Growth in Hong Kong, Malaysia and other Asian markets helped sustain Prudential's year-to-date momentum as mainland China remained a drag on performance.
The executive has over a decade of experience spanning financial services, business development and strategic growth, particularly in private equity and the Greater China market.
The launch comes roughly 13 months after Yuexiu completed its takeover and said it would inject HK$1bn, or approximately US$128.5m, in additional capital.
The increase follows growing demand for committed capacity and marks the latest expansion of ACT, with facultative reinsurance emerging as a key area of growth.