MS Reinsurance announces two new appointments to its Board

Global reinsurer, MS Reinsurance has announced the addition of Yasuko Fukuda and Dr. Frank Ellenbürger to its Supervisory Board of Directors.

Fukuda has been appointed third shareholder representative director and Ellenbürger as fourth independent director, they both took over their new role in April 2024.

Additionally, Ellenbürger is to become Chair of the Company’s Audit Committee. Their election to the Board remains subject to approval by the Swiss Financial Market Supervisory Authority (FINMA).

An industry veteran, Fukuda brings with her over 30 years of experience and is a longstanding member of the MS&AD Insurance Group.

Most recently, she served as MSI’s Managing Executive Officer. During this time Fukuda was responsible for Accounting and International Supervisory. She also has previously held several leadership positions in Finance and Corporate Planning.

Throughout his career Dr. Ellenbürger has gained significant international experience having served at major global insurance groups in various countries. He has extensive experience in technical accounting, corporate governance and change management.

During his time at KPMG, he held the role of Global and European Head of Insurance, where he was in charge of developing and executing the global growth strategy.

In addition, Dr. Ellenbürger was a member of EIOPA’s stakeholder group and served as chairman of the insurance working group of Accountancy Europe.

MS Reinsurance Chairman Martin Albers commented: “The Board is pleased to welcome Yasuko and Frank to MS Reinsurance’s growing business. As our company matures and experiences new challenges, Yasuko’s extensive experience from years of dedicated service to MSI and Frank’s consulting expertise and widespread knowledge of the global insurance sector will be highly valued assets and will contribute meaningfully to supporting MS Reinsurance’s ongoing strategic development.”

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