Farid Chedid

Chairman and CEO

Chedid Insurance Brokers Network

Since the launch of Chedid Capital in 1998, Farid Chedid has expanded the group into a leading investment powerhouse in the insurance and reinsurance industry, spanning a network of 82 subsidiaries across Europe, the Middle East, Africa, and Asia. With extensive operations in high-growth but economically and geopolitically volatile regions, the group has leaned on Farid’s long-term, structured, and agile approach to growth – always anchored in rigorous governance and strategic risk management.

Farid’s foresight in identifying high-potential markets and growth avenues has been central to Chedid Re’s solid expansion – coupled with his enduring client relationships, strategic partnerships with key players in the global insurance markets, and established credibility. Under his leadership, Chedid Re has cemented its reputation as one of the world’s top 15 reinsurance brokers, with business originating from over 80 countries.

In addition to Chedid Re, Chedid Capital’s strategic business units encompass Chedid Insurance Brokers and Ascoma Assureurs Conseils, which together form the largest insurance brokerage network in the Middle East and Africa region. Through acquisitions and greenfield investments, Farid also established and scaled Chedid Insurance Brokers Network’s operations in Saudi Arabia, the United Arab Emirates, Qatar, Egypt, Lebanon, Mauritius, and Cyprus. In 2021, Farid spearheaded the acquisition of Ascoma, the largest independent insurance brokerage and medical Third-Party Administrator network in sub-Saharan Africa, with a footprint spanning 23 countries.

He has equally expanded Chedid Capital’s risk-carrying business with the founding of Seib Insurance & Reinsurance company in Qatar, Momentum Insurance Agents in the UAE, and Milestone Risk Solutions in the UK – all of which are specialized in underwriting large and complex risks.

His own leadership philosophy has centered on investing in human capital development and education for sustainable industry growth. He launched the Corporate Risk Management Institute (CRMI), which focuses on education and capacity building in Governance, Risk Management, Compliance and Insurance. With GRC being a fundamental pillar of Chedid Capital's market success and reputation, Farid's commitment to ethical leadership has cemented the group's credibility and trust with stakeholders.

In addition to his role at Chedid Capital, Farid sits on the board of several leading MENA companies both within and outside the insurance sector. In 2026, he co-founded and was elected as the first Chairman of the British Lebanese Chamber of Commerce, supporting programs and initiatives to strengthen economic ties and bilateral collaboration between the UK and Lebanon. Farid is also actively involved in philanthropic initiatives and organizations across the region, including in his role as Vice Chairman of the Board of Trustees at Notre Dame University, Lebanon; a member of the Board of Club des Entrepreneurs Monégasques en Afrique (CEMA); and a Fellow of the Middle East Leadership Initiative (MELI), which is a member of The Aspen Global Leadership Network (AGLN).

His industry contributions have been recognized with many accolades over the years, including being named among the “100 Inspiring Leaders in the Middle East” and “Dubai 100” by Arabian Business in 2023; “The MENA Lifetime Achievement Award” by Global Re and Dubai World Insurance Congress (DWIC) in 2020; and “The Middle East and Africa Industry Achiever of the year” by the Global Re and Strategic Risk consortium in 2016. He was also listed among the “Dubai 100: most influential people in the Emirate” in 2017 and 2018, the “100 Most Powerful Arabs” in 2018,  and the “100 Arab Achievers” in 2017, 2018, 2019 by Arabian Business. In 2018, he was honored among the “35 Most Influential Lebanese Businessmen” by Forbes Middle East.

Farid is a Fellow of the Chartered Insurance Institute of the UK and holds a master’s degree in Risk Management from the NYU Stern School of Business; an advanced master’s degree in Finance from ESCP Europe; a master’s degree in Finance from ESA Business School; and a master’s degree in Management from Université Paris IX Dauphine.