MSIG hires Asia finance head from Marsh

December 18 2018 by InsuranceAsia News Staff

MSIG Asia has appointed market veteran Richard Da Silva (pictured) as executive vice-president to lead the finance department.

Da Silva will be based in the regional office in Singapore and report to MSIG Asia’s regional chief executive Alan Wilson. In the role he will oversee the insurer’s regional finance, investment, financial planning, reporting and the holding company’s finance operations.

With more than 25 years of experience in the insurance market Da Silva has worked in both local and regional finance, investment and audit roles. Prior to joining MSIG Asia he was regional controller, Asean, at Marsh & McLennan and chief risk officer of Marsh Singapore.

Da Silva is a chartered financial analyst charter-holder and a member of the Institute of Singapore Chartered Accountants. He also holds a Bachelor of Accountancy degree from Nanyang Technological University of Singapore.

MSIG Asia has extensive operations in the region covering markets, including: Australia, Brunei, Cambodia, Hong Kong, Indonesia, India, Laos, Macau, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.

The fast-growing insurer has over 4,500 staff and is part of the Japan-headquartered MS&AD Insurance Group.