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Lockton Expands into Saudi Arabia, Appoints Mohammad Al Abdul Jabbar as Retail CEO 10.11.2025, 19:30 Uhr von EQS News Jetzt kommentieren: 0

EQS-News: Lockton / Key word(s): Expansion/Personnel
Lockton Expands into Saudi Arabia, Appoints Mohammad Al Abdul Jabbar as Retail CEO

10.11.2025 / 19:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


KANSAS CITY, Mo., Nov. 10, 2025 /PRNewswire/ -- Lockton, the world's largest privately held independent insurance brokerage, has announced the firm's expansion into the Kingdom of Saudi Arabia, further strengthening its presence across the Middle East. This move is part of Lockton's broader international strategy to ensure proximity to clients and deliver tailored insurance solutions in high-growth markets. 

Mohammad Al Abdul Jabbar

Across its global footprint, Lockton has strategically expanded operations to meet the evolving needs of clients in key regions. The Middle East is a cornerstone of this strategy, with the firm continuing to invest in local leadership, capabilities, and technology to support businesses navigating evolving risk environments. 

The decision to enter Saudi Arabia reflects the Kingdom's growing role as a regional economic powerhouse. With increasing demand for insurance and risk advisory services across industries such as construction, energy, healthcare, and financial services, Lockton's presence will offer clients enhanced access to global expertise, delivered through a local lens. 

Lockton's Saudi Arabia retail operation launches with a team of 20 specialists and insurance and risk advisors, ensuring clients will benefit from both global best practices and local market understanding. 

As part of this expansion, Mohammad Al Abdul Jabbar has been appointed as CEO for Lockton's retail operations in Saudi Arabia. A seasoned insurance executive, Al Abdul Jabbar brings more than two decades of experience across both insurance broking and underwriting, having held senior leadership roles at leading insurance brokers as well as local insurers. His career spans the full spectrum of the insurance value chain, from underwriting commercial lines and Takaful, to leading regional business development and managing complex insurance and risk portfolios for multinational clients. Al Abdul Jabbar also serves as vice chairman of the executive committee of the General Committee of Insurance & Reinsurance Brokers in Saudi Arabia, reflecting his deep industry involvement and commitment to advancing the sector. 

"Saudi Arabia is a critical market for Lockton and our expansion here reflects our long-term commitment to the region and our clients," said Faris Khatib, CEO of Lockton Middle East and North Africa. "Mohammad's appointment brings a strong combination of broking and underwriting expertise, deep market knowledge and a client-first mindset. His leadership will be instrumental in building our operations and delivering value to clients across the Kingdom." 

"Lockton's growth is driven by our belief in being where our clients need us most," said Chris Brown, CEO of Lockton International. "Expanding into Saudi Arabia allows us to support businesses in one of the world's most dynamic economies. We are thrilled to welcome Mohammad to our leadership team; his experience and entrepreneurial spirit align perfectly with Lockton's culture and our ambition to be the most client-focused insurance broker globally." 

About Lockton 

Lockton's private ownership empowers its 13,100+ Associates doing business in more than 155+ countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com.

(from right): Mohammad Al Abdul Jabbar, CEO of Lockton Saudi Arabia; Khalid Al Deghaither, Vice President of Compliance; Naji A Tamimi, CEO of the Insurance Authority; Faris Khatib, CEO of Lockton Middle East and North Africa; Ata Khatib, Chairman of Lockton Middle East and North Africa; and two representatives of the Insurance Authority.

 

Lockton logo

Photo - https://mma.prnewswire.com/media/2818751/Lockton_Mohammad_Al_Abdul_Jabbar.jpg
Photo - https://mma.prnewswire.com/media/2818752/Lockton_Saudi_Arabia_Stage_Photo.jpg
Logo - https://mma.prnewswire.com/media/2342384/Lockton_70_mm_Black_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/lockton-expands-into-saudi-arabia-appoints-mohammad-al-abdul-jabbar-as-retail-ceo-302610494.html

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10.11.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


2227284  10.11.2025 CET/CEST

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Dis­clai­mer: Die hier an­ge­bo­te­nen Bei­trä­ge die­nen aus­schließ­lich der In­for­ma­t­ion und stel­len kei­ne Kauf- bzw. Ver­kaufs­em­pfeh­lung­en dar. Sie sind we­der ex­pli­zit noch im­pli­zit als Zu­sich­er­ung ei­ner be­stim­mt­en Kurs­ent­wick­lung der ge­nan­nt­en Fi­nanz­in­stru­men­te oder als Handl­ungs­auf­for­der­ung zu ver­steh­en. Der Er­werb von Wert­pa­pier­en birgt Ri­si­ken, die zum To­tal­ver­lust des ein­ge­setz­ten Ka­pi­tals füh­ren kön­nen. Die In­for­ma­tion­en er­setz­en kei­ne, auf die in­di­vi­du­el­len Be­dür­fnis­se aus­ge­rich­te­te, fach­kun­di­ge An­la­ge­be­ra­tung. Ei­ne Haf­tung oder Ga­ran­tie für die Ak­tu­ali­tät, Rich­tig­keit, An­ge­mes­sen­heit und Vol­lständ­ig­keit der zur Ver­fü­gung ge­stel­lt­en In­for­ma­tion­en so­wie für Ver­mö­gens­schä­den wird we­der aus­drück­lich noch stil­lschwei­gend über­nom­men. Die Mar­kets In­side Me­dia GmbH hat auf die ver­öf­fent­lich­ten In­hal­te kei­ner­lei Ein­fluss und vor Ver­öf­fent­lich­ung der Bei­trä­ge kei­ne Ken­nt­nis über In­halt und Ge­gen­stand die­ser. Die Ver­öf­fent­lich­ung der na­ment­lich ge­kenn­zeich­net­en Bei­trä­ge er­folgt ei­gen­ver­ant­wort­lich durch Au­tor­en wie z.B. Gast­kom­men­ta­tor­en, Nach­richt­en­ag­en­tur­en, Un­ter­neh­men. In­fol­ge­des­sen kön­nen die In­hal­te der Bei­trä­ge auch nicht von An­la­ge­in­te­res­sen der Mar­kets In­side Me­dia GmbH und/oder sei­nen Mit­ar­bei­tern oder Or­ga­nen be­stim­mt sein. Die Gast­kom­men­ta­tor­en, Nach­rich­ten­ag­en­tur­en, Un­ter­neh­men ge­hör­en nicht der Re­dak­tion der Mar­kets In­side Me­dia GmbH an. Ihre Mei­nung­en spie­geln nicht not­wen­di­ger­wei­se die Mei­nung­en und Auf­fas­sung­en der Mar­kets In­side Me­dia GmbH und de­ren Mit­ar­bei­ter wie­der. Aus­führ­lich­er Dis­clai­mer