Logo of Saudi Enaya Cooperative Insurance Co.
Saudi Enaya Cooperative Insurance Co. said on Oct. 22 it had received the Insurance Authority’s (IA) no-objection approval for Mohammed Al Dar to serve as Acting CEO for six months, effective Oct. 21. 
The company’s board decided on Sept. 17 to appoint Al Dar as CEO, based on a recommendation from the nomination and remuneration committee and subject to the regulator’s approval, Saudi Enaya said in a statement to Tadawul.
Al Dar has more than 25 years of professional and leadership experience in the healthcare and insurance sectors across the public and private sectors. He previously served as CEO of AcuMed Saudi Arabia and COO of Care Medical Co.
He also founded and led Saudi Arabia’s first company specializing in medical tourism. His experience includes governance and strategic oversight through membership on boards of directors and executive committees.
According to Argaamdata, Saudi Enaya’s board appointed Nasruddin Baba as Acting CEO in February 2025, replacing Sultan Abdulraouf, who resigned. Baba’s acting appointment was subsequently extended several times.
Logo of Saudi Enaya Cooperative Insurance Co.
Saudi Enaya Cooperative Insurance Co. said on Oct. 22 it had received the Insurance Authority’s (IA) no-objection approval for Mohammed Al Dar to serve as Acting CEO for six months, effective Oct. 21.
The company’s board decided on Sept. 17 to appoint Al Dar as CEO, based on a recommendation from the nomination and remuneration committee and subject to the regulator’s approval, Saudi Enaya said in a statement to Tadawul.
Al Dar has more than 25 years of professional and leadership experience in the healthcare and insurance sectors across the public and private sectors. He previously served as CEO of AcuMed Saudi Arabia and COO of Care Medical Co.
He also founded and led Saudi Arabia’s first company specializing in medical tourism. His experience includes governance and strategic oversight through membership on boards of directors and executive committees.
According to Argaamdata, Saudi Enaya’s board appointed Nasruddin Baba as Acting CEO in February 2025, replacing Sultan Abdulraouf, who resigned. Baba’s acting appointment was subsequently extended several times.
