.jpg)
Francis Savari will succeed Hiroki Miyamoto as Chief Executive Officer (CEO) of UIB Asia Reinsurance Brokers Pte Ltd, situated in Singapore. uib-logo-newMiyamoto will take on a new post at United Insurance Brokers Ltd in London to "enhance the Group's drive to develop business from our existing and future Japanese clients." The Monetary Authority of Singapore (MAS) has accepted Savari's nomination. He comes to the CEO position with three decades of professional expertise and a diversified industrial background.
Savari has worked with Marsh Management Services, Munich Re, Partner Re, and Singapore Re, where he was most recently Deputy CEO. His experience ranges from captive management to risk finance and risk consultancy, as well as marketing, underwriting, client management, and business development. Savari has mostly worked in Southeast Asia and other Asian markets, with a focus on treaty business.
“We are also extremely grateful to Hiroki for his excellent efforts over the past five years and for extending his stay beyond the originally agreed period in order to help the Company, and the Group during the transition. With the Covid pandemic having had such a significant global impact during his tenure, it has been a challenging period, and we are filled with gratitude to Hiroki for the efforts that he has made and for the success of the Company. Notably, Hiroki led the way in establishing the Group’s analytics resources, which is an essential and vital part of our business."