Abu Dhabi, United Arab Emirates – Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of multi-sector insurance services to businesses and individuals, announced the appointment of Mr. Gogal Madan as Acting Chief Executive Officer, succeeding Mr. Charalambos Milonas, who resigned on Thursday, June 4, 2026. The selection of Mr. Madan from within ADNIC is the result of a well-considered leadership succession plan, ensuring business continuity and the implementation of long-term strategic directions.

Gogal Madan joined Abu Dhabi National Insurance Company (ADNIC) in 2007 and most recently served as Chief Underwriting and Strategic Accounts Officer, where he played a key role in supporting the company’s strategic expansion and business growth. Prior to that, he was responsible for the company’s commercial insurance business both locally and internationally, and previously served as Chief Executive Officer of Property and Energy Insurance.

His Excellency Sheikh Mohammed bin Saif Al Nahyan, Chairman of the Board of Directors of Abu Dhabi National Insurance Company (ADNIC) , said: “This leadership transition will ensure the continuity of the company’s strategic direction and accelerate the achievement of its future goals, while maintaining a focus on delivering sustainable value and supporting national development objectives . As the leading national insurer in the UAE, ADNIC continues to keep pace with the nation’s progress by enhancing its capabilities and maintaining the necessary agility to support customers in a rapidly changing environment, guided by the vision and aspirations of the UAE’s wise leadership. ADNIC continues to execute its growth and expansion strategy, leveraging its strong presence in the UAE and its carefully planned growth and expansion in key markets. The company also continues to diversify its business and revenue streams, maintain the highest levels of discipline in insurance risk management, and enhance its operational efficiency . ADNIC will continue to build on its rich legacy, further solidifying its position as the most trusted national insurer in the UAE through its commitment to excellence, customer focus, and building long-term partnerships.”

As Abu Dhabi National Insurance Company (ADNIC) enters a new phase of growth, it looks to the future with confidence, building on its continued focus on enhancing its capabilities, driving innovation across its operations, and keeping pace with the evolving needs of its customers and the markets in which it operates. With a clear strategic vision, ADNIC is well-positioned to build on its achievements and capitalize on the promising opportunities that lie ahead.

About Abu Dhabi National Insurance Company

Abu Dhabi National Insurance Company PJSC is a leading diversified insurance partner with extensive experience in providing insurance and reinsurance services to businesses and individuals across the Middle East and North Africa. Established in the United Arab Emirates in 1972, Abu Dhabi National Insurance Company has a wide network of branches, sales, and service centers offering a comprehensive range of products and services, including reinsurance solutions tailored to meet the diverse and evolving needs of its clients. The company also maintains a representative office in London as ADNIC International Ltd and holds a majority stake in an integrated insurance company in Saudi Arabia. Abu Dhabi National Insurance Company is listed on the Abu Dhabi Securities Exchange.

Abu Dhabi National Insurance Company enjoys strong international financial strength ratings, including an "A" rating from Standard & Poor's and an "A" (Excellent) rating from AM Best, both with stable outlooks.

For more information, please contact: media@adnic.ae

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