MSIG Asia names chief risk and marketing officers

Firm looks within to fill high-ranking regional roles

MSIG Asia names chief risk and marketing officers

Insurance News

By Gabriel Olano

MSIG Holdings Asia has promoted William Song to chief risk officer (CRO) and Rebecca Ang Lee to chief marketing officer (CMO). Both are based in Singapore.

Song (pictured left) joined MSIG Asia in 2010 as vice president, leading the actuarial department for over five years. He later became senior vice president, managing enterprise risk management (ERM) for the region for the last three years. In his new role, he is responsible for risk management across the region including ASEAN, Hong Kong, Australia, and New Zealand. Song has undertaken the CRO portfolio from Paul Faulkner, executive director, risk management and technical services, and continues to report to him.

With over 18 years’ insurance industry experience across several Asian markets, Song’s expertise includes development of ERM framework, internal modelling, insurance liability valuation, technical premium rating, mergers & acquisitions, and insurance analytics.

Meanwhile, Lee (pictured right) has been promoted from senior vice president to the newly created role of chief marketing officer, overseeing MSIG’s brand and communications efforts across ASEAN, Hong Kong, Australia, and New Zealand. She reports to Iris Yuet, executive officer, corporate services.

In her new role, Lee will help drive the group’s key priorities on branding and sustainability as part of her expanded portfolio. She sits on the committee of the brand and communications working group led by MSIG’s Tokyo-based head office, Mitsui Sumitomo Insurance, to provide strategic direction on the group’s international branding initiatives, and will also be the lead of the newly formed Sustainability Taskforce within the region.

Before joining MSIG, Lee was general manager at ad agency Leo Burnett for over two years. She also headed the marketing communications department at Standard Chartered Singapore for more than four years, overseeing marketing communications across consumer banking products.

“I am very pleased to announce the appointments of both outstanding professionals who are experts in their fields,” said Alan Wilson, CEO of MSIG Holdings Asia. “William and Rebecca will significantly strengthen our senior management layer, allowing us to effectively build on our enterprise risk management and brand presence in the region.”

According to a statement by MSIG, the appointments are aligned with the group’s medium-term management plan ‘Vision 2021’, announced in April this year, which explains the company’s strategy to boost digitalisation, reform business and risk portfolios, and to pursue its strengths such as in diversity, capital, human assets, customer base, and other areas.

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