India

Swiss Re appoints new India CEO

Swiss Re has announced the appointment of Hadi Riachi as the CEO of the Swiss Reinsurance Company (Swiss Re) India branch.

Effective as of April 2020, Riachi will take over from G. Satish Raju, who will be exiting the firm after a total of over 15 years of service, having re-joined as Head of Southeast Asia, Global Partnerships, in 2013.

Riachi joined Swiss Re in 2015 as Head of Property & Specialties of Corporate Solutions China, based in Shanghai, according to an article by Asia Insurance Review. In 2018, Riachi was appointed as Head of North Africa, in charge of the firm’s Life and Non-Life business.

In his new role, he will be based in Mumbai, and will be responsible for driving the growth of Swiss Re’s P&C and Life & Health businesses in the country, as well as being charged with strengthening the firm’s engagement with its government partners.