Clementi to leave MS Amlin, Slabbert takes over as CEO

Lloyd’s (re)insurer MS Amlin Underwriting Ltd has named Johan Slabbert as CEO, taking up the post from November 1st, subject to regulatory approval.

Slabbert succeeds Tom Clementi, who is leaving the firm after four years as CEO. Clementi will remain with the business until the end of the year to support a smooth transition and regulatory handover. Clementi originally joined MS Amlin in 2007 and had held a number of leadership roles across the MS Amlin group of companies over the last decade.

Slabbert will step down from his position as Chairman of the MS AUL board. Martin Hudson, currently a Non-Executive Director for MS AUL and Chair of the Underwriting Oversight Committee, will act as interim Chairman, subject to regulatory approval.

Slabbert joined MS AUL in May when he was appointed a Non-Executive Director and Chairman of the Board. He began his career at AIG before joining Chaucer as CFO, where he was also CEO for two years, and served as Operating Partner and CEO of Augustus Specialty LLC. While at AIG, Slabbert spent six years in Japan and he had been working within the MSI group for some time in his role as Chairman of Mitsui Sumitomo Insurance Company (Europe) Ltd, a position he has held since 2017.

Tamaki Kawate, Director & Senior Executive Officer at Mitsui Sumitomo Insurance Co Ltd, said that “we would like to take this opportunity to express our sincere thanks to Tom, who has played a vital role as CEO in transforming and reshaping the business in challenging circumstances and laying the foundations for MS AUL’s future success. Since joining MS Amlin in 2007, Tom has undertaken a number of leadership roles, latterly for MS AUL, which he leaves well positioned for the next phase of its strategic development as well as for future growth. We are immensely grateful for the dedication, expertise and leadership he has demonstrated throughout the years and wish Tom every success in his next endeavour.”