Alfredo Muñoz Perez, a key official in Spanish insurance group Mapfre, has been nominated by Middlesea Insurance plc’s board to be the company’s new chief executive officer.
The nomination is subject to regulatory clearance and approval by the Malta Financial Services Authority. Mr Muñoz’s nomination comes in the wake of Mapfre Internacional’s increase in shareholding in Middlesea to 50.98 per cent.
After holding roles with an international audit firm and in an American Life insurance company, Mr Muñoz joined the Mapfre Group in 1998.
He brings a wealth of experience to Middlesea, having held senior manager positions in Mapfre Assistencia, the subsidiary specialising in assistance and specialty risks with interests in 43 markets across five continents.
Mr Muñoz holds degrees in law and economics from Comillas-Icade University in Madrid, and a Master’s degree in taxation.