Qatar Re has announced the appointment of Mr Manik Sethi as Chief Executive of its Singapore branch. Effective as of 13 November 2017, he will succeed Mr Micky Lee who has decided to pursue other opportunities outside of the Company.
Qatar Re’s local presence in Asia dates back to early 2015 when the Company opened a representative office in Singapore. The company now has a fully-fledged branch operation reflecting a strong commitment to its presence in Singapore. Supported by a strong legal and regulatory framework and by thorough analysis of the true value drivers in this important market, the company will continue to grow and further diversify its portfolio of global risks.
Mr Sethi is an Associate of the Chartered Insurance Institute with over 11 years of underwriting experience gained from working in various multinational insurers and reinsurers, including Zurich Insurance (Middle East) and RSA (Middle East). He joined Qatar Re in May 2016, initially as Regional Head of Facultative Marine and later as the team’s Global Head. His skillset spans both facultative and treaty business. He has a Master’s degree in Commerce and Finance from Mumbai University.