Riyadh – Mubasher: Liva Insurance Company announced the appointment of David Healy as Vice Chairman of the Board of Directors in a non-executive capacity.
The board approved the decision on 16 July 2026, following receipt of a no-objection letter from the Insurance Authority on 15 September 2026.
The move fills the vacancy left by Sanjay Shah's resignation, which the company disclosed on 2 July 2026.
The company also confirmed the reconstitution of several key board committees for the remainder of the current term.
Ali bin Mohammed Juma Al Lawati has been appointed to chair both the Nomination and Remuneration Committee and the Investment Committee.
David Healy will lead the Executive Committee, while Munir bin Mohammed Al Mughairy has been named Chairman of the Risk Committee.
These administrative changes are part of a broader restructuring of the board's governance framework, which was initially established on 31 December 2024.
The new committee memberships include a mix of independent and non-executive directors, alongside external members, aimed at strengthening the company's oversight and strategic execution within the Saudi insurance sector.
