Tamkeen backs recruitment of 120 Bahrainis in GIG Gulf

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

The Labour Fund “Tamkeen” announced its support for GIG Gulf, previously known as AXA Gulf Insurance, towards recruiting around 120 Bahrainis. GIG Gulf offers talented Bahrainis the opportunity to obtain greater exposure and skills within the insurance industry, boosting their competitiveness.

This initiative comes in partnership with the Bahrain Economic Development Board (EDB). GIG Gulf’s new regional headquarters in Bahrain Bay was completed in 2020 and continues to serve four countries within the region. The new regional headquarters is home to 250 employees with a 60% Bahrainisation rate.

The company has achieved several milestones, including a 90% Bahrainisation rate amongst employees serving personal lines customers and a diverse workforce of 50% women. Husain Mohamed Rajab, Chief Executive of Tamkeen, said: “Our core mandate at Tamkeen is to support Bahrainis to become the employee of choice and enterprises to become the engine of economic growth by enabling them to successfully seize opportunities that the new economic realities present in order to boost their contributions to the local economy, in line with the Kingdom’s national priorities.”

Khalid Humaidan, Chief Executive of the Bahrain EDB, added: “The decision by GIG Gulf to invest in their new regional Headquarters in the Kingdom is a testament to Bahrain’s strengths as a regional financial services hub and reflects the positive attributes that make Bahrain attractive to international companies.”

Paul Adamson, Chief Executive Officer of GIG Gulf, said: “We are proud of our history of over 70 years operating in Bahrain and very excited by this new commitment and investment, which creates new employment opportunities for nationals and is key to building sustainable operations.”