Hong Kong, 15 July 2024 –Peak Reinsurance Company Limited (“Peak Re” or the “Company”), a Hong Kong-based global reinsurer, is pleased to announce the appointment of Mr. David Menezes as Chief Risk Officer, effective immediately. Mr. Menezes has been serving as the Deputy Chief Risk Officer at Peak Re since September 2022.

During his tenure as Deputy Chief Risk Officer, Mr. Menezes has been instrumental in upholding Peak Re’s high standards of risk management and oversight. His responsibilities include ensuring regulatory and legal compliance, a comprehensive understanding of risks and exposures, and safeguarding the Company’s financial strength.

Franz-Josef Hahn, CEO of Peak Re, commented: “David has consistently demonstrated exceptional oversight of our Risk, Compliance, and Legal functions. His leadership skills have been pivotal in fostering a risk-oriented culture throughout the company, driving our risk management strategies and maintaining our robust financial health. I am pleased to congratulate David on this well-deserved promotion.”

Mr. Menezes, a Fellow of the Institute and Faculty of Actuaries, has been a dedicated member of the Peak Re team since 2016. His active participation in several industry working groups, advising on the implementation of IFRS17 for general insurance and the development of risk-based capital solvency standards, underscores his deep understanding of the reinsurance industry. Mr. Menezes holds a postgraduate degree in Physics from the University of Oxford.

For more information on Peak Re and its services, please visit https://www.peak-re.com/