QBE Taps Its Asia CFO Tay Siang Leng for Wholesale Markets Interim CEO Role

Siang Leng helped set up the Wholesale cluster, according to the firm. He also sits on the boards of QBE Singapore, India, QBE Asia Pacific Holdings, and QBE Asia Services, and chairs QBE Vietnam. He has taken over day-to-day responsibilities in Wholesale Markets Asia and will step away from his finance role during the transition to keep operations running for partners and customers, QBE Asia said.

His past roles include VP and CFO at Allied World Assurance in Singapore, CFO at RSA Insurance Singapore, finance manager for Asia Pacific at FM Global, assistant director for insurance supervision at the Monetary Authority of Singapore, accountant at the Singapore Ministry of Finance, and auditor at PwC.

QBE Asia is pressing ahead with its business transformation focused on digitalization, AI integration, wholesale markets, and P&I growth in the region, supported by recent hires in those areas.