Fortitude Re has expanded its presence in Japan with the opening of its Tokyo Representative Office, and has appointed Hajime Kawafuji as its Chief Representative.
Kawafuji is an experienced leader within the Japanese business community. He brings a broad range of investing and advisory experience towards his new role.
He joins Fortitude Re from global investment firm Carlyle where he was a senior member of the Japan buyout advisory team. Before he joined Carlyle, Kawafuji spent more than a decade at Nomura in its Investment Banking division.
As Chief Representative, Kawafuji will partner with Leonard Lin, Head of Asia at Fortitude Re.
Alon Neches, CEO of Fortitude Re commented: “Our Representative Office in Tokyo further demonstrates our commitment to clients in Japan. Under Leonard and Kawafuji-san’s leadership, we will build our presence in the Japanese market to ensure local insurers benefit from the best of our firm’s capabilities to support their financial and strategic goals.”
In related news, Fortitude Re recently announced the closing of two reinsurance transactions with leading Japanese life insurance companies.
