SCOR Reinsurance Asia-Pacific (SRAP) has appointed Hitesh Shah (pictured) as independent non-executive director.
According to a statement by SRAP, Shah will join current independent non-executive directors Eric Raynaud and Andre Chieng on the board, and he will chair the audit and risk committee. Shah is currently a council/board member at the Singapore Actuarial Society, managing director of consulting and advisory firm Shah Advisory, and director of Singapore education charity Akaraka.
Over the past 25 years, Shah has held managerial roles at AXA’s Asian businesses, consulted with clients across Asia while a partner at Deloitte, and led the marketing, product, and strategy functions at three multinational insurers – Manulife, Aviva and Prudential. He now works with insurers, fintech start-ups, corporate boards and professionals whose clients need specialist actuarial advice. His recent work includes setting up a high-net-worth business in Indonesia, positioning a distribution channel to help Singaporeans close their protection gaps, and building awareness and a market for a new blockchain-based insurance technology start-up.
Shah is an actuarial science graduate and is a fellow of the UK Institute of Actuaries, the Singapore Actuarial Society, and the Institute of Actuaries of India. He is also a graduate of the Australian Institute of Company Directors.