The current CEO of BPL Singapore, Harry McIndoe, is set to return to London to take on a new management role within the BPL Global Group following nine years in Asia, with Hayley Ek assuming responsibility over the coming months.

McIndoe helped establish BPL’s Singapore office in 2012 and has been instrumental in both growing the client base and building one of the largest specialist teams in the region. McIndoe will remain a Board Member of BPL Singapore and continue to be involved with the firm’s strategy in the region while supporting Ek in her new role alongside BPL Global’s Head of Asia Pacific, Peter Gilbert, who remains in Singapore.

Ek has been with the firm for eight years. She will report directly to BPL Global’s Managing Directors, James Esdaile and Sian Aspinall, who are based in the broker’s headquarters in London.

James Esdaile said: “We are very grateful for Harry’s service in Singapore over the past nine years which has helped us establish a leading credit and political risk insurance (CPRI) broker platform in Asia. Moreover, we are delighted to give Hayley the opportunity to take on the role of CEO of BPL Singapore. Hayley has long been a key member of the Singapore office and is more than ready to take on this new challenge.”

McIndoe said: “I am hugely proud of what we have achieved as a team in Singapore over the past nine years and I am very excited to pass on the reins to Hayley. She is well known in the CPRI market for her expertise and client-centric approach, and will do a fantastic job of both running the team and achieving our strategic goals. We have come a long way since our inception in 2012, with the BPL Global brand now firmly established with many of the region’s leading banks and corporates. I have every confidence that Hayley will help steer the business to new heights as we approach our second decade in the region.”

Ek said: “I am humbled by this opportunity to lead the BPL Singapore team and am grateful for the faith that BPL Global has shown in me. In addition to assuming my new responsibilities, I will remain closely involved in servicing my existing portfolio of loyal clients and helping to grow their use of the CPRI market. I am very excited about the role and look forward to contributing to the Singapore team’s continued success.”

In tandem with these developments, BPL Singapore has also made a new hire who will be joining the team in early May.