MAPFRE Middlesea plc appoints Eduardo Perez de Lema as new Non-Executive Director

MAPFRE Middlesea plc on Monday (today) announced that Eduardo Perez de Lema has been co-opted to the Board of Directors as Non-Executive Director.

The decision comes after Jose Ramon Alegre resigned from his position at the start of the year.

Mr Perez de Lema’s appointment is intended to be with immediate effect as from 23rd February 2024, the date that the resolution was made. However, it remains subject to regulatory approval.

Mr Perez de Lema is a graduate of Business Management and Administration from the Pontifical University of Salamanca, Spain. In 1993, he joined the underwriting area within MAPFRE RE, the professional reinsurer of MAPFRE Group.

He was appointed Assistant General Manager, reporting to the General Manager in 2005, and three years later he was appointed Deputy General Manager. In 2011, Mr Perez de Lema was appointed General Manager, reporting directly to MAPFRE RE’s CEO. From 2005 up until 2023, he was CEO and Chairman of the Management Committee of MAPFRE RE.

He is presently CEO of the International Insurance Unit at MAPFRE, Director of MAPFRE S.A. and a Member of the same firm’s Executive Committee, as well as Chairman of MAPFRE Global Risks, Director of MAPFRE Internacional, Director of MAPFRE RE, and a Trustee of Fundación MAPFRE.

MAPFRE Middlesea, a subsidiary of Spanish multinational firm MAPFRE, was established in 1981 as the first insurance company transacting general business in Malta.