AXA Cooperative Insurance Co. announced changes in its Board of Directors membership as a result of the acquisition by Gulf Insurance Group K.S.C.P of 100% of the share capital of AXA Insurance (Gulf) Company B.S.C. (C) resulting in GIG indirectly owning 50% of the shareholding of AXA Cooperative Insurance Co. The company announced the resignation of Nicolas De Nazelle, Stephen Wagstaff, Ali Abdulla Kanoo and Matthieu Bebear as Non- Executive members of Board. The also company announced the appointment of Osama Kamela Kishk, Bijan Khosrowshahi, Jean Cloutier and Farid Saber as Non- Executive members of Board. Mr. Kishk has over 26 years of experience in the Finance, Accounting, Treasury, Investment and Auditing related fields. Prior to joining gig, he has worked with MetLife, Rasameel Group, Bayt AlMal Investments, Ernst & Young and Coopers & Lybrand. Mr. Khosrowshahi has over 35 years of experience in the insurance industry. He joined Fairfax in 2009 and prior to that spent 18 years with AIG and 5 year with Fuji Fire and Marine Insurance. Mr. Cloutier joined Fairfax in 1999 as Vice President and Chief Actuary and later became Vice President-International Operations. Prior to joining Fairfax, he worked with Lombard Canada Limited, Halifax Insurance and Dominion of Canada Insurance Company. Mr. Saber is an experienced Executive Officer with a demonstrated history of working in the insurance industry in MENA region. He is also a Member of the Board of Directors at L'Algerienne vie (AGLIC), Gulf Sigorta and Egypt Life Takaful Co., all subsidiaries of gig.