Bermudian-based Vantage Group Holdings Ltd has promoted Lila Granda to the position of head of Political Risk and Credit.

She will join the group’s Insurance leadership team and report to Alex Blanco, Insurance chief executive.

As head of PRC, Ms Granda will assume leadership responsibilities for the respective team and oversee the group’s PRC portfolio, ensuring discipline, diversification, and consistent application of PRC underwriting strategy and risk appetite. She is also the senior risk manager of Political Risk and Credit.

Mr Blanco said: “We’re delighted to announce Lila’s promotion to head of Political Risk and Credit. She has been a valuable team member, and her extensive experience and deep understanding of the global political landscape have been instrumental to our success.

“We’re confident that she will lead our team to new heights, continue to help our clients navigate today's dynamic risk environment, and further build our momentum toward sustained profitability.”

Ms Granda joined Vantage in 2021 as a Political Risk & Credit senior risk manager.

She said: “I am thrilled to take on this role at Vantage. As the global political landscape continues to evolve, it’s more important than ever to have a deep understanding of the risks and opportunities it presents. I look forward to leading our team in providing our clients with the insights and solutions they need to navigate this complex environment.”