Asia pacific financial news

Lockton appoints trade veteran to guide engagement with monetary establishments

Lockton, the world’s largest privately owned unbiased insurance coverage dealer, has introduced the appointment of Raj Shourie to its political and credit score dangers division. In his new function, Shourie will lead engagement with monetary establishments internationally for each credit score mitigation and nation danger safety. He will probably be primarily based in London.

Shourie has greater than 30 years of expertise in banking, funds and insurance coverage in London, Singapore and Tokyo. Previous to becoming a member of Lockton, Shourie served as monetary establishments advisory lead for credit score options at Aon and he has additionally held quite a few roles in capital markets origination, underwriting, danger distribution and mortgage portfolio administration.

Shourie has held positions at main banks together with Barclays, Credit score Suisse and Deutsche Financial institution and he beforehand practiced as a company lawyer with Clifford Likelihood in London and Hong Kong.

In his new function, Shourie’s main focus will probably be on delivering credit score mitigation instruments for banks trying to insurance coverage as a credit score danger distribution and capital effectivity device. He’ll interact with funds looking for to insure each conventional and non-standard dangers.

“It’s an actual pleasure to welcome Raj to the crew,” stated Peter Hornsby, companion and member of the Europe govt committee at Lockton. “His sturdy worldwide expertise displays that of our globally targeted crew, and his deep information of credit score danger strengthens our providing for our purchasers as we develop. The danger panorama for monetary establishments is frequently shifting, and now we have developed a compelling proposition to assist our purchasers navigate it.”

“Lockton has a status for its give attention to shopper service and sector-specific experience, and I’m excited to be a part of the crew,” Shourie stated. “Because the wants and calls for of its monetary providers shopper base evolve, I look ahead to serving to Lockton meet them.”

 

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