The Asian Captive Conference 2026 - Upcoming Events

Affendi Rashdi

Director General

Labuan Financial Services Authority

Affendi Rashdi was appointed as the Director General of Labuan Financial Services Authority for a two-year term effective 1 May 2025.

Prior to his appointment as the Director General of Labuan FSA, Affendi served as the Chief Services Officer of Bank Negara Malaysia (BNM), where he led the strategic vision and execution of the Bank’s Centralised Shared Services sector to ensure institutional excellence and the efficient delivery of services. Over the course of his career at BNM, Affendi held several pivotal roles, including Director of the Finance Department, Deputy Director and Manager of the Development Finance and Inclusion Department, as well as a core member of the Financial Sector Blueprint team.

Throughout his distinguished career, Affendi has been instrumental in the development of financial sector policies and regulatory frameworks, particularly in strengthening the role of Development Financial Institutions. His notable contributions include the review and enhancement of the Development Financial Institutions Act (DFIA) 2012, the corporatisation of Agrobank, the establishment of SME Bank, and the formation of the Cooperatives Commission of Malaysia as a regulatory body. He also made efforts in shaping central bank accounting best practices and provided strategic financial, tax, and treasury advisory to BNM’s management and Board. In addition, he played a key role in shared services strategy covering procurement, facilities management, administration, and security.

Affendi holds a Master’s degree from Harvard University and a Bachelor of Accountancy from Universiti Teknologi MARA (UiTM). He is a member of the Institute of Chartered Accountants in England and Wales (ICAEW), a Fellow of the Association of Chartered Certified Accountants (FCCA), a Chartered Accountant with the Malaysian Institute of Certified Public Accountants (MICPA), and a member of the Malaysian Institute of Accountants (MIA). He is also a Chartered Banker, certified by the Asian Institute of Chartered Bankers (AICB).

Ben Quah

Chief Executive Officer
Labuan IBFC Inc.

Ben Quah is the Chief Executive Officer of Labuan IBFC Inc., appointed to lead the jurisdiction’s next phase of growth as a premier international business and financial centre. With over 20 years of experience in fintech, digital marketing, and regional business development across the APAC region, he has established a strong track record in market expansion, ecosystem development, and cross-border collaboration.

He has spearheaded multi-jurisdictional platform launches, scalable growth programmes, and strategic partnerships with regulators, financial institutions, and technology providers. Known for his strategic clarity and values-driven leadership, he focuses on enhancing Labuan IBFC’s value proposition, deepening engagement with key markets, and advancing opportunities in wealth management, captive insurance, fintech, and Islamic finance.

Ben holds a bachelor’s degree in accountancy from Nanyang Technological University, Singapore.

Annie Undikai

Chairwoman
Labuan International Insurance Association (LIIA)

Annie Undikai is the founder, group managing director, and director of six subsidiaries within the Brighton International Group.

She holds a bachelor’s degree in Accounting and Computing from the University of Kent, UK, and is a member of the Association of Chartered Certified Accountants (ACCA) and the Malaysian Institute of Accountants (MIA). She is also a Certified Financial Planner with the Financial Planning Association of Malaysia (FPAM).

Annie began her professional journey as an auditor with Hanafiah Raslan & Mohamad in 1983, and later became Group Financial Controller at Evergloss Group of Companies.

In 1998, Annie joined Etiqa Offshore Insurance (L) Ltd as Head of Operations and Marketing. She had a brief role at Asian Runoff Management Services Sdn Bhd before founding Brighton Management Limited in 2005. In 2020, she established Park Lane PCC Limited, a Labuan captive insurer with a Takaful window, offering an affordable entry into captive insurance and reinsurance markets.

She’s the current Chairman of the Labuan International Insurance Association for the 2024-2026 term. In recognition of her leadership and industry contributions, Annie was named one of the Influential Women in Captive Insurance in 2024.

Danny Chen

Chief Editor
Asiacaptive.com & Captive Salon, China

Chief Editor of Asiacaptive.com and Captive Salon (WeChat), with nearly 28 years of experience in insurance broking, captive management and industry research. Starting his career as Account Manager at PICC Guangdong (1998–2001), he later held senior roles including Department Head at Shanghai Chenguang Insurance Brokers, Assistant Director (Branch Management) at Willis, Associate Director (Strategy & Marketing) & Head of Captive at Aon-COFCO, and Greater China Head of Captive at Lockton (2021–2024). He founded Asia Captive Network and acts as its Chief Editor from 2024 onwards.

