Marsh announced the appointment of insurance industry veteran Kenneth Kwok as Hong Kong Chairman, reporting to Paul Wilkins, CEO for Greater China, and working along side Marsh Hong Kong CEO, David Jacob.
He “will focus on unlocking Marsh’s potential in Hong Kong, forging new relationships within the local business community and further strengthening the team currently in place, “said the bulletin.
Wilkins commented on Kwok’s “depth of experience in risk management,” indicating that it would “greatly benefit our current and future clients in Hong Kong, playing a critical role as we continue to grow our franchise across Greater China.”
Marsh described Kwok as a “seasoned insurance professional with over 40 years’ experience in all aspects of insurance, from broking to underwriting in Hong Kong and internationally.” Most recently he was Chairman of Falcon Insurance Hong Kong, a unit of Canada’s Fairfax Financial Holdings, and previously held senior positions at HSBC Non-Life Holdings, Lombard Insurance Group and Jardine Insurance.
Kwok stated that he’s pleased to be joining Marsh, and added that the “Hong Kong is a market where Marsh has the potential to grow even further, providing significant value to businesses of all sizes and across all industries. Risk and risk management is clearly taking a front seat in 2009 for businesses in Asia against the backdrop of unprecedented global uncertainty.”
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