Board of directors
Starting with the launch of Chedid Re in 1998, Farid Chedid embarked on a two-decade journey building a leading insurance and reinsurance group across Europe, the Middle East, Africa and South Asia. Chedid Re is recognized among the top-20 reinsurance brokers worldwide and registered as a Lloyd’s broker.
Today, Chedid Capital Holding includes Chedid Re, Chedid Insurance Brokers, and Chedid Corporate Solutions. In 2009, the Group established Seib Insurance Company, as a Qatar-focused company dealing with corporate and complex risks. In 2015, Chedid Capital acquired a major stake in City Brokers, the leading insurance provider in Mauritius and East Africa. The same year, the group acquired Al Manarah Insurance Services, one of the leading insurance provider, in the UAE. In 2020, the Group launched the Corporate Risk Management Institute (CRMI), an institute for risk management and corporate governance.
In 2021, Chedid Capital acquired majority shares in Groupe Ascoma, the largest independent Insurance broking network in the French speaking African countries with Head Offices in Monaco and International operations offices in Paris.
In 2016, Global Re and Strategic Risk consortium elected Farid Chedid as “The Middle East and Africa Industry Achiever of the year”. In 2017, 2018 and 2019, he was selected among the 100 Arab Achievers by Arabian Business publication and among the 35 Most Influential Lebanese Businessmen by Forbes Middle East 2018. In 2020 he was elected by Global Re “Life Time Achiever of the year”.
In addition to his many company board memberships, Farid Chedid is active in support of many non-profit organizations, serving as a member of the Board of Trustees at Notre Dame University, Lebanon; a member of Human Rights Watch, Beirut Committee; a UNDP Goodwill Ambassador and a Fellow of the Middle East Leadership Initiative (MELI), member of The Aspen Global Leadership Network (AGLN).
Farid Chedid is a Fellow of the Chartered Insurance Institute of the UK, he holds a Master’s in Risk Management from NYU Stern School of Business; a Master’s in Finance from ESA/ESCP Europe; a Master’s in Management from Universite Paris IX Dauphine, and a Postgraduate Diploma in Maritime Law from London Metropolitan University.
A former Senior Vice President of Booz Allen Hamilton, Charles El-Hage has over 30 years of worldwide management and consulting experience, covering a wide variety of industries and functional areas. He established the Booz Allen business in the Middle East in 1993 and led it until retiring from consulting in 2009.
During this period, Charles has worked on a broad spectrum of industries including Banking, Insurance, Automotive, Health Care, Telecoms, Petroleum, Chemicals, Information Technology, and Construction. In addition, he has assisted a number of Middle Eastern governments on national policy and governance matters.
Charles is currently a director on the boards of Middle Eastern companies and non-profit organizations. These include Chedid Capital Holding, Group One, Quantum Group, Chalhoub Group, MAN Group, Libanpost and Lebanon Renaissance Foundation.
Charles also currently advises SME Private Equity funds and is actively involved in companies in the Agribusiness, Hospitality and Rural Development areas.
He holds a master’s degree in Industrial Engineering and a Bachelor of Science in Industrial Management from Purdue University. He is a graduate of the INSEAD Young Managers Program.
With over 50 years of experience in the insurance industry in Lebanon and the Middle East, Sami Chedid is the Founder and Managing Director of La Nationale SAL, a leading life and non-life insurance broker.
He is one of the founders of Chedid Re and is a member of the strategic committee of Chedid Insurance Brokers Network.
He holds a Law degree from La Sagesse University in Lebanon.
Before joining Rashed Al Rashed Group of companies as Executive Manager, Abbas Al-Brahim was a banker for Saudi French Bank for 25 years.
He is a board member for several companies representing the Al Rashed group for more than 20 years. He is Chairman of Chedid Re KSA and Chedid Insurance Brokers KSA, Saudi Vetonite SAVETO S.A., Managing Director of DARMCO Ltd and a board member at several Listed and non-Listed Companies on the Saudi stock market.
He holds a bachelor’s degree in General Accounting and an MBA from Columbia University.
Ziyad Baroud is the former Minister of Interior and Municipalities (MoIM) of the Republic of Lebanon, serving in two consecutive cabinets, from July 2008 until June 2011. Under his leadership, the MoIM was awarded the 2010 United Nations Public Service Award First Prize. In 2010, he received in Washington DC the International Foundation for Electoral Systems (IFES) 2010 Manatt Democracy Award as a tribute to his commitment to freedom and democracy. In September 2014, he was awarded Commendatore Della Stella d’Italia by the Italian President. In April 2014, he was awarded Grand Officier de l’Ordre du Cèdre by the Lebanese President. In July 2011, he was awarded Commandeur de Numéro de l’Ordre Civil du Mérite by the King of Spain. In October 2010, he was awarded Officier de la Légion d'Honneur by the French President after he was awarded, in 2009, Grand Officier de L’Ordre National du Mérite de la République Française. In 2007, he was named Young Global Leader by the World Economic Forum.
