MNK Group appoints new Group Chief Risk Officer

Alex Noorbaccus, new Chief Risk Officer at MNK Group, brings two decades of experience in risk management, including at Lloyd’s, where he supported the implementation of Solvency II requirements. He will be responsible for accelerating the development of MNK Group’s risk management framework and rolling it out as the Group continues to grow its offices and geographical reach.

MNK Group was launched earlier this year, to enable greater integration between the broking, managing general agent (MGA), and risk-taking entities it oversees. As well as offering clients a fully comprehensive service, the move has strengthened the connection between teams across the UK, Europe, North America, Latin America, Africa, the Middle East, and the Far East.

On his appointment, Noorbaccus commented: “MNK Group has been on a significant growth journey, and this is absolutely the right time to strengthen our controls and make sure that we are working together effectively. I’m excited to understand the business back-to-front and help generate a positive culture that our teams buy into and that supports further growth.”

Manoj Kumar, Group Chairman and Managing Director at MNK Group, added: “Alex is the perfect person to lead our risk controls work. He has extensive experience and consistently been successful overseeing complex projects. I am confident that he will help us drive our business to the next level and continue to innovate and provide the best solutions for clients.”

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