WASHINGTON (dpa-AFX) - ACE Limited (ACE) announced the senior leadership team it intends to appoint for the new Chubb Group's Overseas General Insurance division. The leadership appointments will all take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016.
Juan Luis Ortega will serve as Senior Vice President of the new Chubb Group and Regional President, Asia Pacific. Currently Senior Vice President, ACE Group, and Regional President of ACE's Asia Pacific region, Ortega will continue to have overall responsibility for the general management and business results for all operations in the region.
Andrew Kendrick will serve as Senior Vice President of the new Chubb Group and Regional President, European Group. Jorge Luis Cazar will serve as Senior Vice President of the new Chubb Group and Regional President, Latin America. Jeff Hager will serve as Regional President, Far East. Giles Ward will serve as Regional President, Eurasia & Africa.
The company also announced the leaders it intends to appoint for key functional areas of the Overseas General Insurance division, including claims, information technology, operations, finance, human resources and legal.
Copyright RTT News/dpa-AFX