Swiss Re Asia today launched its new regional headquarters in Singapore and announced the composition of the board of directors in the region.
Swiss Re today opened its new headquarters for Asia in Singapore, the company said in a statement. The world's second-largest reinsurer also named Lim Siong Guan chairman of its board of the Asia business.
«Swiss Re has a long, established history in Asia dating back to 1913 and the region has always been a key pillar of our business,» said Swiss Re Asia's CEO Jayne Plunkett. «The establishment of our regional headquarters in Singapore and a regional board of directors demonstrates our commitment to Asia.»
External Board Members
The new chairman of Swiss Re Asia is the former group president of sovereign wealth fund GIC. The Zurich-based company appointed four more external members to its regional board:
- Urs Buchmann, vice-chairman for Greater China at the Hong Kong branch of Credit Suisse
- Raymond Chien, chairman of Hang Seng Bank
- Masaaki Shirakawa, professor at Aoyama Gakuin University and former governor of the Bank of Japan
- Deanna Ong Aun Nee, chief people officer and managing director at GIC.
Deeper Regional Knowledge
The board also includes five members of the group's executive committee. Adding five external board members is meant to render the global insurer with deeper Asian knowledge and to help identify trends affecting the company's business across the region.
The opening of the new regional headquarters in Singapore coincided with the 50th anniversary of the Swiss Re Singapore office opening. Swiss Re Asia currently has eight offices and 1,900 staff.