He holds a Bachelor’s degree in Insurance from Guangdong University of Finance, an MBA from the University of South Wales, an MSc in Risk Management from the University of Southampton, and completed doctoral coursework in Advanced Finance at the Chinese Academy of Social Sciences. He is a guest professor at Fudan University and CUFE, teaching captive insurance and risk management.

An active researcher and policy contributor in captive insurance, he published The Theory and Practice of Centralised Insurance Management of State Owned Enterprises (2016) and featured in China Banking and Insurance News. He served as Chief Convenor of the Captive Insurance Professional Committee, China Insurance Society (2021–2024). He led study tours to Luxembourg, Bermuda, Lloyd’s and Guernsey in 2023, and undertook captive market development research for SAFR in 2024 supported by multiple major Chinese captive insurers.

Doreen Fadli

Acting Director
Market Development and Innovation Department
Labuan Financial Services Authority

Doreen Fadli is the Acting Director of the Market Development and Innovation Department at Labuan Financial Services Authority, where she spearheads strategic initiatives in policy formulation, tax development and business facilitation to strengthen Labuan IBFC’s position as a premier international financial centre. She leads the development and refinement of business and development policies and structures across key business segments to enhance competitiveness, ensure compliance and promote sustainable industry growth.

In addition to her core regulatory responsibilities, Doreen plays a strategic role in advancing Labuan IBFC's insurance and risk management ecosystem. She has been actively involved in developing policy initiatives to strengthen Labuan IBFC's insurance, reinsurance and captive insurance sectors, including the modernisation of the captive insurance framework and the introduction of new insurance business models to enhance Labuan's competitiveness as Asia's risk management hub. She also leads engagements with international regulators, industry associations and multilateral organisations to promote innovative risk transfer solutions and regional insurance collaboration.

Dr. Wong Hei

Managing Director
PSC Insurance Holdings (HK) Limited

As Managing Director of PSC Insurance Holdings (HK) Limited, Hei presides over the operation of PSC Insurance HK.

Hei first joined the insurance industry in early 1981, and since then has held senior positions at some of the leading insurance organisations in the Asia Pacific region. His valuable experience spans virtually all aspects of insurance services, from underwriting to risk and insurance management advisory services. In addition to his primary responsibilities of strategic business development, Hei also continues to provide invaluable risk management advice to his corporate clients.

Prior to his appointment as Managing Director of PSC Insurance HK, Hei was Director and Chief Executive of a Hong Kong based Nova Risk Services Ltd (formerly know as New World Insurance Group of Companies), an insurance brokerage group of companies which have a number of regional operations in countries such as Thailand, Singapore, Malaysia, Hong Kong, Macau and China.

Hei had been active in servicing the insurance industry. He was the founder of the Hong Kong Branch Executive Committee of Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and served as President for four years from 2002 to 2006. He was also one of the founders of BrokersLink, a Global Insurance Alliance covering over five continents. Hei was Chairman for the Asia Pacific Region operation and a director of BrokersLink Global Board from 2007 to 2013.

Hei holds a PhD degree in Finance. He is a fellow member by examination and a Honorary Life member of Australian and New Zealand Institute of Insurance and Finance (ANZIIF) as a recognition of his contribution and services to the ANZIIF and the insurance industry in greater China region. Hei currently serves as Chairman of Risk and Insurance Management Services, Guangdong-Hong Kong-Macao Bay Area Economic and Trade Association.

Gloria Chan

Head, Market Development & External Promotion
Hong Kong Insurance Authority

Gloria Chan is responsible for formulating strategies to strengthen the competitiveness of Hong Kong as a global insurance hub and risk management centre. She leads the efforts in carrying out stakeholder engagement, corporate communications and public education initiatives. Chan joined the Hong Kong Insurance Authority in 2023 as a senior manager and was promoted to the current role in 2026.

Prior to joining the Hong Kong Insurance Authority, Chan worked at the Hong Kong Monetary Authority, where she specialised in developmental work in asset and wealth management. Chan holds a bachelor of laws from the Chinese University of Hong Kong and a master of international relations from the University of Hong Kong.

Hardy Wang

Chief Executive Officer
Le'An Insurance Services

Hardy Wang is the Chief Executive Officer of Le’An Insurance Services, an MGA focused on group health products, with nearly 20 years of experience in health insurance, specialising in cross-border product innovation, risk management, and claims containment.

