Catalina appoints CEOs for Asia and US

Catalina Holdings (Bermuda) has announced the appointment of Loh Wei-Lyn as chief executive officer (CEO) of Asia and Luann Petrellis as CEO of the US.

Loh assumed the CEO role of Asia on 16 May from Martin Kauer upon his retirement. She was the chief corporate officer prior to her last held role as chief operating officer under Catalina for Asia. She will work with Malcolm Steingold to seek new opportunities in the Asian market.

Loh said: “Asia is a key growth region for Catalina, and I am privileged to be able lead an experienced and competent team in Singapore with Malcolm to chart the path for Catalina Asia as a leading retrospective transactions provider for Asia, Middle East and Australasia.”

Petrellis joins Catalina on 11 July taking over the role from Amy Gallent who will be retiring later in the year. Her most recent experience was as an independent industry advisor and consultant, with a particular focus on insurance restructuring legislation in the US market. She is also a former managing director of PricewaterhouseCoopers in Philadelphia.

Petrellis said: “My recent experience in the changing face of regulation and legislation in the US will bring new opportunities for Catalina, ones that I hope we can work with cedent partners on together.”

Ian Parker, Catalina’s group CEO, added: “Together they will work with the rest of the executive team to execute the strategy agreed by the board and shareholders Apollo and RenaissanceRe. The team at Catalina is a very strong one, and I am proud to lead them.”