Prior to his appointment as Minister, he held a number of positions among which was Member of the Lebanese National Commission on Electoral Law (2005-2006). In 2004, he was elected Secretary General of the Lebanese Association for Democratic Elections to lead a group of more than 1300 domestic electoral observers. He has also served as a board member for the Lebanese chapter of Transparency International since 2006. Additionally, he is Chairperson of the Board of Trustees of Notre Dame University.
A court lawyer by practice and Managing Partner at HBD-T Law Firm, he held a number of academic posts as lecturer in prestigious universities in Lebanon. He currently lectures at the Faculty of Law and Political Science at Université Saint Joseph. He is a published author on subjects related to local governance, decentralization, human rights, and other political and constitutional issues. He also worked as a consultant to various UN Agencies in Lebanon.
A graduate of College Saint Joseph-Antoura, he acquired his master’s degree in Law from Saint Joseph University of Beirut in 1992 and pursued his doctoral studies in Paris.
Romen Mathieu is the Co-Founder and Managing Partner of
the EuroMena Funds, covering the Middle East and Africa and regulated under the AIFM directive (EU) in Malta.
He is also a board member of the International Chamber of Commerce Lebanon and an active member of eminent organizations supporting SMEs, entrepreneurship programs and corporate governance initiatives across the region.
Armed with more than 25 years of experience in corporate transactions and family-owned businesses covering Europe, the Middle East and Africa, he also chairs and/or sits on the board of several companies in a diverse range of sectors and countries.
He was a Partner of Ernst & Young Corporate Finance and M&A in France. Prior to that, he worked with Lazard Frères in M&A. He kick-started his career with Arthur Andersen, in its corporate restructuring and finance division in France.
Among the multitude of functions he holds today, Romen is the Chairman of Khoury Home SAL (the leading household retailer in Lebanon), Chairman of ITWorx Ltd (the largest software development and IT services company in the Middle East), and the Vice-Chairman of Al Oyoun Al Dawli Hospital (the largest eye care hospital in Egypt).
Furthermore, he is an independent board member of Chedid Capital Holding SAL (ChedidRe, one of its subsidiaries, is listed among one of the top 20 reinsurance brokers in the world), a board member of First National Bank SAL (one of the top 10 banks in Lebanon), and a board member of Sakson Holding SAL (one of the top oil drilling companies covering the Middle East and Africa).
He holds two graduate degrees in Finance (DESS and Magistère) and a master’s degree in Management from the Sorbonne University.
Aldo Cardoso is a Management Consultant, specialized in financial and management consulting.
He is the Chairman of the Board of Bureau Veritas, Imerys, Worldline, DWS (Francfort) and Ontex (Brussels), and was previously a board member for Engie, Accor, Orange, Rhodia, Gecina, GE Corporate Finance Bank, AXA Investment Manager and Mobistar in Belgium.
He is a Senior Advisor at CVC Capital Partner Management in London, as well as Senior Advisor at EuroMena Funds in Beirut. He has been the Chairman of the Scientific Committee of Vigeo, the social and environmental rating agency for 10 years (2011-2021). He was non-executive Chairman of Andersen Worldwide from 2000 to 2003, President of Andersen for the western European region from 1998 to 2002, and President of Andersen France from 1993 to 2002.
From 2007 to 2008, he was a member of the Lehman Brothers European strategic advisory committee and a Senior Advisor at 3i in 2006, a Senior Advisor at Deutsche Bank (2012-2015), a member of the Trilantic Capital Partners Advisory Committee. He was also a member of the strategic committee of Marsh France (2007-2015).
He taught Corporate Governance at Institut des Sciences Politiques Paris in 2003 and received his MBA in 1979 at ESCP (French Superior Commerce School) and a master’s degree in Law from University of Sorbonne in 1980.
With substantial experience in the financial services sector, Mahomed Akoob brings unique insights in general risk and financial management.
Prior to joining the board of Chedid Capital, he was the Managing Director of Bahrain-based Hannover Retakaful B.S.C., a position he steered since 2006. Before this, he was the Group Chief Financial Officer and Executive Director of Hannover Reinsurance Group Africa (PTY), from 2002 to 2006. He served as the General Manager and Executive Director of Munich Reinsurance Company of Africa Limited between 1976 and 2002, assuming responsibility of various divisions namely Non-Life South Africa, Non-Life International, Finance, Investments and Strategy, and Business Development.
His technical skills encompass strategy-level influence in areas of insurance and reinsurance underwriting, takaful and retakaful. He is an Associate of the Insurance Institute of South Africa and a Fellow of the Institute of Risk Managers of South Africa. Furthermore, he is the Director and Chairman of the Board of Credit Guarantee Insurance Corporation.
Earlier in his journey, he served the directorships of South African Reserve Bank, Captive Insurance Company Limited, Hannover Reinsurance Group Africa (PTY) Limited, Compass Insurance Company Limited, New National Assurance Company Limited, Munich Reinsurance Company of Africa, Munich Mauritius Reinsurance Company, Hannover Reinsurance Company Mauritius, Takaful South Africa, Bahrain Insurance Association, Bahrain Institute of Banking and Finance, Dar Al Takaful and Noor Takaful.
He has held numerous professional appointments and memberships, including stints at the Editorial Board of Cover Magazine, a specialist magazine for the insurance industry, and as a ministerial-level advisor.