Ludan Wang

Chief Executive Officer
Datong International Director General Enterprise Risk Service Centre Datong Group

Ludan Wang is a highly recognised expert in risk management, specialising in blending innovative risk financing solutions with conventional insurance. Over the past 15 years, he has successfully built and scaled China's leading captive practice, serving as the trusted lead consultant and broker for the majority of Chinese-capitalised captives and mutuals; further, the insurance entities of Western MNCs coming to this region.

A respected industry authority, Wang acts as a strategic advisor to regulatory bodies and government agencies while maintaining deep partnerships with major global insurance domiciles. Prior to joining Datong, he held multiple regional leadership roles at renowned international brokerages across China, Asia, and Singapore.

He is a Certified Risk Management Professional (RIMS-CRMP), a member of the RIMS regional advisory group, and a CIP Fellow of ANZIIF. Notably, he was the first Chinese practitioner honored as a "One to Watch" in the Captive Review Power 50 ranking. Wang holds Executive MBAs from both INSEAD and Tsinghua University, alongside a Master’s and Bachelor’s degree from CUFE.

Luke Harrison

Journalist

Captive Intelligence

Luke Harrison is a proficient insurance journalist and has reported the sector since 2021. From 2021 to 2022, he worked as a Reporter for the online publication Insurance Insider. During this period, he focused on various specialty lines, such as Political Violence, Trade Credit, Construction, Product Recall, and more.

Luke joined Richard Cutcher at Global Captive Media in September 2022 as a Senior Reporter for Global Captive Podcast and Captive Intelligence.

He studied on the BJTC-accredited Broadcast Journalism course at the University of Leeds. Luke then went on to gain a scholarship to study for a Master’s in Financial Journalism at University of London. He is based in London but has also spent a brief spell studying journalism in Hong Kong.

Muhammed Amin Hassim

Senior Consulting Actuary
Bayes Actuarial Solutions

Amin is a qualified actuary with 20+ years of experience in insurance and reinsurance covering both retail and employee benefits insurance. He was part of the executive management team collaborating on strategy and transformation, as well as its operationalisation.

Amin led teams focusing on pricing and product development for the employee benefits segment, including disability insurance for employees. His experience primarily covers the South African, Malaysian and South Asian markets, with past placements in MCIS Life, Munich Re and Momentum.

Oliver Schofield

Head of Captive & ART Consulting

Principal Re Limited

Oliver Schofield brings more than 40 years of captive and ART experience to our clients. He has held a number of senior executive positions in the global captive and ART sectors since the mid-1980s. Oliver joined Principal Re in 2018 to develop their independent captive and ART consultancy arm in response to the growing demand from corporate clients for independent creative solutions to address the instability seen in the traditional insurance markets.

His particular focus has been the incorporation and reinsurance of captives, cell captives and association captives and a myriad of ART structures for a range of different industries from across the world. He has worked with some of the industry’s largest pure and cell captives, largest broker owned captives and leading group captives.

Oliver has been recognised as one of the most influential figures in the global captive industry having been a member of the "Captive Power 50" every year since 2021 and is a member of the Labuan International Insurance Association’s Captive Sub-Committee.

Oliver graduated from the University of Southampton with a BA (Joint Honours) in French and English.

Professor Chen Dongmei

Associate Professor of the School of Economics

Fudan University of China

Professor Chen Dongmei is an Associate Professor at the School of Economics, Fudan University, where she also serves as a Research Fellow at the university's Green Finance Research Center. She holds a PhD in Economics.

Her primary research focuses on risk management, insurance systems, and insurance law.

Satya Sundaram

Chief Executive Officer

Eximius Medical Administration

Sathya Sundaram has spent his entire career building the systems that keep Malaysia's healthcare administration running smoothly, and rising through them along the way. He joined Eximius Medical Administration Solutions (e-MAS) in 2013 as a Software Developer and Business Analyst, went on to lead the company's technology function as Head of IT from 2018, and in August 2019 was appointed Chief Executive Officer, a role he has held ever since.

Under his stewardship, e-MAS has grown into a Third Party Administrator (TPA) trusted across government, statutory bodies, and the private sector alike, a rare span that speaks to the strength of the systems and standards he has put in place. Where many providers specialise in a single segment, Sathya has positioned e-MAS to serve the distinct compliance, reporting, and service demands of public agencies, GLCs and statutory boards, and private enterprises, all under one roof.

