Global reinsurance broker JLT Re has announced the appointment of William Pang as a new Managing Director for JLT Re Philippines, subject to regulatory approval.
Pang has been with JLT Re for five years, working out of Singapore to manage broking clients in Singapore, the Philippines and Vietnam. Pang had previously spent 14 years at Munich Re as Deputy Head of Client Management in the Asia region, as well as spending time as Head of Client Management at Asia Capital Re more recently.
Pang will relocate to Manila in the 1st quarter of 2017 and will take on responsibility for the overall management of JLT Re Philippines, with a focus on strategy, market development and team expansion amongst other areas. He will also continue to work with clients from Singapore and Vietnam.
Pang will report to Kenny Moyes, CEO of JLT Re Asia, based in Singapore. Pang will also join the JLT Re Asia Pacific Executive Group as part of this new role.
“The Philippines is a natural progression for JLT Re’s regional expansion plans, given that it’s the 4th largest economy of the ASEAN countries after Indonesia, Thailand and Malaysia,” commented Stuart Beatty, JLT Re Asia Pacific CEO. “It is already a key region of focus for us and we intend to invest further with an aim to be a market leader in the future. This is part of our broader strategy to establish a presence in key countries so we can develop a focused client servicing capability across Treaty, Fac and Analytics and grow our market position. William will play a key role as he already has excellent relationships in the Philippines.”
