Fred Boles Appointed as Regional Head of Professional Finance and Credit Business in Asia; Deven Lim Appointed as CEO of Lockton Singapore
We are excited to share some important leadership transitions within our Singapore office as part of our ongoing commitment to accelerate Lockton Asia’s growth. These changes reflect our commitment to enhancing service delivery, fostering innovation, and willingness to invest which will drive our regional expansion. By strengthening our market presence, we aim to better meet the evolving needs of our clients and prospects while continuing to uphold our core values of collaboration and excellence.
Fred Boles, the current CEO of Singapore, will transition into the role of Regional Head of Professional & Financial Risks (ProFin) and Credit for Asia. In his new capacity, Fred will supervise the planning and delivery of Regional ProFin, including Cyber and Credit. He will work closely with local retail teams and regional and international specialists to design and implement strategies and services that enhance our service offerings both within Singapore and across the region. Furthermore, he will focus on driving revenue growth while identifying new territories for partnerships, alliances, and investments.
In his new position, Fred will continue to oversee key clients and initiatives in Singapore as an Executive Director and remain a member of the Asia Executive Management team and the Board of Lockton Singapore.
Deven Lim, who currently serves as the Chief Commercial Officer & Head of Corporate Risks, will take on the role of Chief Executive Officer of Lockton Singapore, effective October 1, 2024.
Deven has been a key player in the growth of our Singapore business over the past few years. His leadership of the Business Development team and the Corporate division has led to significant achievements.
As CEO, Deven will lead the Lockton Singapore retail team, emphasizing growth and organizational excellence. He will continue to nurture our unique Lockton culture, strengthening relationships with partners and the community as we embark on the next phase of our growth journey.
“Deven and Fred are both invaluable to the growth of Singapore and the Asian business. Their contributions in achieving our business objectives have been remarkable. We are confident that these transitions will further enhance our ability to serve our clients and drive our continued success as a team,” said Warren Merritt, CEO of Lockton Asia. “I look forward to the exciting developments ahead under their leadership.”