Clemens Philippi joins MSIG Holdings (Asia) Pte Ltd (“MSIG Asia”) today as Chief Operating Officer (“COO”) and a member of the company’s Executive Committee, reporting to Alan Wilson, CEO of MSIG Asia and Deputy Head of International Business Department at Mitsui Sumitomo Insurance Co Ltd.
“The new role of COO is testament to MSIG’s commitment to Asia, and it underlines our ambition in the region. The business environment remains extremely challenging and dynamic, but at the same time we are well placed for sustainable growth. I am pleased to have Clemens joining us in driving business and operational synergies in Asia especially during these times,” said Alan.
In his role, Clemens will collaborate with the company’s senior leadership team to help drive profitable and sustainable growth in the financial and insurance market. In this regard, he will oversee Business Development & Digitalisation, Technology Solutions, Risk Management & Actuarial Services, and Technical Services.
With 20 years of experience in the general insurance industry, Clemens has worked in Luxembourg, London and Tokyo before settling in Singapore in 2015 where he took up the CEO position for ASEAN in Euler Hermes, a subsidiary of the Allianz Group.
The appointment of Clemens as COO follows another senior executive’s movement in MSIG Asia in the first quarter of the year.