Double delight at AIWA 2019 Awards for NLGIC - S.Venkatachalam,CEO,NLGIC for the second time in a row won the Best CEO of the Year Award
It was an icing on the cake for National Life and General Insurance Company SAOG (NLGIC) as the CEO went on to the stage to collect his trophy for the “Best CEO of the Year” at the AIWA Awards for Best Performing companies 2019 at a red carpet event held at W Hotel, Oman on 15th September 2019.This is the second time in a row for Mr.S.Venkatachalam to win this award.
Under his able leadership the company has scaled phenomenal growth from a humble beginning of 4 Million Riyals in 2003 to 135 Million Riyals by 2018.NLGIC today is a major player especially in motor and medical insurance segments.
He has also taken the company to great heights by expanding it beyond Oman, and today is a successful and major insurer in Dubai, Abu Dhabi and growing very fast in Kuwait.
Mr.S.Venkatachalam is an inspirational leader who brought a turnaround in the company’s fortunes and scripted one of the finest success stories in the industry.
It was a double delight for NLGIC which also won the top slot as the “Best Performing Company in Oman” in the Large Cap segment in the same awards event.