Commercial property insurer FM Global has appointed Sanjay Chawla as Executive Vice President, where he will oversee strategic corporate initiatives, including collaborating with an investment lens on the company’s environmental, social and governance priorities.
Chawla joined the company in 2018 as Senior Vice President of Investments, and will continue to report to Malcolm Roberts, FM Global’s president and Chief Executive Officer.
Prior to working at FM Global, Chawla was the Vice President and Chief Investment Officer of Raytheon’s pension investments at Raytheon Company since August 2013.
Chawla previously worked at The Dow Chemical Company for 18 years, where he held various leadership roles in finance, primarily portfolio investments and treasury, including global asset allocation, enterprise-wide and financial risk management at the corporate headquarters in Michigan, and also on expatriate assignments in Asia.
His promotion follows the strategic contribution he and his investment team have made to the total financial strength of FM Global, whose insurance investment assets have grown to approximately US$25 billion.