Reinsurance News

Global Parametrics adds HSBC’s Deborah Hazell as Non-Exec Director

14th March 2019 - Author: Charlie Wood

Global Parametrics, a parametric and index-based risk transfer startup backed by the UK and German governments, has appointed Deborah Hazell as a Non-Executive Director.

deborah hazellHazell currently serves as Chief Executive Officer of HSBC Global Asset Management (Americas) and oversees close to $100 billion in assets across the region.

“The Board is excited about the addition of Deborah Hazell and will be strengthened by her many contributions,” said Nina Shapiro, Chair of Board of Global Parametrics.

“Deborah’s 20 plus years of leadership in international finance and her experience in leading global asset management businesses will be invaluable as we expand our ties with the private sector.”

Commenting on her appointment, Hazell said, “Changing how private capital is used to benefit the public good, in this instance the resilience of communities affected by natural disasters, can potentially transform communities and economies.”

“Global Parametrics, with its use of technology, data and financial risk modelling, can change the conversation with the investor community on a range of social issues such as climate-related risks and returns, which is why I’m thrilled to be helping Global Parametrics frame these conversations.”

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