Specialty re/insurer Canopius has announced the appointment of Soon Keen Lee as CEO of Asia-Pacific and Middle East & North Africa, subject to regulatory approval.

Canopius Group has announced the appointment of Soon Keen (SK) Lee as CEO of Asia-Pacific (APAC) and MENA (Middle East & North Africa), subject to regulatory approval.

Lee will join Canopius “before the end of Q2 2024”, the specialty re/insurer said.

She will report to the group CEO of Canopius, Neil Robertson, and will join the Canopius group leadership team.

She joins from AIG APAC, where she most recently served as head of commercial property and SME for APAC.

Soon K Lee

At AIG, SK managed the Asia Pacific commercial property and SME portfolio.

Her most recent tenure at AIG was the second time she had worked at the underwriter, previously holding a number of property underwriting and management roles over a decade at AIG Malaysia and Singapore.

She also previously held both senior insurance and treaty roles at Catlin and Aspen Re Singapore.

Lee will lead Canopius’s APAC business unit across both Singapore and Australia, taking over from long-time Canopius APAC CEO Mark Newman, who recently moved to become UK CEO in London.

She will lead the regional executive committee, and is charged with continuing to evolve Canopius’s APAC operations, which grew by 35% in 2023. 

Neil Robertson said: “We are delighted to welcome SK to Canopius. I believe she has all the qualities necessary to help us take the next step in our exciting journey in the region.

“SK brings fantastic experience, a deep knowledge of the market and her leadership style will complement our strong positive and winning culture,” Robertson added.