Lockton is pleased to announce the appointment of Alex Bursak as Regional Director, Credit, Asia, further strengthening the firm's capabilities and commitment to helping clients navigate an increasingly complex trade and credit risk landscape across the region.
Bringing nearly two decades of experience spanning trade credit insurance, corporate banking, and structured finance, Alex joins Lockton with deep expertise across Asia Pacific markets. Over the past 16 years in the region, he has built strong relationships across the banking, insurance, and broker communities while helping clients navigate complex credit and political risk challenges.
Prior to joining Lockton, Alex held several senior leadership positions across the insurance and financial services sectors. Most recently, he led multi-national businesses and Trade Credit Teams across Asia – driving growth, building and strengthening client partnerships and fostering high-performance culture.
Having lived and worked in Southeast Asia since 2009, Alex has built extensive knowledge of the region's markets and a strong network across the banking, insurance, and broker communities. His expertise in trade credit, credit risk assessment, market development, and leadership will be instrumental as Lockton continues to expand its Credit practice and deliver innovative, client-focused solutions that help businesses protect growth, unlock opportunities, and build resilience in an increasingly interconnected global economy.
“We are delighted to welcome Alex to Lockton,” said Frederic Boles, Head of Professional & Executive Risk and Credit, Asia. “His deep market expertise, proven leadership experience, and strong understanding of the credit risk landscape across Asia make him an outstanding addition to our team. As businesses face increasing economic uncertainty and supply chain complexity, Alex's experience will further enhance our ability to support clients with market-leading credit and political risk solutions.”
Alex Bursak added: “Today marks an exciting milestone as I step into my new role as Regional Director, Credit, Asia at Lockton. Over the past 16 years in this dynamic growth region, the most rewarding part of my career has been partnering closely with clients, business partners, and insurers to solve complex credit and political risk challenges.
“As businesses navigate an increasingly volatile trading environment and rising macroeconomic uncertainty, protecting balance sheets and unlocking liquidity require bespoke advice, deep market relationships, and an independent perspective. Lockton's entrepreneurial, client-first culture is built for precisely this challenge.
“In this new role, my commitment is simple: to bring deep regional expertise, expand our regional footprint, leverage the strength of Lockton's global platform, and deliver structured solutions that help clients navigate uncertainty, safeguard liquidity, and trade with confidence. I look forward to reconnecting with long-standing partners and building new impactful relationships across the region in the weeks ahead.”
Based in Singapore, Alex will work closely with Lockton's regional and global teams to further develop the firm's Credit capabilities, strengthen relationships with insurers and lenders, and help clients address the evolving challenges and opportunities across the region.
Please join us in welcoming Alex Bursak to Lockton and wishing him every success in his new role.