Ghazi Abu Nahl

Ghazi Abu Nahl is the chairman of Nest Group, which has a net asset value of over US$2.6 billion. Abu Nahl and his wife Hind are Chairman and Director of, as well as shareholders in, the Nest. The Group has affiliates and subsidiaries in many parts of the world, including the Middle East, Europe, Asia Pacific, North Africa and the USA. Abu Nahl is also the Group CEO of, and shareholder in, the Qatar General Insurance & Reinsurance Company, which he founded back in the late 1970s. The company has a Paid-up Capital of US$240 million and its shareholders' equity is above US$1.76 billion. Abu Nahl is the Chairman Emeritus of World Trade Center Association headquartered in New York as well as a member of the Board Executive Committee. He has been a member of Lloyds of London Insurance since the 1970s. In 2013, he received the Lifetime Achievement Award from the Federation of Afro-Asian Insurance and Reinsurance for his service to the MENA Insurance industry. Abu Nahl and his wife have also been invited to join the Oxford University Chancellor’s Court of Benefactors for their contribution in funding a new law faculty at the university dedicated to human rights law. Career Overview Originally a native of Palestine, Abu Nahl launched his insurance career when he founded an insurance agency in Qatar in 1960. In 1979, with two decades of industry experience to draw on, he set up Qatar General Insurance & Reinsurance Company. Abu Nahl has served ever since as the General Manager and now Group CEO of this company, which is very highly regarded internationally. It has an AM Best A- rating and its shareholders' equity is valued at over US$1.76 billion. At the close of the 1980s, Abu Nahl went on to establish Nest Investments (Holdings) Ltd of which he is the Chairman and which he co-owns with his wife. The Nest Group is active in 23 countries in the areas of Insurance, Insurance Broking, Reinsurance, licensed services, Real Estate, Manufacturing and Banking. It has a turnover of over US $600 million and its assets exceed US$5 billion. During the same period, he also founded Trust International Insurance Company BSC© Trust re. Established in a region that then had few reinsurance firms, this company now has a paid-up capital of US$250 million. One of his greatest achievements came when the company’s rating was upgraded to A- (S&P and AM Best). For Abu Nahl, this accomplishment is one that reflects not only his Group’s success but also the rise of the Arab reinsurance market. Business Values and Philosophy Abu Nahl carefully chose the company name “Trust,” to express his belief both in the potential of the market and in the capability of the Group’s professionals. This company name also symbolizes his enduring trust in the well-proven principle that hard work combined with perseverance will certainly bring successful outcomes. Abu Nahl’s remarkable business leadership drives him to search for ongoing growth and profitability, to keep pace with cutting-edge technological developments, to match managerial expertise with adherence to the highest standards, and to work relentlessly to ensure client satisfaction. He is also tireless in his determination to build and continually strengthen ongoing relationships with strategic partners. Since April 2004 Abu Nahl has held the distinguished post of board member of the World Trade Centers Association in New York City, he acted as the board Chair from 2008 until 2017. In 2017 he was made Chairman Emeritus by the board to honour his services to the Association. He is also on the Board’s Executive Committee. The Group holds 18 World Trade Center licences in Europe, Middle East, North Africa, and Asia Pacific regions. Iconic World Trade Center Towers are planned for each of these locations. Family and Personal Life As a dynamic businessman who travels a great deal, Abu Nahl has to make the most of his time and manage it carefully. He always has time for his family, and his favourite way of relaxing is simply to enjoy the company of his wife, children, and grandchildren. Abu Nahl also makes sure to keep abreast of everything that happens within his large, extended family. He has five Children and seven grandchildren. His eldest children are all engaged in the group leading the Insurance, Reinsurance and Licensed operations as well as Lloyds corporate capital vehicle. Abu Nahl and Hind have been contributors to many philanthropic health and education causes, and they also enjoy collecting fine arts and objects.