Big leadership shake up at Fairfax India and Asia

Fairfax Financial Holdings has unveiled major leadership changes in Asia. Prem Watsa is stepping down as chairman of Fairfax India after nearly nine years, with his son, Benjamin (Ben) Watsa, appointed as his successor. Additionally, the company has appointed a new chair and CEO for Fairfax Asia, as well as a new chair for Singapore Re and new CEO for India.