السيد /ماهر اسماعيل عفانه

السيد /ماهر اسماعيل عفانه

Maher Ismail Afaneh

Financial Expert

Supervision Department

Insurance Authority UAE

Maher.a@ia.gov.ae

 

Maher Afaneh is currently a Financial Expert with the Insurance Authority of the United Arab Emirates (UAE). He has over 20 years of experience in the financial affairs. He joined the Insurance Authority in 2010 and was subsequently made the Head of the Supervision Department. Prior to joining Insurance Authority of UAE, he was working at the Ministry of Finance in Jordan.

His key responsibilities include supervising and carrying out onsite inspections and offsite surveillance of the Takaful and non-Takaful companies operating in the UAE and ensuring the compliance to the Financial Regulations issued by the Insurance Authority in 2014. He was one of the key persons in drafting the Financial Regulations for the insurance Companies operating in the UAE.  He was involved from the scratch in drafting these regulations until the implementation of these regulations by the industry.

He also reviews the data received from the insurance companies on a regular basis in terms of assessing the stability, security, solvency and the overall functioning of the industry.

He has represented the Insurance Authority in several local and international seminars and conferences inside and outside the UAE. He is usually an active speaker about the Financial Regulations for Takaful and non-Takaful companies.

Maher has a bachelor degree in Accounting and Economic Sciences from the University of Jordan, 1991 & has a Master degree in Accounting and Finance from the Arab Academy - Jordan, 2005.