Oxbridge Re Holdings Limited has appointed Arun Gowda to serve as an independent director on the Board of the Company, effective immediately.
Gowda will also serve as a director of Oxbridge Reinsurance Limited (OxRe), subject to approval of the Cayman Islands Monetary Authority (CIMA).
Oxbridge Re stated that Gowda’s appointment was made to fill the vacancy resulting from Raymond Cabillot’s resignation as an independent director at the company. The company noted that Gowda was appointed for a term that ends at the 2023 annual general meeting of shareholders.
Gowda brings a depth of experience towards the Board within investments, hedge funds, insurance and reinsurance products. Oxbridge Re noted that Gowda was appointed to serve as the Chair of the Audit Committee and the Investment Committee of the Board, and a member of the Nominating and Corporate Governance and Compensation of the Board.
Gowda has served as the Managing Partner of Broadpeak Ventures, a private investment company, since January 2018. In his role as Managing Partner, he oversees and manages investment and business development with early-stage venture companies in asset management, insurance and alternative investment strategies.
Previously, Gowda served as the Managing Director, UBS O’Connor, New York, an alternative investment arm of UBS Group AG, from September 2016 to December 2017, where he was responsible for raising funds for private credit and hedge funds.
In addition, from February 2012 to December 2015, Gowda served as Managing Director at Guggenheim Investments, New York. Within this role, he was responsible for development of the alternative investment platform for institutional investors, including pension funds, insurance companies and private banks.
Furthermore, from August 1993 to December 2011, Gowda served in a number of senior roles across the industry, inlcuding Vice President at Morgan Stanley, New York, Executive Director at UBS Investment Bank, London, and Partner at Eventi Capital Partners, Toronto, where he managed investments in private companies in technology, medical devices, and alternatives.
Moreover, Gowda has also served as a director on Ide8 Re, a Bermuda captive reinsurer for insurtech Bamboo Insurance from April 2021 to present.
