MSIG Asia Appoints Ronak Shah as Regional Chief Executive Officer
Succeeding Clemens Philippi, Shah will drive the next phase of growth for the general insurer across its Asia Pacific operations
MSIG Asia, Southeast Asia’s leading general insurer with a growing presence across Asia Pacific, today announced the appointment of Ronak Shah as its Regional Chief Executive Officer (CEO), effective 1 October 2026.
Shah succeeds Clemens Philippi, who was appointed Co-Chief Strategy Officer of MS&AD Insurance Group Holdings (MS&AD) in April 2026 to lead the Group’s International Business strategy. In his new role, Shah will lead MSIG Asia’s well-established operations across Southeast Asia, Hong Kong, India and Oceania. His remit will also expand to include regional leadership responsibility for Mainland China, Taiwan and Korea. This broader mandate demonstrates MSIG Asia’s commitment to greater strategic alignment across Asia Pacific. It will enable stronger collaboration, enhanced execution and accelerated growth, while delivering greater value to its customers, partners and stakeholders.
Joining MSIG Asia from QBE Asia, where he held several senior leadership positions, Shah most recently served as CEO of Wholesale Markets Asia, having previously led the Singapore business as country CEO. With more than two decades of experience in the insurance industry in Asia and North America, he has successfully led business transformation, strengthened specialty insurance capabilities, and built strong relationships with customers, partners and industry stakeholders in these regions.
In his new role, Shah will be responsible for steering the regional direction, advancing MSIG Asia’s strategic priorities, accelerating business performance across key markets, strengthening regional collaboration, and deepening customer and partner engagement.
Hironori Morimoto, Group Chief Global Officer, Senior Managing Executive Officer of MS&AD, said:
“Ronak brings deep regional expertise, strategic insights and a strong track record of delivering results across complex and dynamic markets. We are confident he will build on MSIG's strong heritage and presence across Asia, and lead MSIG Asia through its next phase of growth and value creation. We also thank Clemens for his contribution to the development of our Asia business, and I look forward to his continued leadership in his new role as the Group’s International Business Co-Chief Strategy Officer.”
Ronak Shah, Regional Chief Executive Officer-designate of MSIG Asia, said:
“MSIG Asia has built a successful business with a clear sense of purpose, and I’m proud to be stepping in at such an important point in its journey. The company has a strong platform – with talented teams, deep customer relationships and a clear ambition for what it can achieve across Asia Pacific. My focus is straightforward: sharpen our strategy, empower our people to execute with excellence, and create greater value for our customers and partners who count on us. The opportunity across this region is significant, and I intend to make the most of it.”