Tokio Marine HCC International (TMHCCI) has bolstered its legal and compliance for its European operations, Tokio Marine Europe (TME), with the appointment of Sandy Mavrommati (pictured) as the division’s new head.
In her new role, Mavrommati will be responsible for leading the growth compliance team across Europe. She will report to David Feldman, head of international compliance.
Mavrommati brings with her nearly 20 years of industry experience in compliance and regulatory roles across insurance and banking sectors. Prior to joining TMHCCI, she worked as the European compliance manager for Hiscox. According to her LinkedIn, she also had previous senior roles at Credit Suisse, AXA, Piraeus Bank, EFG Bank, European Central Bank, University of Warwick, and Trafalgar Oil.
TME CEO Vanessa Herrero said that with the increasingly dynamic and complex business environment comes a need to comply with increasing regulation, making this appointment even more important for the firm.
“Development of our Legal & Compliance Department is therefore essential in order for TME to meet its ongoing regulatory obligations and ensure the safe and compliant operation of our business for our people, shareholders and clients,” Herrero said. “I am therefore delighted to have been able to recruit someone of Sandy’s calibre and experience. She knows the European regulatory environment and key players extremely well and I look forward to her bringing that expertise and insight to bear on TME.”
The specialty insurer also recently announced a restructuring of its IT and operations teams as part of the company’s ongoing growth strategy.
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