May 18, 2020

Thuraya Appoints Al Mazrui as first woman to serve as a board member

Farah Al Mazrui
Thuraya
Mubadala
Raine Group
John O'Hanlon
2 min
Thuraya Appoints Al Mazrui as first woman to serve as a board member

On April 19 Thuraya Telecommunications Company announced the appointment of Farah Al Mazrui to its Board of Directors (effective 31 March). Al Mazrui, a UAE national, is the first woman to join the Thuraya board since its inception. Al Mazrui currently works as a senior associate consultant with Bain & Company, she specialises in strategic economic development planning, and has analysed financial operations; conducted commercial due diligence; and built development models for government organisations across the GCC. Al Mazrui has also held roles within Mubadala, The Raine Group LLC, and PricewaterhouseCoopers.

Farah Al Mazrui holds an MSc in Risk Management and Financial Engineering from the Tanaka Business School at Imperial College and a BSc Hons in Economics from the Queen Mary University of London.

Mr. Ahmad Abdulkarim Julfar, Chairman of Thuraya’s Board of Directors said, “Farah’s extensive commercial and government financial experience will strengthen Thuraya’s ability to address future opportunities and aid in the management of our next-generation planning, particularly in evaluating and funding our strategic initiatives.”

Thuraya is the market leader in mobile satellite handheld solutions with over 50 percent market share within its coverage area, which spans 160 countries in Europe, Africa, Middle East, Asia and Australia. After double-digit revenue growth over the past three years, Thuraya continues to outperform its competitors and build a strong pipeline of innovative products, including Maritime and M2M, to maintain the company’s growth. Planning is currently underway for Thuraya’s next generation capabilities which includes designing a system based on the market requirements for the future.

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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