Canopius boosts APAC and MENA operations with leadership shake-up

New CEO brings 28 years of insurance expertise

Canopius boosts APAC and MENA operations with leadership shake-up

Insurance News

By Roxanne Libatique

Canopius Group, a global specialty and property-casualty re/insurance company, has announced the appointment of Soon Keen Lee as the chief executive officer for its operations in the Asia Pacific (APAC) and Middle East & North Africa (MENA) regions, subject to regulatory approvals. Lee will report to Canopius CEO Neil Robertson.

Canopius APAC and MENA CEO Soon Keen Lee's career

Lee (pictured) has more than 28 years of experience in the P&C insurance sector. She joins Canopius from AIG APAC, where she served as the head of commercial property and SME for the APAC region.

Her tenure at AIG saw her overseeing the commercial property and SME portfolio for APAC. This role at AIG marked her second engagement with the company, having previously spent more than 10 years in various capacities related to property underwriting and management in Malaysia and Singapore.

Lee's professional journey also includes significant positions at Catlin and Aspen Re Singapore, where she was involved in senior insurance and treaty roles.

What to expect from Canopius's APAC and MENA CEO

With her new role at Canopius, Lee is tasked with steering the APAC business unit, with a focus on operations in both Singapore and Australia. She succeeds Mark Newman, who has recently transitioned to the role of CEO for the UK, based in London.

“We are delighted to welcome SK to Canopius,” Robertson said. “I believe she has all the qualities necessary to help us take the next step in our exciting journey in the region. SK brings fantastic experience [and] a deep knowledge of the market, and her leadership style will complement our strong positive and winning culture.”

“I am very much looking forward to leading fantastic teams in both Singapore and Australia,” Lee said. “I am also honoured to represent our APAC business as part of an ambitious management team at Canopius that's overseen formidable transformation over the last two years.”

In January, Canopius expanded its global credit and political risk team by welcoming four new members.

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