New TT Club CFO starts in role

New TT Club CFO starts in role | Insurance Business America

New TT Club CFO starts in role

EeLain Ong (pictured) has succeeded Julian Chowdhury as chief financial officer at specialist mutual insurer TT Club.

Chowdhury, who retired after 27 years with the Club, now serves as a finance consultant to the insurer on a part-time basis. His successor took on the CFO post on August 1.  

“I see the strength of TT as a reliable and expert risk management provider for organizations in the global supply chain sector, which is continually undergoing disruption,” said Ong, whose credentials include time spent at Deloitte and Tokio Marine.

“My role in part will be to help maintain TT’s agility to adapt to this changing trade environment, yet remain consistent in delivering renowned service and claims efficiency.”

Prior to joining TT Club, the new finance chief worked at DHL. Ong’s career spans roles not only insurance firms but also as a regulator, auditor, and mergers and acquisitions corporate financier.

“TT is fortunate to have in EeLain someone of vast and varied experience so suited to the Club’s structure and nature of its business,” commented TT Club chief executive Charles Fenton.

“Over her 27-year career she has held leadership positions within finance, treasury, and tax at re/insurance companies, captives, mutuals, start-ups, and Lloyd’s syndicates, and across multiple jurisdictions globally. She replaces a true professional in Chowdhury, who we thank for his long and tireless service of almost 30 years. We wish him a happy and fulfilling retirement.”

Managed by Thomas Miller, TT Club has more than 1,400 members and provides insurance and risk management services to the international transport and logistics industry.