Kenneth Kwok was formerly chairman of Falcon Insurance

Marsh has announced the appointment of insurance industry veteran Kenneth Kwok as Hong Kong chairman.

Kwok will focus on unlocking Marsh's potential in Hong Kong, forging new relationships within the local business community and further strengthening the team currently in place.

Kwok is a seasoned insurance professional with over 40 years’ experience in all aspects of insurance, from broking to underwriting in Hong Kong and internationally.

Most recently, he was chairman of Falcon Insurance Hong Kong, a unit of

Canada's Fairfax Financial Holdings, and previously held senior positions at HSBC Non-Life Holdings, Lombard Insurance Group and Jardine Insurance.

He will work alongside Marsh Hong Kong CEO, David Jacob, and reports to Paul Wilkins, CEO for Greater China.

Commenting on the appointment, Wilkins said: “I am extremely pleased to have Kenneth on board in Hong Kong, a critical market for Marsh in Asia.

“Kenneth’s depth of experience in risk management will greatly benefit our current and future clients in Hong Kong, playing a critical role as we continue to grow our franchise across Greater China.”

Commenting on his appointment, Kwok said: “I’m thrilled with the opportunity to be part of the world’s leading risk management and insurance broking firm.”

“Hong Kong is a market where Marsh has the potential to grow even further, providing significant value to businesses of all sizes and across all industries. Risk and risk management is clearly taking a front seat in 2009 for businesses in Asia against the backdrop of unprecedented global uncertainty.

“I look forward to helping Marsh Hong Kong build on its growth trajectory to become the leading risk advisor and insurance broker in the market.”