Lockton Strengthens Asia Leadership With New CEO Appointments in Malaysia and India

To continue building Lockton’s regional capabilities while staying deeply connected to our local markets, Lockton is recalibrating its leadership across Asia to better serve clients, drive growth, and elevate our specialist expertise.

We are pleased to announce that Nicholas Lee (Nick) has joined Lockton Sime as CEO Designate of Malaysia, bringing more than two decades of experience across insurance broking, risk management, analytics, catastrophe modelling, bancassurance, and strategic consulting. With a career spanning Malaysia, Australia, and Singapore, Nick brings a regional perspective and a proven ability to build businesses, elevate teams, and strengthen long-term client partnerships.

Nick returns to Lockton with a strong track record in strategic sales leadership, client advisory, and business growth across APAC. Most recently, he served as Director, Head of Client Coverage, Insurance Solutions, APAC, at Moody’s Analytics, where he led regional client coverage, managed key accounts, and supported insurers, reinsurers, and brokers in catastrophe risk modelling, reinsurance optimisation, account modelling, portfolio analytics, AI-enabled insights, and digital transformation.

Beyond his corporate roles, Nick founded his own consultancy focused on emerging risks, strategic growth, and insurance transformation, advising insurers, reinsurers, and brokers on how to harness data, analytics, and AI to improve performance across the value chain. He previously contributed to Lockton Singapore, where he supported major insurance programmes for landmark projects and multinational clients.

Nick brings strong capabilities in C-suite consulting, complex solution selling, portfolio and project management, and building long-term client partnerships. He is also passionate about developing talent through mentoring and industry engagement.

As part of this transition, Mohamed Yahya Ibrahim will assume the role of Special Advisor to Lockton Sime. Lockton Asia is grateful to Yahya for his stewardship of the Malaysia business, which spans over 12 years over two separate spells.

We are delighted to welcome Nick back to Lockton and congratulate Yahya on his new advisory and leadership role. Their combined experience, energy, and commitment to client success will further strengthen our capabilities and support our continued growth in Malaysia and across the region.

In India, one of our fastest‑growing markets, Dr Sandeep Dadia has transitioned from CEO to Non Executive Officer of Lockton India, continuing his connection to the business he established in 2024. We deeply appreciate the significant growth he has driven over the past two years. He utilized his passion as an entrepreneur to create the fastest growing new licensed broker in India. He provided the energy to transition the company from a start up into a fully operational broker and we know that, with Sandeep wanting to pursue entrepreneurial activities, other ventures will now benefit from this same zeal to grow new operations.

Jaideep (Jay) Sharma takes on the role of CEO of India, subject to regulatory approval, ensuring strong continuity and momentum, bringing extensive global leadership experience across complex multinational operations. Jay will continue in his dual role as Regional Head of Specialties for Lockton Asia and will base himself in Mumbai.

Jay began his career with Marsh Aviation, later becoming CEO of Marsh Saudi Arabia, where he doubled revenues, improved margins, and led the firm to become the No.1 broker in the country for the first time in 40 years. At Aon, he served as Market Leader for Connecticut, overseeing a 250‑person operation across Risk, Health, Wealth, and Human Capital, leading the office to win “Office of the Year” in 2018. Recognized for fostering growth, improving performance, and building inclusive, high‑achieving teams, Jay brings deep expertise across Specialties, facultative reinsurance, and talent development—strengthening Lockton’s ability to deliver market‑leading solutions to clients.

“Nick and Jay represent the very best of our industry—leaders with deep expertise, global perspective, and an uncompromising commitment to putting clients first,” said Tony Hardy, CEO of Lockton Asia.

These leadership appointments reflect Lockton’s continued commitment to strengthening our regional capabilities while staying deeply rooted in the needs of each local market. With Nick Lee driving our growth in Malaysia and Jay Sharma leading our momentum in India, we are well-positioned to deliver even stronger client outcomes across Asia.

Lockton remains focused on empowering clients with specialist expertise, data‑driven insights, and the unmatched service culture that sets us apart.