccer, and many other sports.

Mr. David Martin Fletcher

Vice-Chairman (Non-Executive) Representing the foreign shareholder: Bupa Investments Overseas Limited

Mr. David Fletcher joined the Bupa Arabia Board of Directors on 8 September 2014, is the Vice-Chairman, and was re-appointed for the new term which commenced 1 July 2019.

Mr. Fletcher is currently the Bupa Group Chief Risk Officer (since January 2017), and member of its Executive Team, after being the Managing Director of Bupa International Development Markets (IDM), is a UK citizen based in London, and in 1985 completed a BA Honours in Modern History from the University of Durham, in the United Kingdom (UK).

David joined Bupa, the international healthcare group, as Chief Internal Auditor in March 2014 and was Managing Director of Bupa IDM since September 2014. In this role he was responsible for existing Bupa businesses in Poland, India, China, Thailand and Hong Kong, and for expansion into new domestic markets, as well as for Saudi Arabia through being on the Board of Bupa Arabia.

David has extensive international experience in banking, having held various senior positions in Nigeria, China, Hong Kong, Singapore, Bangladesh, Indonesia, and London with Standard Chartered and Citibank.

Mr. Osamah Shaker

Independent Board Member

An Independent Investment Committee Chairman since July 2019, and has been appointed as an independent Board member since July 2022

Mr. Osamah Shaker is CEO of GIB Capital, a Company wholly owned by GIP bank and based in Riyadh

Prior to joining GIB Capital, Mr. Shaker led the charge of banking control at the Saudi Central Bank (SAMA), overseeing and regulating all the commercial banks operating within Saudi Arabia. What’s more, he possesses an excess of 16 years of banking and investment related experience in the Kingdom, having held multiple leadership positions at both the Saudi British Bank and HSBC Saudi Arabia.

Additionally, Mr. Shaker has roughly 7 years working experience with the Institute of Public Administration (IPA) where he served as both an educator and statistical consultant. During his time at IPA, he also held the position of Head of the Department of Statistics.

Ms. Huda M. Bin Ghoson

(Board Member - Independent)

Bupa Arabia Independent Board Member, since 01/07/2019, and Nomination & Remuneration Committee Chair, since 12/02/2020.

Ms. Huda Al-Ghoson was the Executive Director of Human Resources at Saudi Aramco and was the first woman to be named a permanent executive director in the company’s history.

As the head of Human Resources (HR) she was responsible for all the Human Resource Management/Development programs in the company, including all HR and labour relations to more than 66,000 employees of 80 different nationalities.

Ms. Al-Ghoson holds an MBA from the American University of Washington, D.C., USA and a BA in English Literature from the King Saud University in Riyadh.

Huda has been on Forbes’ list of the most powerful Arab women and received the 2014 Arab Women Awards for Business Woman of the Year in Saudi Arabia. She was also selected as the 2015 Business Woman of the Year at the Arabian Business Achievement Awards, and honored with the 2016 Women in Leadership Award from the Bilateral US-Arab Chamber of Commerce.

In 2017, she received the 17th Middle East Women Leaders Excellence Award, and the 2017 Gold Award for Excellence by the Arab’s Women Council for Social Responsibility.

Huda is currently a member of the Board of the General Organization for Social Insurance

(GOSI), Credit Suisse Saudi Arabia Bank, Institute of Public Administration, a member of the Saudi Telecommunications Company (STC) Nomination & Remuneration Committee. Huda is the Chairwoman of the Board of Trustees of the Arabian Society of Human Resources Management (ASHRM).

Dr. Abdulla Elyas

Independent Board Member

Dr. Abdulla Elyas was appointed as independent Board member of Bupa Arabia, since 1 July 2019, and was subsequently also appointed as a member of its Audit Committee (AC) since 1 July 2022, and was subsequently also appointed as a member of its Risk Management Committee (RMC).

Dr. Abdulla Elyas is a co-founder of Careem, the technology company purchased by Uber in 2019, and current member of its executive leadership. Prior to joining Careem, Abdulla co-founded enwani, a cloud-based tech start-up in Saudi Arabia focused on the home delivery industry that was acquired by Careem in 2014.

He is passionate about building entrepreneurial ecosystems in the Middle East, focused on fast scaling businesses that leave significant impacts on society. And by providing further visibility to entrepreneurship in the region, developing talent and future entrepreneurs.

Dr. Abdulla serves as a board member, on a number of public and private companies, and has previously led management consulting engagements in Europe, the US, South East Asia and the Middle East.

Dr. Abdulla Elyas is a Saudi born and raised in Germany and graduated with an MSc in Computer Science and holds a PhD in Business Administration honoured with a Magna Cum Laude from RWTH Aachen.

