Nat Re has named Allan Rossi Santos as its new president and CEO, succeeding Augusto Hidalgo who is departing the company to pursue new career opportunities.
Before the appointment, Santos was Nat Re’s executive vice president and chief operating officer (COO) overseeing finance, investments, data and analytics, technology, human resources and office services.
Santos boasts over 25 years of experience in local and international insurance/reinsurance markets in the US, Asia and Europe. He is a Fellow of both the Actuarial Society of Philippines and the Society of Actuaries (US) and is a member of the American Academy of Actuaries.
During his term as president and CEO, which started in 2014, Hidalgo led efforts to transform the company into a more customer-centric organisation and initiated measures that strengthened the company’s technical capabilities. He grew the business both in terms of topline and bottomline.
Santos commented: “We will continue to build on our achievements thus far to meet new milestones, conquer more challenges, and provide better services to our clients, partners, and shareholders.”
He added: “We look forward to further strengthening the business and expanding our horizons.”