Singapore:Oneglobal Broking opens office

London-headquartered Oneglobal Broking has established a presence in Singapore in the form of Oneglobal Broking Singapore, which has received regulatory in-principle approval from the Monetary Authority of Singapore.

Oneglobal’s strategy is to build out its operations in Asia, of which the establishment of a Singapore company is a key element and follows its announcement of the opening of Hong Kong in August this year, with further offices and senior broker hires to follow, the broking company says in a statement.

The new business will be led by Mr David Lum, who is appointed chairman and will report to Oneglobal chairman Mr Jonathan Palmer Brown, and CEO Ms Sirikit Oh, who will report to Mr Mike Reynolds, CEO Oneglobal.

Mr Lum is a distinguished broker leader in Singapore and across Asia, with more than 30 years of experience serving clients. Ms Oh is a highly experienced international broker with more than 20 years of experience, latterly at Willis Towers Watson, where she was Asia Head of the Technology, Media and Telecommunications practice, having previously held senior regional broking roles at Marsh and Aon.

Owned by renowned financial services investment firm JC Flowers, Oneglobal was established from the merger of SSL and Endeavour in 2018.

Source: Asia Insurance Review