JLT Re has named William Pang as the new managing director of its Philippines office.
Pang, who will relocate to Manila in Q1 of this year, will be responsible for the overall management of JLT Re Philippines, focusing on strategy, market development and team expansion.
As part of his new role Pang will also join the JLT Re Asia Pacific executive group.
Over the last five years, Pang has been located in Singapore, managing clients based in Singapore, Philippines and Vietnam, regions he will continue to be involved with.
In his new role, he will report to Kenny Moyes, CEO of JLT Re Asia.
Stuart Beatty, CEO of JLT Re Asia Pacific, said: “The Philippines is a natural progression for JLT Re’s regional expansion plans, given that it’s the fourth largest economy of the Association of Southeast Asian Nations countries after Indonesia, Thailand and Malaysia.”
Beatty added: “It is already a key region of focus for us and we intend to invest further with an aim to be a market leader in the future.”