Announcing a New Board Member

2017 07,09

Delta Insurance is pleased to announce the new member of the board Mr. Basem Issam Salfiti.

Mr. Salfiti holds an MBA with honors from Columbia University; a Master’s degree in Finance and Corporate Strategic Planning from Columbia University in 2000 and a BA degree in Electrical Engineering from Brown University in 1993.

Mr. Basem Salfiti is a Partner of Hummingbird Ventures. Prior to joining Hummingbird, Mr. Salfiti served as a Managing Director at Perella Weinberg Partners where he led the technology banking business in Europe. He served as the Head of the Investment Banking Unit/European technology at Perella Weinberg Partners from 2007 till 2009. Mr. Salfiti served as an Executive Manager of the Technological Investment Banking Unit at Morgan Stanley & Co. from 2000 till 2006 and Chief Executive Officer of Operations at Best Laboratories Inc. from 1994 till 1998. Mr. Salfiti serves as a Non-Executive Director of Bank al Etihad.

We welcome the addition of Mr. Salfiti to the board, his global experience and expertise will enrich Delta’s ability for carrying out its mission.The knowledge and networks of Mr. Salfiti will surely support new strategic initiatives and strengthen the organization’s connections complementing a strong group of existing directors and leadership team.

Our Board of Directors oversees the long-term strategic plan for Delta, enabling us to advance our mission, vision and strategic objectives. They are a group of distinguished businessmen, economists, and insurance sector experts. This reflects the strong confidence the Company have in the Jordanian market.