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Wesleyan appoints Ahmed Farooq as General Insurance MD

Wesleyan, the financial services specialist for doctors, dentists, teachers and lawyers has promoted Ahmed Farooq to the new role of Managing Director of its General Insurance brokering business.

Ahmed has worked at Wesleyan for five years and was previously Head of Finance. He moved into general insurance towards the end of 2013 with a brief to grow the business. He will particularly focus on developing Wesleyan's business-to-business offering.

In his new role Ahmed will report into Group Sales & Marketing Director, Samantha Porter and joins Wesleyan's Executive management team.

Commenting on Ahmed's new role Sam said: "Ahmed has already made a substantial contribution in establishing Wesleyan's position as a general insurance broker for our professional customers. He has reviewed the business model and introduced some comprehensive continuous improvement initiatives that have increased the skill base of his staff and led to cost savings. I look forward to working with him in his new role."

Ahmed added: "My finance background has given me a sound understanding of what's required to successfully manage a business and lead teams.  I have a remit to grow our general insurance business. There is significant opportunity for organic growth, particularly within our commercial sector as we look to offer more insurance products to the medical and legal markets, while also considering appropriate merger and acquisitions opportunities."

Ahmed is married with two children; originally from Lancashire, he now lives in Solihull.

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

Click for more information about the Wesleyan group of companies.

© 2018 Wesleyan Assurance Society