Bander Al-Suhaimi has held the role of executive manager of Malath Cooperative Insurance Co. in the Eastern Province since March 2021.
Since April 2007, the company has emerged as a key player in the insurance industry, meeting the demands of the local market with its innovative insurance approach.
Al-Suhaimi has been instrumental in shaping the region’s insurance landscape through strategy formulation and execution, and ensuring alignment with the company’s overarching goals.
His strategies involve comprehensive performance reviews, in-depth analysis of local insurance markets, and customization of policies to suit client needs, all within the ambit of reinsurance agreements.
Al-Suhaimi also contributes to the broader financial sector as a member of the finance committee at Asharqia Chamber and the finance and insurance national committee at the Council of Saudi Chambers. He has held both roles since 2022.
His journey in the insurance sector began at Walaa Cooperative Insurance Co. in 2012. Starting as a commercial manager, he managed production targets, client interactions, and underwriting processes.
In 2015, he was promoted as the company’s regional manager in the Eastern Province, where he undertook strategic relationship management, sales oversight, and regional strategy development, paving the way for his executive position.
His subsequent position was as the head of bancassurance in 2020, which involved establishing the division, managing strategic relationships, and steering growth and marketing efforts.
Before entering the insurance industry, Al-Suhaimi gained substantial experience in banking with Banque Saudi Fransi and Bank Al-Jazira.
Holding a bachelor’s degree of science in organization and management development from King Abdulaziz University, Al-Suhaimi’s academic background solidifies his expertise in strategic leadership and business management.
