Marsh, the world’s leading insurance broker and risk advisor, has appointed Bassel Gazzaz as the Chief Executive Officer (CEO) of Marsh Arabia Insurance Brokers. Gazzaz will lead the strategic direction and operations of Marsh in Saudi Arabia, driving growth and enhancing client service in one of the region’s most dynamic markets.
Gazzaz brings over 20 years of experience in insurance and financial services, with a proven track record of leadership and innovation. Previously, he held senior positions at prominent firms, including Bupa Arabia, where he improved operational efficiency and client outcomes. His deep understanding of the Saudi market makes him well-suited for this role.
Gazzaz succeeds Bassam Al Bader, who has accepted a senior role with the Kingdom of Saudi Arabia’s Insurance Authority. Al Bader joined Marsh in 2013 and advanced the insurance industry’s growth in the Kingdom, providing opportunities for clients, colleagues, and communities.
Renee McGowan, CEO of Marsh McLennan India, Middle East, and Africa, stated, “We are proud to welcome Bassel as the new CEO of Marsh Saudi Arabia. His experience and strategic vision will drive our growth in this key market.” McGowan also thanked Al Bader for building a strong business in Saudi Arabia.
Gazzaz commented, “I am honoured to lead Marsh Saudi Arabia and look forward to working with the talented team to deliver innovative solutions that meet our clients’ evolving needs. Together, we will enhance Marsh’s presence in the market and deliver unparalleled service.”
About Marsh McLennan Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. With annual revenue over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build confidence through the power of perspective.
