Dubai, United Arab Emirates, June 2024 – Ravi Iyer has joined Dubai National Insurance (DNI) as the new Chief Financial Officer. Bringing a wealth of experience in financial management and strategic planning, Ravi will be instrumental in steering the company’s financial operations and contributing to its continued success.
Ravi Iyer brings a robust background in finance, having previously served as the Chief Financial Officer at Insurance House UAE from November 2022 to August 2023. During his tenure, he successfully managed financial operations and contributed to the company’s strategic growth. Prior to that, he held various leadership roles at National Life & General Insurance Company SAOG, Oman. As the Head of Strategy, Mergers, and Acquisitions from January 2022 to October 2022, Ravi played a pivotal role in increasing sales and profits, developing business strategies, and leading successful acquisitions and IPOs. As the Chief Financial Officer from January 2018 to January 2022, he delivered consistent above-benchmark investment returns and ensured IFRS compliance. From January 2014 to January 2018, he served as the Financial Controller, standardizing policies and processes, and reducing credit controls.
Ravi’s earlier experience includes his role as Senior Manager Finance and Company Secretary at Prudential plc from January 2005 to January 2014, where he pioneered business partnering concepts, introduced zero-based budgeting, and led significant financial modeling and valuation projects. He also served as Assistant Manager at UCB from February 2003 to January 2005, and as an Accounts Executive at Abbott from April 2001 to January 2003. Ravi began his career as a Management Trainee at Rhone-Poulenc Rorer from June 1998 to April 2001.
About Dubai National Insurance (DNI):
Dubai National Insurance & Reinsurance PSC (DNIR) is a public shareholding company operating in the United Arab Emirates within the guidelines of Federal Law 6 of 2007. DNIR commenced operations on January 1, 1992, with the support and confidence of a large number of national shareholders, including prominent and successful local businessmen. It was one of the first insurance companies to be listed on the Dubai Financial Market (DFM).
DNIR’s conservative underwriting approach has resulted in steady growth in both written premium and net insurance income. The company prides itself on providing reliable and comprehensive insurance solutions, contributing to the stability and growth of the UAE’s insurance sector.
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