FM Global veteran to lead Asia division in SingaporeSeptember 26 2019 by InsuranceAsia News Staff
Long-standing FM Global executive Ziad Alex S. Tadmoury will move to Singapore to serve as senior vice president, Asia Pacific division manager.
Stefano Tranquillo, senior vice president, division manager of EMEA and Asia Pacific, will retire after nearly 35 years with the company.
Tadmoury has had a long tenure with the top commercial property specialist, serving in American and European markets in varied roles. His most recent role with the company was as operations senior vice president, manager, compliance and real estate in Rhode Island. He joined the company 29 years ago working in claims and reinsurance.
The Singapore office is also due for another shake-up as David M Johnson is due to move out of the country, where he was regional senior vice president, regional manager operations of Asia. Johnson has been appointed as operations senior vice president in Atlanta.
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The move takes the life player's number of markets in Asia to eight.
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The search is on for Vivek Bhatia's successor.
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Justin Yeo will help bolster the MGA's presence in the region.
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Zainudin Ishak, CEO of Malaysian Re, says it could increase competition and drive risk-based pricing.