Lockton, an independent insurance broker, has strengthened its leadership across Asia, with Nicholas Lee joining Lockton Sime as CEO Designate of Malaysia, while Jaideep Sharma has been appointed CEO of India.
In his new role, Lee will work with the team to build on strong foundations and scale a high-performing, client-centric brokerage, driving growth, strengthening partnerships, and delivering meaningful outcomes for clients.
He brings more than two decades of experience across insurance broking, risk management, analytics, catastrophe modelling, bancassurance, and strategic consulting.
Lee joins Lockton from Moody’s Analytics, where he most recently served as Director, Head of Client Coverage, Insurance Solutions, APAC.
He also founded his own consultancy focused on emerging risks, strategic growth, and insurance transformation, advising insurers, reinsurers, and brokers on how to harness data, analytics, and AI to improve performance across the value chain.
Lee rejoins Lockton after previously working at Lockton Singapore, where he supported major insurance programmes for landmark projects and multinational clients.
As part of the transition, Mohamed Yahya Ibrahim will assume the role of Special Advisor to Lockton Sime.
In a recent press release, Lockton said, “We are delighted to welcome Nick back to Lockton and congratulate Yahya on his new advisory and leadership role. Their combined experience, energy, and commitment to client success will further strengthen our capabilities and support our continued growth in Malaysia and across the region.”
Sharma takes on the role of CEO of India, while continuing in his dual role as Regional Head of Specialties for Lockton Asia, and will be based in Mumbai.
Meanwhile, Sandeep Dadia has transitioned from CEO to Non-Executive Director of Lockton India, continuing his connection to the business he established in 2024.
“We deeply appreciate the significant growth he has driven over the past two years. He utilised his passion as an entrepreneur to create the fastest growing new licensed broker in India. He provided the energy to transition the company from a start up into a fully operational broker and we know that, with Sandeep wanting to pursue entrepreneurial activities, other ventures will now benefit from this same zeal to grow new operations,” said Lockton.
Sharma brings extensive global leadership experience across complex multinational operations. Most recently, he served as Head of Multinational Growth, CRB NA at WTW.
Prior to WTW, he worked at Aon as Market Leader for Connecticut, overseeing a 250-person operation across Risk, Health, Wealth, and Human Capital.
Sharma began his career with Marsh Aviation and later became CEO of Marsh Saudi Arabia.
Tony Hardy, CEO of Lockton Asia, said, “Nick and Jay represent the very best of our industry—leaders with deep expertise, global perspective, and an uncompromising commitment to putting clients first.”
