Lloyd’s promotes Japan president to APAC role

December 18 2018 by InsuranceAsia News Staff

Iain Ferguson, president and chief operating officer for Lloyd’s Japan (pictured), has been appointed regional director, Asia Pacific, Lloyd’s.

Under a restructure, Lloyd’s Asia-Pacific region will combine the existing Asia-Pacific and Greater China regions. Ferguson, who will continue to be based in Tokyo, joined Lloyd’s in 2007 having spent the previous 20 years at UK-headquartered insurer RSA.

Meanwhile, Linmao Li will become country manager of China following Eric Gao’s retirement at the end of this year after 10 years at the helm. Li’s appointment will be subject to approval by the China Banking and Insurance Regulatory Commission.

Li started his career with Lloyd’s as an underwriter in London before moving to Catlin, and then XL Catlin (now Axa XL), as the director of XL Catlin’s underwriting division, Lloyd’s China, and was responsible for XL Catlin’s operation in Greater China.

In another change at Lloyd’s in Asia, Jonathan May has been appointed as chief financial officer of Asia Pacific. In addition to the new role, he will take on the role of country manager, China, on an interim basis until Li joins in the new year.

May joined the Lloyd’s London office in 2006 before moving to China in 2016. Prior to that, he worked at EY in their insurance audit department in London and Madrid.

Kent Chaplin was Lloyd’s former Asia-Pacific chief executive before leaving earlier in the year in October.

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