HDI Global SE Hong Kong, a subsidiary of industrial insurer HDI Global has appointed Michael Ahn as its Chief Executive Officer (CEO) effective November 1st, 2024. Simultaneously, Daniel Lau moves to a new role as Director, Asia Pacific Network. Both the appointments are subject to regulatory approvals.
Ahn is an industry veteran with over 31 years of experience in leadership roles, he is currently Head of Business Solutions Asia Pacific at SCOR. Ahn also has extensive experience in Commercial and Specialty single risk lines and facultative reinsurance.
In the new role, his remit includes driving the strategic growth of the Hong Kong branch office and expanding the portfolio across the region.
Meanwhile, Lau has 20 years of experience as CEO of the Hong Kong branch, and 30 years with the HDI group. As CEO he has built a robust business servicing Hong Kong, China, Taiwan and South Korea insurance markets. As Director of Asia Pacific Network, he will drive growth in International Programmes.
David Hullin, Member of the HDI Global SE Executive Board, in charge of Europe (excluding, Germany), Americas, Asean, South Africa and Middle East, commented, “These appointments are in line with our HDI Global strategy for the region and Michael Ahn as CEO will bring new insights and really drive our growth aspirations. As Director Asia Pacific Network, Daniel Lau will share our leading International Programme capability with his extensive networks. The Asia Pacific region is important to the HDI group and we are pleased with the opportunity to invest in local expertise.”
Stefan Feldmann, Head of Asia Pacific HDI Global and Managing Director HDI Global Australia and HDI Global Specialty Australia and New Zealand added, “I am personally looking forward to working closely with Michael Ahn, as we embark on this new chapter for our business in Asia Pacific together. Michael’s fresh perspective and vast experience will further strengthen our position in the industry.
“At the same time, we extend our deepest gratitude to Daniel for his exceptional leadership and dedication during his tenure. His tireless commitment has left a lasting impact on the company, and we are incredibly thankful for his contributions. I am delighted that Daniel will stay on and continue to share his experiences and grow our International Programme capability.”
Lau concluded, “Over my 30 years with HDI, I am extremely proud of the successful business we have built in Hong Kong and the great culture we’ve created as a team. I’m looking forward to this new opportunity and working with Michael Ahn on the next chapter of growth for HDI as a Partner in Transformation with our Insurance community.”