The National Reinsurance Corporation of the Philippines named Allan Rossi Santos as its new president and chief executive effective Aug. 16, succeeding Augusto Hidalgo III.
Prior to this, Santos was Nat Re’s executive vice president and chief operating officer, overseeing finance, investments, data and analytics, technology, human resources and office services.
He will be joined by two seasoned professionals, Christian Ladoux as chief underwriting officer and Tisha Darvin as head of data and analytics.
During his term as president and CEO which began in 2014, Hidalgo led efforts to transform the company into a more customer-centric organization and initiated measures that strengthened the company’s technical capabilities. He significantly grew the business both in terms of topline and bottomline.
Santos has more than 25 years of experience in local and international insurance/reinsurance markets in the US, Asia and Europe.
He holds a Master’s degree in Applied Math and Bachelor of Science in Math both from the University of the Philippines. He is a fellow of both the Actuarial Society of Philippines and the Society of Actuaries and is a member of the American Academy of Actuaries.
Ladoux has more than 35 years of international experience in reinsurance underwriting, having handled risks in France, Germany, Japan, Australia, Belgium, East and South East Asia, and the Indian subcontinent. He was previously the general Manager and CEO of the Singapore Branch of Arab Insurance Group.
Darvin is an actuary by profession with more than 25 years of experience in product development, mergers and acquisitions, demutualization, distribution channels compensation, financial planning and analysis, employee benefits valuation and actuarial studies.
“We will continue to build on our achievements thus far to meet new milestones, conquer more challenges, and provide better services to our clients, partners, and shareholders,” said Santos.
“We look forward to further strengthening the business and expanding our horizons,” he said.