As it expands its workforce, the company plans to add Dr. Frank Ellenbürger and Yasuko Fukuda to its board, according to Global Reinsurance.

Ellenbürger has been designated as the fourth independent director, and Fukuda as the third representative of the shareholders. Both of them started their new jobs in April 2024.

Serving as a global reinsurer, MS Reinsurance offers insurance businesses all over the world risk management solutions.

MS Reinsurance is an essential component of the global financial ecosystem, focusing on providing financial stability and security within the insurance sector.

Fukuda joins MS Reinsurance in her new position with more than thirty years of expertise. She has been a lengthy member of the MS&AD Insurance Group and has occupied a number of executive roles in the corporate planning and finance departments.

Fukuda most recently oversaw accounting and global supervisory operations as MSI's Managing Executive Officer.

Ellenbürger is a seasoned specialist in the insurance industry with a wealth of worldwide experience.

He oversaw the creation and implementation of global growth plans while holding the position of Global and European Head of Insurance at KPMG. Ellenbürger is a specialist in change management, corporate governance, and technical accounting.

The Swiss Financial Market Supervisory Authority (FINMA) must still approve the change. Ellenbürger will further strengthen MS Reinsurance's governance structure when she is approved and takes on the position of Chair of the Company's Audit Committee.

The new positions have delighted the board, according to MS Reinsurance Chairman Martin Albers, who said, "The Board is pleased to welcome Yasuko and Frank to MS Reinsurance's growing business." Frank's consulting experience and broad understanding of the global insurance industry, along with Yasuko's years of devoted service to MSI, will be highly valued assets that will significantly support MS Reinsurance's ongoing strategic development as our company grows and faces new challenges.