QBE Asia has announced the appointment of Tay Siang Leng, currently the Chief Financial Officer (CFO) for QBE Asia, as the Interim Chief Executive Officer (CEO) for Wholesale Markets Asia. This change comes as Ronak Shah, the previous CEO, is on garden leave until the end of September. Tay, who joined QBE in 2019, played a crucial role in establishing the Wholesale cluster and will now oversee daily operations within the division.
The appointment is part of QBE Asia’s ongoing business transformation strategy, which emphasises digitalisation and artificial intelligence (AI) integration. The company aims to enhance its presence in wholesale markets and Protection and Indemnity (P&I) growth across the region. Tay will report directly to Rob Kosova, CEO of QBE Asia, during his interim tenure.
QBE Asia, a segment of the International Division of QBE Insurance Group Limited, is headquartered in Sydney and listed on the Australia Securities Exchange. The company continues to focus on strengthening its operations in Asia through strategic leadership appointments and technological advancements.
