Sequant Re strengthens capital raising prospects
Global reinsurer Sequant Re has appointed Lola Myshketa, former head of asset management of Bermuda Commercial Bank, as executive vice president.
Myshketa will lead the capital raising and business development activities for Sequant Re, which combines insurance-linked securities (ILS) with Bermuda’s segregated account structure to offer a platform for the transfer and securitisation of insurance risks.
“Lola’s experience in capital markets, her talent and energy will be great assets to Sequant Re,” said Sequant CEO and founder, Guy Cloutier. “As a key member of the executive team, she will play an instrumental role in shaping the future of the Company.”
Myshketa said: “Guy and David have outstanding reputations and an enviable roster of connections in the re/insurance, capital markets and financial modelling industries. I am eager to build on this impressive foundation, but more importantly, I am thrilled to be part of a business model that has investors’ interests at heart.”
Myshketa brings 17 years of international experience in investments and capital markets to the team. She has a proven track record in raising capital for various alternative investment offerings, designing and executing the roll out of new products and opening new markets, while creating and implementing business structures and sales programmes that support a clear vision for business growth.
Prior to moving to Bermuda to lead the startup and the development of the asset management offering for the Bermuda Commercial Bank (BCB), she held senior positions in the Canadian private financial sector, where she specialised in alternative investments.
Prior to that she held various roles within the CIBC Group of companies, managing the financial affairs of high net worth individuals.