02/04/2024 04:25 PM

KUALA LUMPUR, April 2 (Bernama) -- Sompo has appointed Kenneth Reilly as Chief Executive Officer (CEO), Insurance for the Asia Pacific (APAC) to support the further growth of its insurance business in the region, effective April 1.

Reilly’s appointment is subject to appropriate regulatory and immigration approvals, while also retaining his current role as Head of the company’s Tokyo office.

He will continue reporting to Sompo CEO and Executive Chairman, James Shea, and will be responsible for all of the company’s insurance business across APAC.

“As we invest and further develop our business across the Asia Pacific region it is fundamental to build our team to support our plans for continued growth.

“With more than 25 years of international experience, covering both commercial and consumer insurance, including time spent in the region, Ken is perfectly placed to oversee and execute our strategic plans in this important region for our insurance business,” said Shea in a statement.

Reilly succeeds Daniel Neo who has announced his desire to retire but will remain as Sompo Senior Strategic Advisor to assist with the transition, until the end of the year.

The company also thanked Neo for his contribution to Sompo and the APAC region where he has held several leadership roles and made a significant impact on the development of both its brand and insurance business in the region.

A global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance, Sompo employs approximately 9,000 people worldwide.


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