EeLain Ong has taken over as chief financial officer (cfo) of international freight transport and logistics insurer TT Club.
Outgoing cfo Julian Chowdhury has retired from the business. Ong’s challenges will be to achieve business plan profit targets via operational efficiencies focussed on simplifying and automating processes along the insurance value chain, said TT Club.
Charles Fenton, ceo of TT Club, commented: “TT is fortunate to have in EeLain someone of vast and varied experience so suited to the Club’s structure and nature of its business. Over her 27-year career she has held leadership positions within finance, treasury and tax at re/insurance companies, captives, mutuals, start-ups and Lloyd’s syndicates, and across multiple jurisdictions globally. She replaces a true professional in Chowdhury, who we thank for his long and tireless service of almost 30 years. We wish him a happy and fulfilling retirement.”