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Yong Suk Kwon promoted to Head of Swiss Re’s Korea branch

Swiss Re has promoted Yong Suk Kwon to become the Head of the company’s Korea branch, effective December 1st, 2022, subject to regulatory approvals.

Current Head of Swiss Re’s Korea branch, Jonas von Oldenskiöld is set to leave the company after sixteen years with the organisation to purse new career opportunities.

When he takes on his new role, Yong will be responsible for overseeing the operations of the branch, as well as Swiss Re’s Life & Health (L&H) business in Korea.

Yong, who currently serves as Head L&H Client Markets Korea, has close to 30 years of experience of working within the L&H insurance industry.

He joined Swiss Re Korea in 1998 as a member of the Marketing Actuarial Services Team and relocated to Zurich in 1999. He would then return to Korea in 2001 to join the L&H client management team and was promoted to Head L&H Client Markets in 2012.

Prior to joining Swiss Re, Yong worked for Hyundai Life.

Yong’s current role will be succeeded by Sug In Jung (Jimmy). Jason Ha will lead the P&C Client Markets team in the interim and report to Anna Lee, Head of Client Markets, South Korea, Hong Kong & Taiwan.

Daisy Ning, Head L&H Asia, Swiss Re, commented: “We are glad to have found such a highly qualified individuals from within Swiss Re to step up in these leadership roles. It is a testament of the strength and depth of our talent pool. Yong’s depth of expertise and knowledge of the market positions him well to strengthen our growth in Korea.”

Victor Kuk, Head P&C Reinsurance SID, Swiss Re, added: “We would like to take the opportunity to thank Jonas, who has led the team since 2020. A valued member of the leadership team in Korea, he has contributed immensely to building strong client relationships and enhancing our growth in Korea. We wish him success in his next venture.”

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