According to an Insurance Asia News article, Generali will be making several leadership changes in the next couple of months.
It is understood that after the promotion of Hayden Seach, who has been in the position since 2014 will now relocate to Milan for a new and more senior role at the Italian company. Ken Lai, chief underwriting officer at Generali Global Corporate and Commerical, is set to become the new head of global corporate and commercial Asia.
Kelvin Woo who currently holds the position as head of casualty underwriting Asia will take over from Lai’s chief underwriting officer role. Woo has been working in the insurance industry for more than 23 years and has been in several management roles at Generali.
Roberto Leonardi is the regional officer of Generali Asia Pacific, where the insurer operates across 10 markets.
Commenting on Generali’s 2018 results, Leonardi said: “Our 2018 annual results show a strong finish to our 2015-2018 strategic plan exceeding all targets that we had set ourselves. Asia proves its potential with a growing contribution to the life insurance segment in particular. This is a result of the hard work and dedication of our teams in the eight Asian countries in which we operate. We are well positioned to work towards the new targets in our strategic plan ‘Generali 2021’ and confident that Asia will continue to play an important role in our growth story.”