3 January 2018Insurance

Asia Capital Re appoints new Malaysia CEO

Asia Capital Reinsurance Group has appointed Hue Yann Wei as chief executive officer of its subsidiary, Asia Capital Reinsurance Malaysia (ACR Malaysia).

Yann Wei’s appointment took effect following the retirement of ACR Malaysia founding CEO, AK Wong, on 31 December 2017.

Yann Wei has 20 years of experience in the Malaysian re/insurance industry. Before joining ACR Malaysia in 2011 as head of underwriting, she was deputy CEO at Munich Re Malaysia.

Bobby Heerasing, chief executive of Asia Capital Re, said: "We are pleased that ACR Malaysia is able to have a smooth leadership transition process. As founding CEO, Mr Wong has firmly entrenched ACR Malaysia as a well reputed reinsurer among its clients. I am confident that Ms Hue who has played a key role in building ACR Malaysia’s underwriting business since she joined the company in 2011 will continue to develop ACR Malaysia as a reliable and trusted partner for ACR’s clients in Malaysia and Brunei as well as the rest of Asia."

Yann Wei said: "Since ACR Malaysia was established 10 years ago, it has grown to be a trusted partner to our clients in the Malaysia and Brunei markets. I look forward to growing ACR Malaysia’s relationship further with our business partners on the same foundation of trust and together meeting the exciting opportunities to come in 2018 and beyond."

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