Board Of Directors

The Authority is managed by a Board of Directors consisting of seven members, headed by the Chairman of the Board, with experience and competence in capital affairs. The first Board of Directors was formed in 2006. The current Board of Directors comprises the following:

  1. Dr. Nabeel kassis, Chairman of the Board of Directors

  2. Mr. Netham Ayoub, vice-chairman, a representative of the Ministry of National Economy.

  3. Mr. Loay Hanash, representative of the Ministry of Finance.

  4. Mr. Eyad Nassar, representative of the Palestinian Monetary Authority.

  5. Mr. Joseph Nesnas, representative of the operating banks in Palestine.

  6. Mr. Mohammad Abu Ramadan, representative of the Palestinian companies.

  7. Dr. Abd​ El Fattah Abu Shokr, representative of the Palestinian companies.

 
 
Permanent Committees of the Board of Directors

Corporate Governance Committee

Includes the following members:

  1.  Mr. Netham Ayoub, Committee Chairman, Board member.

  2.  Mr. Joseph Nesnas, member, Board  member.

  3.  Member, Board member. 

Audit and Risk Committee

Includes the following members:

  1.  Mr. Eyad Nassar, Committee Chairman, Board member.

  2.  Member, Board member. 

  3.  Mr. Loay Hanash, member, Board member.

The committee assists the board of directors in carrying out its regulatory and supervisory role through the following:

  • Supervise  the performance of the  Internal Audit department

  • Participate in assessing the internal and external risks that face PCMA, evaluating the effectiveness of the risk management and internal control systems in detecting,  confronting, and mitigating these risks.

  • Oversee the work of the external auditors and the releasing of the PCMA periodic financial statements.

Advisory Committees of the Board of Directors

The Advisory Committee on the Insurance Affairs

Includes the following members:

  • Board of Directors or Deputy ChairmanCommittee Chairman.

  • member of the Board.

  • General Manager of the Insurance Directorate.

  • Secretary General of the Palestinian Insurance Federation.

  • Insurance Expert.

 

​ ​