Martin Houston

(Non-Executive Member) - Representing the foreign Shareholder: (Bupa Investments Overseas Limited (BIOL))

Mr. Martin Houston was appointed as Bupa Arabia Board member, effective 1 October 2018, is based in the USA, and served as a non-executive director on the main Board of Bupa, the international health insurance and provision group based in London, UK, from January 2014 until 31 December 2019, and which is the ultimate owner of the Bupa Arabia major shareholder BIOL.

Mr. Houston was appointed as Chairman of the Board of the EnQuest Group, effective 1 October 2019. EnQuest is an independent production and development company with operations in the UK North Sea and Malaysia. EnQuest PLC trades on the London Stock Exchange and the NASDAQ OMX Stockholm.

Mr. Houston is also the Vice-Chairman of Tellurian Incorporated, a Senior Advisor to Hakluyt and the Chairman of Moelis and Company’s Global Energy Group. He is also a non-executive director of CC Energy, a private exploration and production company.

Martin was previously employed by the BG Group plc and its predecessor companies, retiring after 32 years, in February 2014 as its Chief Operating Officer and a member of its Board. Between 2015 and 2018 Martin was the chairman of TPH International, a boutique investment bank based in Houston, Texas, USA.

Mr. Martin Houston has a Bachelor's degree in Geology, from the Newcastle University, England, UK, completed during 1979, and a Master's in Petroleum Geology, from the Imperial College London, England, UK, completed during 1983.

Mr. Nigel Sullivan

(Non-Executive Member) – Representing the foreign shareholder: (Bupa Investments Overseas Limited (BIOL))

Bupa Arabia Board member since 2021. Currently, Bupa Group Chief Sustainability and People Officer. He is a member of Bupa’s Chief Executive Committee.

Mr. Sullivan has extensive international experience in Human Resources having started his career at the Rover Group and has held senior HR positions at Nortel Networks, Marconi and Wincanton PLC where he was Group HRD.

Mr. Sullivan holds a Bachelor of Science degree in Environmental Science from the University of Bradford, England (completed in 1989), and a Post-Graduate Diploma in Personnel Management from the Chartered Institute of Personnel and Development, England (completed in 1991)

Mr. Tal Hisham Nazer

Board Member (Executive), and Chief Executive Officer (CEO)

Mr. Tal Hisham Nazer has been a Board Member and the Chief Executive Officer of Bupa Arabia since 2008. Leading this top and fast-growing specialized health care company to higher standards, his relationship circle has widened and strengthened in the insurance market in Saudi Arabia with regulators, healthcare providers and the insured.

Mr Tal Nazer is a Board and Committee member for various companies. He is the Chairman of Najm for Insurance Services Company and Vice Chairman of the Nazer Group, he joined the CEC of Bupa Group in an advisory capacity, and a member of SAMA’s Insurance Executive Committee. He is also a Board member of the Financial Academy and a member of Endeavor Saudi Arabia Board of Directors. Mr. Nazer is also a member of CCHI’s Private Health Insurance Strategic Committee, a member of the Young Presidents Organization (YPO) and a member of Young Global Leaders (YGL).

Mr. Tal Nazer holds an MBA from The Wharton School, Pennsylvania, USA (in Finance and Buyouts, completed in 2001) and a BA in Economics from the University of California at Los Angeles (completed in 1996).

Mr. Nader Ashoor

Board Member (Executive), Deputy CEO, and Chief Financial Officer (CFO)

Mr. Nader Ashoor was appointed as Executive Board Member, effective 30/06/20, having joined Bupa Arabia in November 2016, as Chief Financial Officer.

Prior to joining Bupa Arabia Nader spent over 14 years with Saudi Aramco, where he had taken on various professional, supervisory and leadership roles, including the role of Director, IPO Design, and then Director, Finance readiness-IPO. In addition to his regular duties, Nader also served as Investment Committee Member of the Saudi Aramco Entrepreneurship Ventures Company.

Since 2018 Nader has been an independent Board member, and member of the Audit Committee, of Saudi Steel Pipes (SSP), a Saudi publicly listed company and leading manufacturer of pipes in the MENA region.

Nader holds an MBA degree with distinction in leadership from IMD International in Lausanne, Switzerland, as well as a Bachelor’s degree in Accounting (first class honors) from KFUPM. He also holds the CMA and CIA certifications and has successfully completed the rigorous CPA examination requirements.

Nader has also received multiple coveted awards, including the Prince Mohammad bin Fahd Academic Excellence Award, the IMA’s Distinguished Performance Award and the IIA’s William S. Smith Certificate of Honor Award.