30 January 2017Insurance

JLT Re appoints former Munich Re exec as Philippines director

JLT Re has appointed William Pang as managing director to spearhead its entry into the Philippines market as the company looks to grow further in the Asia-Pacific region.

In his new role, Pang will relocate to Manila from Singapore, and report to JLT Re Asia CEO Kenny Moyes.

He will also join the executive group of JLT Re Asia-Pacific, and be responsible for the overall management of JLT Re Philippines, focusing on strategy, market development and team expansion amongst others.

Pang is currently managing the clients in Singapore, Philippines and Vietnam as a director at JLT Re Asia.

Prior to joining JLT Re in 2012, he spent 14 years at Munich Re as deputy head of client management, and more recently at Asia Capital Re as the head of client management.

Stuart Beatty, JLT Re Asia-Pacific CEO, said: “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.

"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."

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