The Chief Executive of Helvetia Insurance in Asia has decided to take on a new professional challenge outside of the company, finews.asia can reveal exclusively.
Swiss native Tom Ludescher, who successfully managed the integration of National Suisse into Helvetia in Asia, leaves the company at the end of July 2017, according to an internal memo seen by finews.asia. Martin Gingg will be the principal point of contact for the insurer in Singapore and Kuala Lumpur temporarily.
A long-term replacement for Ludescher will be addressed in due time, a spokesperson for Helvetia said.
Veteran Executive
Ludescher joined Nationale Suisse nearly eight years ago, responsible as operational head for the specialty lines and foreign countries business division as a member of the senior management until the end of January 2011.
He was appointed CEO of Nationale Suisse in Belgium in February 2011, and then CEO of Asia in May 2013. In the course of the takeover of Nationale Suisse by Helvetia, Ludescher became CEO in Asia of Helvetia as of September 2015.
New Professional Targets
«We deeply regret Tom Ludescher’s leaving and thank him for his great engagement and his contribution to the establishment and development of the business in Asia. We wish him all the best for both his professional and private future endeavors», said David Ribeaud, CEO of Specialty Markets.
«Working for Helvetia was an exceptional experience which I would not want to have missed. I cordially thank all the colleagues for the good collaboration over the past years. After having successfully implemented the integration, I am now looking forward to pursuing new professional challenges», said Ludescher.
Swiss Ties
Ludescher also acts as the Chairman for SwissCham Singapore, the former Swiss Business Association (SBA) in the Lion City. He has been instrumental in transforming this organisation into a leading chamber of commerce in the last four years of his tenure.
