Johnson has been with Walaa Insurance since 2007. He joined the Company as its first CFO, closely supporting the CEO of the Company in its initial phases including setting up accounting function, introducing necessary internal control and reporting procedures to facilitate compliance with all regulatory requirements necessary for obtaining operating licenses and approvals.
After a period of 5-years, appointed as CEO of Walaa towards the end of 2012 and since then, led the company through all its phases of growth, diversification, challenges and expansion. Led the team from front for doubling of the Paid-up Capital from SR 200m to SR 400m, with a premium. Instrumental in ‘turning-around’ the operations of the Company and establishing a surplus in shareholders’ equity as well as taking the company from the 24th position in 2010, with a GWP of 210m to the 5th largest Insurer is Saudi Arabia with a GWP of over SAR 3.5 billion. He led the growth momentum of the Company and has successfully completed the first merger in the KSA Insurance sector with speed and efficiency.
He is a member of the Insurance Executive Committee of Insurers in the Kingdom of Saudi Arabia and has been the Chairman of the Finance Sub-Committee for two consecutive terms.
He holds a Bachelor degree in Commerce, a qualified chartered accountant and is a Fellow member of the Institute of Chartered Accountants of India. He has over 30 years’ experience in manufacturing, hospitality, Trading and Financial sectors.
