Global insurance market Lloyd’s has made three key appointments for the Asia-Pacific region, following a restructuring effort.
Iain Ferguson (pictured), has been appointed as regional director for APAC. Lloyd’s new organisational structure combined the Greater China region with the rest of Asia-Pacific. He will continue to hold his role as president and COO of Lloyd’s Japan.
Ferguson joined Lloyd’s in 2007 having spent the previous 20 years with RSA in a variety of international roles.
Linmao Li has been named country manager for China, succeeding Eric Gao, who will retire at the end of this year. Li’s appointment is subject to approval from the China Banking and Insurance Regulatory Commission (CBIRC). He started his career with Lloyd’s as an underwriter in London before moving to XL Catlin as director of its underwriting division, and was later responsible for XL Catlin’s operations in Greater China.
Meanwhile, Jonathan May has been appointed chief financial officer of APAC. He will also take on the interim role of country manager for China, until Li joins Lloyd’s in 2019. May joined Lloyd’s London office in 2006 before moving to China in 2016. Prior to that, he worked at Ernst and Young in its insurance audit department, based in London and Madrid.