Chubb has appointed Budi Tatawidjaja (pictured) as compliance director of its Indonesian venture, PT Chubb General Insurance Indonesia. He will be part of the board of directors and report to Tai-Kuan Ly, the insurer’s country president.

In his new role, Tatawidjaja will oversee regulatory matters of the organisation’s business, such as ensuring best practices and adherence to Chubb’s compliance and regulatory policies and procedures.

“We are delighted to have Budi join our board,” said Ly. “He has played an instrumental role in strengthening our risk and compliance function over the years. His expertise and experience will ensure we continue to sustain a high level of corporate governance that is commensurate with our reputation.”

Tatawidjaja joined Chubb in 2013 as head of risk and compliance. He has over 20 years of experience in the banking, capital market, and insurance industries of Indonesia and Hong Kong, where he conducted audits and implemented various compliance, regulatory, and risk management programs. 

Prior to Chubb, he worked for major insurers Aviva and AIA, as well as BNP Paribas Securities Indonesia.