These strategic appointments reflect Lockton’s ongoing investment in its Direct insurance broking operations and its dedication to delivering best-in-class client service throughout the region.
Jad Ghazal has been named Chief Business Officer – Direct. In this new role, he will be responsible for leading and executing Lockton’s strategic operations across its direct business in MENA. Jad will oversee the development of a unified value proposition, support regional strategies, ensure operational excellence, and align business functions to enable long-term, sustainable growth. With more than 20 years of insurance industry experience in the region and a history of leadership roles at various brokerage firms, Jad joined Lockton in 2021 and brings deep regional expertise to the position.
Meanwhile, Shadi Al Mahameed has been appointed Chief Growth Officer – Direct, where he will spearhead Lockton’s business development initiatives and growth strategy across the Middle East’s existing markets. With a strong emphasis on building a high-performance sales culture, Shadi will play a key role in driving forward Lockton’s client acquisition and market expansion goals. Shadi brings with him 30 years of insurance experience across the MENA region, having served in senior roles at both insurers and brokers. He joined Lockton in 2023.
Both Jad and Shadi will work in close collaboration with Lockton’s Country CEOs and regional leaders to support market-specific objectives and ensure alignment with the firm’s broader growth vision. They will report into and partner with Fadi Ashkar, Regional Managing Director, MENA, who is leading the charge on Lockton’s expansion strategy across the region.
“These appointments reflect our strategic focus on building a strong leadership team to support our strategic expansion and growth plans across MENA,” said Fadi Ashkar. “Jad and Shadi bring a wealth of experience and a deep understanding of the regional market. Their leadership will be instrumental in driving operational excellence and delivering value to our clients, associates and partners. These roles will also focus on unifying our regional strategy by working hand-in-hand with our Country CEOs to support their market objectives and drive consistent client excellence.”
The appointments underscore Lockton’s continued commitment to leadership, innovation, and regional investment as it scales its operations and strengthens its client partnerships across MENA.
