Lockton opens new Morocco office in Casablanca Financial City, to support continued growth
CASABLANCA, Morocco, April 13, 2016 /PRNewswire/ -- Lockton, the largest privately-held, independent insurance broker in the world, today announced the opening of its new Morocco office, based in Casablanca Finance City, an economic hub for the region. Lockton's Middle East operations serve clients in the marine, aviation, energy, power, hospitality, construction, and other industries with risk management, insurance, and employee benefits consulting services.
Lockton's Morocco operations officially opened at a launch party in Casablanca attended by senior market executives, clients and members of Lockton's executive management including Lockton Middle East and North Africa Chairman Wael Khatib, Lockton, Inc. President and CEO John Lumelleau, and Chief Operating Officer Glenn Spencer.
"Clients across the region value the unique expertise and experience that we offer," said John Lumelleau, Lockton, Inc. President and CEO. "This expansion in Casablanca is an exciting opportunity for the entire Lockton organization."
Salah El Kadiri will lead the Lockton operation in Morocco and West Africa, supporting regional and multinational clients with operations in the region. He has been an executive director in Lockton's Middle East and North Africa operations in Dubai for the past seven years.
Wael Khatib, Senior Partner & Chairman of Lockton (MENA) said, "The new Casablanca operation is part of Lockton's continued efforts to enhance our regional capabilities for clients. We are committed to personalized engagement and the drive to see our clients succeed."
Khatib added, "Salah El Kadiri started his career in Casablanca and is a well-known and respected professional in Morocco and the international market. I look forward to continue working with him and his team who I am confident will create a positive impact on the clients we serve."
Saïd Ibrahimi, CEO of Casablanca Finance City (CFC) Authority, said, "We are proud to welcome in CFC the world's largest privately owned, independent insurance brokerage firm. Lockton is the first international Lloyd's broker to join our business ecosystem, reinforcing CFC's positioning as a Pan-African reinsurance hub."
Salah El Kadiri commented, "It is a privilege to be part of the Lockton team and witness the rapid growth the business has achieved in the region. I look forward to serving our Lockton Casablanca clients and building on the remarkable track record for clients in the region."
Lockton will continue its expansion plans in countries across the MENA region. Lockton currently has operations in Dubai, Abu Dhabi, and Jordan.
About Lockton
More than 5,600 professionals at Lockton provide 48,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held, independent insurance broker in the world and 10th largest overall. For seven consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance."
About Casablanca Finance City Authority :
Casablanca Finance City Authority (CFCA), a public-private limited company established in 2010, has been legally empowered to develop and manage the Casablanca Finance City (CFC) status. Casablanca is a regional economic and financial hub, hence a preferred gateway to the African continent, particularly to North, West and Central African countries.
Site Web : Casablancafinancecity.com
Twitter : @casafinancecity
LinkedIn : Casablanca Finance City
Photo- http://photos.prnewswire.com/prnh/20160413/355090
Logo- http://photos.prnewswire.com/prnh/20090415/CG99351LOGO
SOURCE Lockton
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