Berry Palmer & Lyle Ltd (BPL Global), a credit and political risk insurance (CPRI) broker, has appointed Peter Gilbert as chief executive for its Singapore subsidiary.
Gilbert moves from the company’s Hong Kong branch to replace deputy chairman Anthony Palmer, who was head of the Singapore subsidiary since 2012. Palmer will remain in charge of BPL Global’s Asia Pacific operations from the company’s London headquarters.
Margaret Ho, who joined BPL Global in January 2014, takes over from Gilbert as chief executive of the company’s Hong Kong branch.
BPL Global is an employee-owned specialist credit and political risk insurance broker established in 1983 with existing offices in London, Paris, Singapore and Hong Kong. It has over 70 staff and an annual premium volume in excess of $300 million.
Credit and political risk insurance covers exporters, traders, foreign direct investors and financiers against the effects of non-payment, government action,and political violence on their operations in emerging markets.
