ACE Holding has appointed Yolla El Khoury as its new CEO. El Khoury, a Fellow of the UK’s Chartered Insurance Institute, has worked with ACE Holding for a decade and moves into the CEO post after a nine-year tenure as Executive Group Vice President.

With more than two decades of experience in insurance and reinsurance across, the UK, Lebanon and the GCC, El Khoury will drive the implementation of the ACE strategy for revenue growth and geographical expansion.

“Yolla is well known for her excellence at work, strong technical expertise, and a proven track record in growing and leading the ACE business; explained Nagib Bahous, CEO of MIG Holding.

“Success has many definitions. Trust, transparency and delivering quality solutions to our clients is the key driver behind creating lasting partnerships. As far as I’m concerned, ACE is, and will continue to be, that very definition of success;” said El Khoury.