MS Amlin chief risk officer steps down

Lloyd’s global specialty (re)insurer  MS Amlin Underwriting's (MS AUL's) chief risk officer Vishal Desai is leaving the company for personal reasons. A new interim CRO has been appointed from  PwC.

James Maxwell will take up the role on July 5, subject to regulatory approval.

He has more than 25 years of experience in financial, operational and enterprise risk management, and joins MS AUL from PwC where he served as a partner in its assurance division and led PwC’s risk, governance and controls proposition for insurance.

Prior to joining PwC, Maxwell was the chief risk officer at oil & gas company BG Group. He also worked in EY’s financial services risk management team for many years in both London and Sydney, and has also worked in South Africa, Switzerland and the US.

Johan Slabbert, CEO, MS AUL said: “I am pleased to welcome James to the team. He brings a strong track record in advising large-scale, international firms on risk management, governance and business resilience, and his years of experience at top consulting firms will ensure that he can hit the ground running and support a smooth transition and continuity for MS AUL’s Risk function."

He added: “Vishal Desai has made the difficult decision to step down from his role as Chief Risk Officer (CRO) following changes in his personal family circumstances. In the short time Vishal has been with us he has proved himself to be a valuable member of the Executive team and we will be sorry to see him leave. We wish him the very best for the future.”

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