Hitesh Motwani appointed CEO of InsuranceMarket.ae, Avinash Babur moves to Chairman role

Dubai, UAE – InsuranceMarket.ae has named Hitesh Motwani as its new Chief Executive Officer, after gaining regulatory approval from the Central Bank of the UAE. This appointment signals a new era for the UAE's leading insurance platform, founded by Avinash Babur. Babur will now serve as Chairman of InsuranceMarket.ae, while maintaining his role as Founder and Chairman of Alfred Holdings.

Hitesh's promotion to CEO is a culmination of his thirteen-year tenure at the company, where he has held various senior positions such as Chief Marketing Officer and Deputy CEO. Motwani, who holds the ACII qualification from the Chartered Insurance Institute in the United Kingdom, expressed his commitment to the organization's people, policyholders, and insurer partners.

Babur, on the other hand, will focus on Alfred Holdings, his founded and chaired venture, while dedicating more time to Alfred Holdings' future developments. The transition highlights the company's growth and its commitment to creating more leaders, raising the bar, and building the future.