Based in Kuala Lumpur, Sathya continues to expand e-MAS's footprint across Malaysia's healthcare ecosystem, while championing a wider vision of purpose-driven leadership, one that treats corporate growth, ethical entrepreneurship, and sustainable living not as separate pursuits, but as parts of the same mission.

Shermaine Tay

Deputy Director, Financial Markets Development Department

Monetary Authority of Singapore

Shermaine Tay leads a division in the Monetary Authority of Singapore (MAS) that aims to develop and promote the insurance industry and infrastructure finance ecosystem in Singapore. In her role, she formulates strategies and partners with industry stakeholders on initiatives to strengthen Singapore’s position as a hub to serve Asia’s growing risk and infrastructure financing needs.

Throughout her career at the MAS, Shermaine has held roles across both developmental and regulatory functions. Prior to her current appointment, she led efforts in financial sector workforce development and was involved in the regulation and supervision of capital market intermediaries. She also previously served in the strategic planning and organisational development function, where she worked on strengthening MAS’ institutional effectiveness.

Steve Tunstall

Deputy Director, Financial Markets Development Department

Monetary Authority of Singapore

With over thirty years of experience in building, leading, and future-proofing businesses across Asia, Steve is a seasoned executive who has served as Chief Executive Officer, Managing Director, and Chair, overseeing organisations with up to 500 employees.

He currently holds several Director and Chair appointments for Captive and Insurance-Linked Securities (ILS) vehicles regulated in Singapore, Hong Kong, Dubai, the Isle of Man, and Guernsey. He is also Co-Founder of the Pan Asia Risk and Insurance Management Association.

His previous leadership roles include Head of Compliance, Insurance, Legal, and Risk at Cathay Pacific Airways, Vice President of Risk at Genting Casinos, and Managing Director of Jardine Schindler Lifts Singapore.

Steve holds an MSc in Project Management & Risk, a BSc in Surveying, and a Diploma in Mechanical & Electrical Engineering. He is a member of several professional bodies, including MIRM, MBCI, MACostE, MSID, and MRICS.

Syahrul Imran Mahadzir

Deputy Director General, Regulatory Oversight & Technology

Labuan Financial Services Authority

Syahrul Imran Mahadzir is the Deputy Director General of Regulatory Oversight & Technology at Labuan Financial Services Authority (Labuan FSA). He leads the Authority’s regulatory policy, prudential supervision and technology functions. This entails overseeing the development of Labuan regulatory frameworks, supervision of Labuan financial institutions, and the digital transformation of Labuan FSA.

He holds a Master of Science in Actuarial Science from Heriot-Watt University, Edinburgh, Scotland, obtained in 2003, and is an Affiliate Member of the Association of Chartered Certified Accountants (ACCA), United Kingdom.

He has led major prudential reforms, including the implementation of Basel II and Basel III standards for Labuan banks, risk-based capital and solvency frameworks for insurers, takaful operators and captives, as well as modernising financial reporting practices in line with international standards.
His portfolio later expanded to include market development and strategic policy, where he helped shape Labuan IBFC’s long-term growth agenda. He has spearheaded strategic initiatives such as the Labuan digital financial services framework, business substance requirements, and the advancement of Labuan as a regional captive insurance hub.

Before joining Labuan FSA, Syahrul served in regulatory and risk leadership roles at Bank Negara Malaysia, MNRB Group and Perbadanan Insurans Deposit Malaysia (PIDM). With more than 28 years of experience, he brings extensive expertise in financial sector regulation, market development and planning, supervisory oversight and enterprise risk management.

Winnie Sun

Partner

Deloitte China

Winnie Sun is a partner with Deloitte Consulting actuarial and insurance solution. She's specialised in Property and Casualty insurance and managing Deloitte's P&C actuarial consulting practice in Great China.

Her professional specialism includes product pricing, actuarial valuation and financial reporting, actuarial and finance transformation, capital and risk management, predictive analytics, business planning, insurance market entry strategy, M&A and transformation. Her clients include the largest insurance groups, P&C insurers, captives and reinsurers in Great China.

Winnie is one of the solvency regulatory advisory committee members nominated by China Banking and Insurance Regulatory Commission and a frequent speaker at various industry events organised by Hong Kong Insurance Authority.

Winnie obtained her PhD in actuarial science, risk management and insurance from the University of Wisconsin, Madison in the US. Prior to joining Deloitte Consulting, she was with the insurance research institute of Ludwig Maximiliams University of Munich in Germany and another big four firm.

Sponsors

Supporting Partners

Media Partners