Fortitude Re is expanding its presence in Japan with the opening of its Tokyo Representative Office, and has appointed Hajime Kawafuji as its Chief Representative.
Kawafuji is an experienced leader within the Japanese business community. He brings a broad range of investment and advisory experience to his new role.
He joins Fortitude Re from global investment firm Carlyle where he was a senior member of the Japan buyout advisory team. Before joining Carlyle, Kawafuji spent more than a decade at Nomura in its Investment Banking division.
As Chief Representative, Kawafuji will work closely with Leonard Lin, Head of Asia at Fortitude Re.
Alon Neches, CEO of Fortitude Re commented: “Our Representative Office in Tokyo further demonstrates our commitment to Japanese clients. Under the leadership of Leonard and Kawafuji-san, we will build our presence in the Japanese market to ensure that local insurers can benefit from our company’s superior capabilities to support their financial and strategic goals.
In related news, Fortitude Re recently announced the closing of two reinsurance transactions with leading Japanese life insurance companies.