Mr. Hamad Khan
CEO
Sukoon Insurance
Personal Profile
Hammad Khan is the Interim Chief Executive Officer and Chief Financial Officer at Sukoon Insurance Company, UAE. As a member of the Executive Committee, he leads the Finance & Accounts, Investments & Administrative functions, playing a pivotal role in shaping the company’s strategic direction.
Sukoon Insurance is one of the UAE’s largest multi-line insurers, with total assets exceeding AED 11 billion and an “A” credit rating from S&P. Hammad has been instrumental in driving the company’s transformation strategy since 2018, significantly strengthening the balance sheet, enhancing the solvency ratio, liquidity management, restructuring investments into a more balanced d whilst enhancing its yield, and successfully turning around the takaful entity following its acquisition.
He serves on the Board of Directors of several entities:
• Chairman, Oman Insurance Management Services Limited (OIMSL), DIFC, UAE
• Board Member, Sukoon Takaful PJSC, UAE (listed entity on DFM)
With over 25 years of leadership experience in the insurance industry, Hammad has been a founding member of multiple start-ups across the GCC, including both conventional and takaful ventures, and has led the establishment of joint ventures. He is a Fellow Chartered Accountant from the Institute of Chartered Accountants of Pakistan.
His key accomplishments span across:
• Business transformation and strategic execution
• IFRS implementation (incl. Sukoon being the first GCC insurer to publish IFRS 17 results)
• Process re-engineering and data analytics
• M&A acquisition and integration
• Development of enterprise-wide policies and integrated cash management solutions to elevate customer experience.
Prior to Sukoon, Hammad held senior roles at leading institutions including:
• American International Group (AIG), UAE
• Abu Dhabi National Insurance Company, UAE
• Noor Takaful (a subsidiary of Noor Bank), UAE
• Abdul Latif Jameel, KSA
• Allianz EFU (Subsidiary of Allianz AG)
Awards & Recognition:
• Named one of the UAE’s Most Influential CFOs by Khaleej Times Editorial Board in 2025
• CFO of the Year by Middle East CFO Magazine in 2017