Catalina Holdings, a supplier of capital administration and danger switch options to the worldwide P&C insurance coverage sector, has appointed two new CEOs as a part of its continued effort to bolster its world enterprise. Loh Wei-Lyn has taken over as CEO of Asia and Luann Petrellis has assumed the CEO position within the US.
Loh took over as Asia CEO on May 16, following Martin Kauer’s retirement. She has held numerous management roles in Catalina’s Asia Capital Re, having served as chief working officer previous to her newest appointment. As CEO in Asia, Loh is ready to hunt new alternatives to broaden Catalina’s presence within the area, working intently with APAC head for world distribution Malcolm Steingold.
“Asia is a key progress area for Catalina, and I’m privileged to have the option lead an skilled and competent staff in Singapore with Malcolm to chart the trail for Catalina Asia as a number one retrospective transactions supplier for Asia, Middle East and Australasia,” mentioned Loh.
Petrellis, in the meantime, assumed the US CEO position from Amy Gallent on July 11. Before becoming a member of Catalina, she was an unbiased business advisor and guide, specializing in insurance coverage restructuring laws. In addition to this, Petrellis served as managing director of PwC in Philadelphia.
“I’m excited to be becoming a member of Catalina and already really feel a part of the staff. Catalina has an thrilling future, and I’m thrilled to be part of the Group,” mentioned Petrellis. “My current expertise within the altering face of regulation and laws within the US will deliver new alternatives for Catalina, ones that I hope we will work with cedent companions on collectively.”