The National Reinsurance Corporation of the Philippines has appointed Mr Allan Rossi Santos as its new president and CEO with effect from 16 August, succeeding Mr. Augusto Hidalgo III.

Prior to this, Mr Santos was Nat Re’s executive vice president and COO overseeing finance, investments, data and analytics, technology, human resources and office services.

He is joined by two seasoned professionals, Mr Christian Ladoux as chief underwriting officer, and Ms Tisha Darvin as head of data and analytics.

Mr. Hidalgo, during his term as president and CEO that began in 2014, led efforts to transform the company into a more customer-centric organisation and initiated measures that strengthened the company’s technical capabilities. He grew the business significantly both in terms of the topline and the bottomline.

Mr Santos, who is pursuing new career opportunities, has 25+ years of experience in local and international insurance/reinsurance markets in the US, Asia and Europe. He holds a Master’s degree in Applied Math and Bachelor of Science in Math both from the University of the Philippines. He is a fellow of both the Actuarial Society of the Philippines and the Society of Actuaries (US) and is a member of the American Academy of Actuaries.

Mr Ladoux has 35+ years of international experience in reinsurance underwriting, having handled risks in France, Germany, Japan, Australia, Belgium, East and South East Asia, and the Indian subcontinent. He was previously the general manager and CEO of the Singapore branch of Arab Insurance Group.

Ms Darvin is an actuary by profession with over 25+ years of experience in product development, mergers and acquisitions, demutualisation, distribution channels compensation, financial planning and analysis, employee benefits valuation, and actuarial studies, among others.