The National Financial Regulatory Administration (NFRA) has issued an exposure draft seeking feedback on proposals for financial institutions, including insurance companies and insurance asset management companies, to appoint a chief compliance officer (CCO).
Chedid Capital, an investment group in the insurance and reinsurance industry, has raised its global governance capacity by appointing Mr Stuart Davies as an independent non-executive director at Milestone Risk Solutions in the United Kingdom and a Strategic Committee member at Momentum Insurance.
Concerns are growing over the shortage of skilled professionals in the insurance sector in Ethiopia, as the government plans to open the sector up to foreign investors.
Qoala has appointed Mr Randy Lianggara to its board and Mr Yujun Chean as group COO.
Price Forbes Singapore has appointed Mr Julian Coates as chief broking officer, subject to regulatory approval. In his new role he will be responsible for developing Price Forbes' broking strategy in APAC and support its overall business growth.
Prudential has appointed Ms Angel Ng as regional CEO, Greater China, customer and wealth. She will join the Group executive committee effective 1 October 2024.
Swiss Re Asia has appointed Mr Alan Wilson to its board of directors. He brings 45 years of experience.
Gulf Insurance Group (GIG), one of the leading insurance groups in the Middle East and North Africa region, has announced the formation of a new board, which comprises the current directors representing majority shareholder, Fairfax Financial Holdings, and two newly elected independent members, who bring valuable expertise in the financial, economic and insurance sectors.
Swiss Re has appointed Mr Anders Malmström as group chief financial officer, effective 1 April 2025. He takes over from Mr John Dacey, who will retire from his executive role.
nib has appointed Mr Ed Close as managing director and CEO. He is expected to formally take up his position at nib before the end of calendar year 2024. He will take over from Mr Mark Fitzgibbon, who will retire on 1 September 2024.