The board of Saudi Arabia’s Insurance Authority has appointed Abdulaziz bin Ibrahim Alnowaiser as chief executive, succeeding Naji Al Faisal Al Tamimi effective Nov. 1, 2026. Alnowaiser has more than 25 years of executive leadership and board experience, including 15 years at insurer Tawuniya. He chaired Tawuniya’s board and executive committee from 2020 until joining the authority. His insurance experience also includes chairing the board and executive committee of United Insurance Company in Bahrain. Previous executive roles include chief executive of Emaar the Economic City, the main developer of King Abdullah Economic City, and Tahakom Investment Company, a subsidiary of the Public Investment Fund.