Nazer - Jeddah, Saudi Arabia
Loay Hisham Nazer is the founder and Chairman of Nazer. Mr. Nazer started and continues to operate several companies in a variety of businesses including, health insurance, hospital procurement solutions, Dialysis Clinics, public relations, and asset management. He is also the Chairman of Bupa Arabia, a publicly listed company on the Saudi stock exchange that specializes in health insurance. The company operates in Saudi Arabia, the GCC countries and across the Middle East.
Mr. Nazer has a B.S. in Mechanical Engineering from the University of California in Los Angeles (UCLA, 1987) and received his Masters Degree in Business Administration (MBA) from the Anderson Graduate School of Management at UCLA (1989). In June 2005, Nazer was awarded an Honorary Doctorate of Humane Letters from Goodwin College in Connecticut, USA.
In 2013, Nazer was invited to join the Board of Visitors of the UCLA Anderson School of Management. Mr. Nazer was elected to serve as the Chairman of the International Board of Directors for the year 2006-2007 of the Young Presidents’ Organization, a global non-profit organization of over 16,000 Chairmen and CEOs under the age of 50. He has made lasting impressions on the international organization with such profound contributions as "YPO Making a Difference."
In October 2013, Mr. Nazer was appointed by the President of the Saudi Arabian Olympic Committee as Chairman of the Saudi Arabian Judo Federation for 3 years, and was elected by the Saudi Olympic General Assembly as a Board Member. In 2014, Mr. Nazer was assigned by the President of Youth Welfare, HRH Prince Abdullah bin Mosaad, as Chairman of the Saudi Olympic Sports Strategy Committee.
Mr. Nazer was nominated and selected by the World Economic Forum as a member of the Young Global Leaders (YGL), “a community of extraordinary leaders under the age of 40.” In 2010, he became a member of the first class of the Aspen Institute Leadership Fellows in the Middle East and was selected as one of UCLA Anderson’s Business School “100 Inspirational Alumni” in the 75 years history of the school.
In 2007, Mr. Nazer was appointed by the Saudi Council of Ministers as a Board member of the Cooperative Council for Health Insurance, the official regulatory body for health insurance in Saudi Arabia, representing the private sector. He is the leading negotiator with the various governmental institutions for the development of the insurance industry in the country. He was re-appointed in 2010 to serve a second term of three years as a member of the Board.
Mr. Nazer lectures regionally on globalization and Principled-Decision making. He has been quoted many times in the Western press on issues related to Saudi Arabia and was interviewed on CNN’s Business Today, MSNBC Europe’s Gateway to the Middle East, and was the main guest on “Bridges,” an hour-long Saudi television program designed to improve Saudi-West relations.
Mr. Nazer has three children: Lana (1990), Hisham (1992) and Tan (1997). He enjoys golf, running, biking, basketball, soccer, and many other sports.