MS Reinsurance, the global reinsurer with an office in Bermuda, has appointed Yasuko Fukuda and Frank Ellenbürger as third shareholder representative director and fourth independent director, respectively, to its supervisory board of directors.

Dr Ellenbürger will also become chairman of the company’s audit committee.

Their election to the board remains subject to approval by the Swiss Financial Market Supervisory Authority.

The company said Mrs Fukuda is an industry veteran with more than three decades of experience and is a longstanding member of the MS&AD Insurance Group.

Dr Ellenbürger is an international leader, board member and adviser.

MS Reinsurance chairman Martin Albers said: “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.”

MS Reinsurance is domiciled in Switzerland with underwriting offices in Bermuda, Zurich, Miami and New York.