From 1 August, EeLain Ong has taken his duties as the new chief financial officer (CFO) of international freight transport and logistics insurer TT Club.
Appointed in April, Ong replaced outgoing CFO Julian Chowdhury.
In her current position, Ong’s challenges will be to achieve the business plan’s profit targets through operational efficiencies focused on simplifying and automating processes along the insurance value chain, according to a statement.
“TT is fortunate to have in EeLain someone of vast and varied experience so suited to the Club’s structure and nature of its business. Over her 27 year career she has held leadership positions within finance, treasury and tax at re/insurance companies, captives, mutuals, start-ups and Lloyd’s syndicates, and across multiple jurisdictions globally,” said Charles Fenton, CEO of TT Club.
Ong is a graduate of Hull University and a Chartered Accountant (FCA). In addition to roles at re/insurance providers, she has previously had experience as a regulator, auditor and corporate financer of mergers and acquisitions.
“I see the strength of TT as a reliable and expert risk management provider for organisations in the global supply chain sector which is continually undergoing disruption. My role in part will be to help maintain TT’s agility to adapt to this changing trade environment, yet remain consistent in delivering renown service and claims efficiency,” commented Ong.
