New York, USA - July 22, 2013, New York, USA - The ACE Group, a global insurance organization, announced that Damien Sullivan has been named chairman of the company’s Asia Pacific region.
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Currently the region’s President, Mr. Sullivan in this new role will focus on governance, strategic planning and senior customer relationships across the region, which spans North and Southeast Asia, Australia and New Zealand.
Mr. Sullivan joined ACE in 2002. With more than 30 years of experience in the insurance industry, Mr. Sullivan has held senior underwriting and general management positions in Europe and Asia Pacific. Prior to his role as Regional President, which he assumed in 2010, he served as Executive Vice President and Chief Operating Officer for Asia Pacific, and prior to that he served as Country President of ACE’s Australia and New Zealand businesses.
Juan Luis Ortega will succeed Mr. Sullivan as Regional President, Asia Pacific, with overall responsibility for the general management and business results of the commercial and personal property and casualty and personal accident insurance operations in the region’s 12 countries and territories.
Currently Mr. Ortega serves as Senior Vice President and Head of Accident & Health for the region. Mr. Ortega joined ACE in 1999 and assumed his current position as head of the region’s accident and health insurance business in 2010. Prior to this assignment, he was the Senior Vice President and Regional Head of Accident & Health for ACE’s Latin America operations.
Previously, he served as Country President for ACE in Chile from 2005 to 2008 and has held other senior management positions with ACE in Mexico, Miami, Puerto Rico and Ecuador.
In a related appointment, Paul McNamee has been named Deputy President, Asia Pacific.
Currently Division President, North America Property & Specialty Lines, Mr. McNamee will lead the commercial P&C business in the region as well as have direct responsibility for several key strategic markets.
Mr. McNamee joined ACE in 1995 in Australia and was named Head of Property and Technical Lines for Asia Pacific in 2002, based in Singapore. Mr. McNamee went on to become the Chief Operating Officer for ACE in Hong Kong before being posted to London in 2005 as the Executive Vice President and Head of ACE’s International Property & Technical Lines business. He assumed his current role in North America in 2009. ■