Hong Kong-based global reinsurer Peak Re has appointed David Menezes as Chief Risk Officer, effective immediately.
Menezes has served as the Deputy Chief Risk Officer at Peak Re since September 2022.
Here, he has reportedly been instrumental in upholding Peak Re’s high standards of risk management and oversight.
Menezes’ responsibilities include ensuring regulatory and legal compliance, a comprehensive understanding of risks and exposures, and safeguarding the firm’s financial strength.
Franz-Josef Hahn, CEO of Peak Re, commented on the appointment, “David has consistently demonstrated exceptional oversight of our Risk, Compliance, and Legal functions.
“His leadership skills have been pivotal in fostering a risk-oriented culture throughout the company, driving our risk management strategies and maintaining our robust financial health. I am pleased to congratulate David on this well-deserved promotion.”
According to Peak Re Menezes has been a dedicated member of its team since 2016. The firm noted that his active participation in several industry working groups, advising on the implementation of IFRS17 for general insurance and the development of risk-based capital solvency standards, underscores his deep understanding of the reinsurance industry.
