Daman appoints new Chief Financial Officer

Press release
Published August 21st, 2013 - 07:06 GMT
Ms Bayna Al Awani, Chief Financial Officer, Daman
Ms Bayna Al Awani, Chief Financial Officer, Daman

The National Health Insurance Company – Daman’s Board of Directors has confirmed the appointment of Ms Bayna Al Awani to the position of Chief Financial Officer (CFO). 

Ms Al Awani assumes responsibility for Daman’s financial management and control, legal affairs, insurance underwriting and procurement services; reporting directly to CEO Dr Michael Bitzer. 

Daman’s Chairman, Mr Khaled Al Qubaisi said: “Bayna has greatly impressed us during her time with Daman. She has always displayed great integrity and broad vision during her time with us which made her the logical choice to assume this key role within our management team. We are confident that she has the right talent and expertise to take on the role of CFO and will prove a real asset to Daman.” 

He added: “The development of Bayna’s leadership and management competencies over the past four years is a testament to the success of our Emiratisation plan which forms an integral part of our current and future strategy. We will continue to support and integrate the UAE National workforce into the growing field of health insurance.” 

Ms Al Awani joined Daman in 2009 as Director of Finance and has held senior finance positions in the oil and gas industry; bringing with her more than 15 years of experience. 

Ms Al Awani commented: “Working at Daman over the past few years has proven extremely rewarding, I am grateful for the opportunity to be part of such a forward-thinking and innovative company. I would like to thank the Board for their trust and affording me the opportunity to develop my career further.”

Background Information

The National Health Insurance Company – Daman

The National Health Insurance Company – Daman is the UAE’s leading specialised health insurer, providing comprehensive health insurance solutions to about 3 million members in the UAE.

Daman is a public joint-stock company that is 80% owned by the Abu Dhabi Government with the remaining 20% owned by Munich Re.

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