FWD hires FIG banker as group corporate transactions officer

June 14 2018 by InsuranceAsia News Staff

FWD has hired Petter Sternby as group corporate transactions officer. He joins from Standard Chartered, where he was most recently head of the financial institutions advisory team.

Petter will lead FWD’s efforts to align with public company standards and will be based in Hong Kong, reporting directly to Craig Merdian, FWD group chief financial officer.

“[Sternby] has a wealth of industry and transactional experience across Asia,” said Merdian. “His insight from the banking sector will be a tremendous asset for us moving forward.”

He has more than 25 years of investment banking experience spanning Asia, Europe and South America, and has led numerous M&A, IPO and equity transactions during his career, including advising on deals with SwissRe, SunLife, MetLife, UOB and Maybank.

“It’s a really exciting time to join one of the fastest growing insurers in Asia,” he said. “I’m looking forward to embracing the opportunities and challenges presented by this new role and help bring a fresh perspective and experience as we aspire to change the way people feel about insurance.”

He also previously worked for Lehman Brothers and Morgan Stanley.