Re/insurance group MNK has named Chaitali Roy (pictured above) as group executive managing director – risk and regulation, effective July 1.

As part of his appointment, Roy will also join the group executive board and report directly to the group chief executive officer.

In this role, Roy will lead the company’s global risk and regulatory strategy. Her responsibilities include overseeing enterprise-wide governance, coordinating with regulators across multiple jurisdictions, and aligning risk strategy with MNK’s expansion plans in the UK, EU, Middle East, Asia, and other international markets.

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Roy brings more than 20 years of experience in audit, risk, and regulation. She previously held leadership roles at EY, KPMG, and the Prudential Regulation Authority (PRA) under the Bank of England. At the PRA, she represented the UK in global regulatory forums.

Recently, she worked as a risk partner at EY, where she advised insurance company boards on regulatory transformation and governance strategy.

Roy holds an MSc in public administration and public policy from the London School of Economics. She is a Chartered Public Finance Accountant and a member of the Institute of Risk Management and the Chartered Insurance Institute.

"Chaitali joins us at a defining moment in our journey. Her cross-sector expertise and global regulatory insight are invaluable as we build a future-ready, risk-aligned platform. We are thrilled to welcome her to our leadership team,” MNK Group chairman Manoj Kumar said.

The appointment of Roy follows another senior risk leadership move by MNK Group in May, when Alex Noorbaccus was appointed as group chief risk officer.

In April, MNK Group also introduced a rebrand that consolidated its broking, MGA, and risk-taking operations under a single unified identity.

The group's expansion has also included targeted initiatives in specialty lines and underserved markets. MNK Re recently launched a dedicated energy facility for SMEs in Latin America, with a capacity of up to US$50 million per declaration.

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