Zurich International Life has named Carlos Sabugueiro as chief executive of its Middle East and Africa operations. The firm has created the new position as it looks to extend its coverage of these markets.
Sabugueiro is currently regional director for ZIL in the Far East, where he has worked for the past seven years.
ZIL said the creation of the new role underlines its commitment to the Middle East and African markets, which it sees as significant to the group’s future growth.
Sabugueiro said: “I am delighted to take up this brand new position at such an exciting stage of ZIL’s development in the region. In line with our strategy to deliver sustainable and profitable growth, I am confident we can continue to evolve as a business and meet the changing needs of the growing expatriate and local customer base in this region.”
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