Wednesday, May 23, 2018

Qatar Re names new CEO for Singapore

Manik Sethi has been appointed to lead Bermudian reinsurer Qatar Re as its new chief executive, the company said in a statement.

The appointment of Sethi comes after his predecessor decided to leave the company.

According to the company’s statement, Sethi will lead the Singapore branch, effective 13 November, replacing Micky Lee, who has decided to pursue other opportunities outside of the firm.

Qatar Re CEO Gunther Saacke spoke very positively of Sethi taking the helm at the Singapore branch.

Sethi joined the company in 2016 and, as Saacke said, has made great strides in terms of leading the facultative marine business of the company.

His experience in the industry is extensive, especially in the development and enhancement of new and existing portfolios of business.

Sethi was also responsible for managing culturally diverse underwriting teams and is well equipped to implement the company’s strategic priorities for the Asia-Pacific region.

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