Usama Al Barwani – Chief Executive Officer

CEO, Al Madina Takaful
Usama has Executive Diploma in Strategic Management & Leadership – CMI, UK; A Postgraduate Diploma in Human Resource Management – CABA, Canada; Professional Diploma Certificate in TQM – Kaizen Institute, Japan; and a Diploma in Education. He is also Certified Islamic Specialist in Islamic Insurance – CIBAFI and a Certified Compliance Officer – AAFM.

He has over two and half decades of experience in HR and Administration.

He has played a vital role in Shariah consulting services in respect of transforming the Company’s activities into Takaful based insurance.

  • Executive Diploma Program in Strategic Management & Leadership EDSML
    Chartered Management Institute (CMI), UK
  • CIPD, Program in Personnel Practice (CPP)
    Chartered Institute of Personnel and Development (CIPD), UK
  • Postgraduate Professional Diploma in: Human Resource Management
    Chartered Association of Business Administrators (CABA) – Canada – August 2007
  • Professional Diploma Certificate in TQM: Total Quality Management
    Kaizen Institute – Japan – Nov 2004
  • Diploma Certificate in: Information & Systems Management
    Aptech Institute – Open University – Canada 1996 -1997
  • Diploma Certificate in: Education
    Teachers College – Sultanate of Oman – 1988-1990
  • Certified IS in Takaful Insurance
    General Council for Islamic Banks and Financial Institutions (CIBAFI – Bahrain) – 2012
  • CSR Specialist
    CIPR Chartered Institute of Public Relations – 2012
  • Certified Compliance Officer – CCO
    AAFM American Academy of Financial Management – 2010
Ajay Srivastava – Deputy Chief Executive Officer

DCEO, Al Madina Takaful
Ajay Srivastava has a Bachelor of Science (Honors), a Bachelor’s degree in Law, and an Associate of Insurance Institute of India (AIII) certification.

He has nearly three decades of insurance experience at Branch, Division and Country level in Indian, London and GCC Insurance markets.

He has successfully managed Multi-million dollar budgets with full P&L responsibility. He has vast experience in the development and implementation of strategic plans and innovative business ideas with a history of managing turnaround Projects & Operations.

Shakaib Mahmood – Chief Financial Officer

CFO, Al Madina TakafulShakaib is a fellow member of the Institute of Chartered Accountants of India and Bachelor’s degrees in Law and Commerce.

He has more than two and half decades of experience of providing assurance and advisory services in Sultanate of Oman.

Prior to joining the Company, he was a Director at an International Audit and Advisory firm in Oman. His responsibilities included, apart from providing Assurance & Advisory services to Banking and Insurance sector, Risk Management and Quality control of the Firm. He also acted as Head of Islamic Finance for a couple of years with the International Firm in Oman.

Ranganathan Chakrapani – Head – Business Operations

Management Team, Al Madina TakafulRanganathan has Bachelor’s Degrees in Science and Law.

He has over 20 years of Insurance experience, with about 12 years in the Oman Insurance market. His specialization is in the areas of Product distribution, Channel management.

He also has successfully managed various distribution channels, including Bancassurance for one of the largest public-sector bank (State Bank of India) in India.

He specialized in Life underwriting and he is part of the core implementation team at ICICI Prudential, a joint venture with Prudential, (UK) and Cardiff (France) for Investment linked insurance schemes.

Ipe Issac -Head of Underwriting

Management Team, Al Madina TakafulIssac is an Associate of Insurance Institute of India (AIII). He has 17 years of experience in Underwriting and Product Development in multi-national companies. His GCC based experience encompassed working for insurance companies in Saudi Arabia, Bahrain and Oman.

He is a specialist in handling huge infrastructure projects (both operational and construction), marine, motor fleets, employee benefits and personal lines of business portfolios.

Suresh Kumar – Head of Motor & Non-Motor Claims

Management Team, Al Madina TakafulSuresh has completed Post Graduation in Public Administration, Diploma in Mechanical Engineering and Post Diploma in Automobile Engineering. He is pursuing ACII program from Insurance Institute of India.

He has more than 23 years of experience in Insurance and Automobiles sectors. He worked with leading Automobile worked Multinational insurance Company in India prior to his assignment in Oman.

He specializes in strategizing and implementing effective motor claims, Non Motor Claims management initiatives, supply chain management, detailed motor, Non Motor claims experience analysis and business reporting. He was instrumental to implement key dealers tie-ups and managed various dealer accounts.

Muamen Ali Ibrahim – Head of Legal & Corporate Affairs

Management Team, Al Madina TakafulMuamen has a bachelor’s degree in Law. He has more than two decades of experience in managing the legal functions and requirements of Insurance Sector. He is also an approved Arbitrator as authorized by Omani Courts.

Hilal Salim Al Rashdi – Board Secretary

Management Team, Al Madina TakafulMr. Hilal Salim Al Rashdi is currently Secretary of the Board of Directors. He has more than 25 years of work experience in several fields. He has been appointed in several administrative and leadership positions during his tenure at the company and held several positions and responsibilities, including Manger of Human Resources Department and Head of Corporate Communications and participating on the company’s internal committees, including the Salvage Committee.

Hitesh Popat – Investors Relations Officer
Name Mr. Hitesh Popat
Telephone 22033750
Mobile 99014203

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