Lee Heads Capital Insurance Group
David Lee has now been appointed as the group chief executive officer for Capital Insurance group of companies.
Chairman of Capital Insurance Group Michael Koisen announced in April.
Mr Lee, pictured right, had been acting in the role since November 1, 2019.
He has strong technical, commercial and leadership background with more than 15 years insurance industry knowledge across a broad range of disciplines in both life and general insurance abroad and locally.
Before this appointment, Mr Lee has been with the company since September 2017 and has held senior executive roles including group chief insurance officer and general manager of Capital Life within the Group.
He is highly regarded as an effective leader and is well respected.
Mr Koisen said: “The board of directors has every confidence in Mr Lee to lead the Group and its subsidiaries through its next phase of growth.”
Mr Lee said, “I thank the board for their trust and confidence, and I look forward to continue working very closely with them and the executive team to exceed client and shareholder expectations, and to deliver value to the more than 400,000 Papua New Guinean shareholder members that we represent.’’
“On behalf of Capital Insurance Group and its subsidiaries, we look forward to working very closely with him to take the group forward,” Mr Koisen said.