Great Eastern has appointed Hicham Raissi as managing director and group head of general and group insurance, effective Thursday (1 October), the Singapore-based insurer announced.
Raissi joins from Allianz Insurance Singapore, where he was chief executive from July 2019 and is credited with building and scaling its general insurance business across the retail, SME and mid-corp segments. He first joined Allianz Group in 2011 in corporate finance and became country manager for Africa in 2014. From 2016, he ran the group’s Africa, Middle East and India business division from Munich.
“Hicham joins us at an important time for our General and Group Insurance businesses,” Great Eastern said. “His international track record and proven ability to build and grow businesses will help shape their next phase of growth.”
Jimmy Tong led Great Eastern’s general and group insurance in Singapore for 10 years before he left to become Liberty’s Singapore chief executive in April.
Following Raissi’s departure, Allianz Insurance Singapore named chief operating officer Bi Ying Ong as his successor, also effective 1 October.
