Forum for Directors of (re)insurance Undertakings
Jean-Michel has more than 30 years of experience in auditing banks and insurance companies. He started his career with Arthur Andersen in Paris, spent 5 years in Casablanca (Morocco), was promoted partner in 1998 and joined the Luxembourg office in 1999. Since the merger with Ernst & Young in 2002, he has exercised several management roles, including People Leader and Business Development Leader. From 2008 to 2013 he was the People Leader of the EMEIA FSO Assurance practice.
From 2012 to 2018, Jean-Michel has been the chairman of the Luxembourg institute of certified auditors (“Institut des Réviseurs d’Entreprises”).
His involvement in the insurance sector includes the following positions:
- Member of the Insurance commission of the “Haut Comité de la Place Financière” (higher committee of the financial sector, chaired by minister of finance);
- Chairman of the insurance commission of the “Institut Luxembourgeois des Administrateurs”:
- Member of the Accounting & reporting committee of the Commissariat aux Assurances (the Luxembourg insurance regulator).
Since 2018 he is the chairman of the board of EY Luxembourg.
Jean-Michel graduated from the Ecole Supérieure de Science Economiques et Commerciales (ESSEC) and is a certified public accountant in France (“expert-comptable”) and in Luxembourg (“réviseur d’entreprises”).
Brice is an Associate Partner dedicated to the insurance industry in the field of Audit, Regulatory and Transactions.
Brice has served a wide range of Luxembourg insurance companies, including the market leaders in their respective segments.
He coordinated the Luxembourg implications for several Brexit relocation projects for insurance companies. His support was mainly in the field of regulatory, accounting, actuarial, risks and operations.
Brice is the chairperson of the Insurance Commission of the Luxembourg Institute or auditors (IRE) and member of the insurance commission of the Luxembourg institute of independent directors (ILA).
Brice holds a master degree in management and economics from Reims Management School (Neoma).
DE WAERSEGGER Pierre-Michaël
Pierre-Michaël de Waersegger is a Partner in the Insurance & Reinsurance Law practice and the Banking & Financial Services practice.
Pierre-Michaël assists insurance and reinsurance companies, as well as banks and professionals of the financial sector regarding all Luxembourg legal and regulatory aspects of their activities. It includes licencing requirements, capitalising opportunities, merger and acquisition operations, and new products and services development.
His expertise includes advising on the implementation of AML/CTF, MIFID, PSD, CRD, Solvency II and IDD regulations, the drafting and review of contractual documentation as well as contacts with the regulators.
Pierre-Michaël’s expertise also encompasses legal advice on insurance products for financial institutions, investments companies and any other type of company having a need for insurance products.
He has been a member of the Luxembourg Bar since 2009 and was also a member of the Brussels Bar (Belgium) until 2013.
Pierre-Michaël sits at the board of various Luxembourg insurance and reinsurance companies, as well as the board of the Association Luxembourgeoise des Fonds de Pension (ALFP). He is also the legal representative in Luxembourg of Lloyd’s Insurance Company.
Pierre-Michaël de Waersegger holds a Master's degree in law from the Université Catholique de Louvain (Belgium) as well as a Master of Laws degree (LL.M.) in European law from the Institut des Etudes Européennes (Belgium).
Languages: English, French and reading knowledge of Dutch and Spanish
Emmanuelle Mousel is a Counsel in both the Insurance & Reinsurance and the Banking & Financial Services law practices of Arendt & Medernach.
Emmanuelle advises banks, investment firms and other financial sector professionals, as well as payment service providers, insurance and reinsurance undertakings, insurance intermediaries and insurance sector professional on regulatory, civil, commercial and insolvency law matters. Her areas of special expertise include licensing requirements, mergers and acquisitions, drafting and review of contractual and business documentation, as well as issues pertaining to anti-money laundering and anti-terrorism financing measures. She also advises on questions relating to pension funds.
In addition, Emmanuelle assists institutional clients with criminal and regulatory investigations and litigation cases.
Emmanuelle has been a member of the Luxembourg Bar since 2012 and joined Arendt & Medernach in the same year.
She holds a Master's degree in Law from the Université Libre de Bruxelles (Belgium) as well as a Master of Laws (LL.M.) in Corporate and Securities Law from the London School of Economics (United Kingdom).
Emmanuelle is a member of the Association Luxembourgeoise des Juristes de Droit Bancaire (ALJB) and belongs to working groups within the Association des Banques et Banquiers, Luxembourg (ABBL) and the Association des Compagnies d'Assurances et de Réassurances du Grand-Duché de Luxembourg (ACA).
She also helps facilitate professional training programmes with Arendt Institute.
Languages: English, French, German, Luxembourgish and reading knowledge of Dutch
David Arendt is a Partner of The Directors' Office, the leading practice of independent Directors in Luxembourg, which he joined in May 2017.
David is certified by L’Institut Luxembourgeois des Administrateurs (ILA) and INSEAD as a Director. David, whose career spans nearly 40 years, has worked in Europe and the US in law, finance and business.
Most recently he was Managing Director of Le Freeport Luxembourg (rebranded Luxembourg high security hub), a high tech/highly secure facility for storing and handling valuable goods and Executive Vice President and Chief Financial Officer of Cargolux, the all-cargo carrier based in Luxembourg. David is a lawyer by education and practiced law close to 10 years in Luxembourg, New York and Paris.
He has extensive experience in the fields of law, IT, corporate control, corporate finance, project management, budgeting, long term planning and administration.
Aude started her career in 1999 as an equity portfolio trader and portfolio manager in New York and London as well as a Senior Risk Arbitrage specialist for ICAP.
In 2009 Aude co-founded Link Management, an art wealth management firm and launched in 2017 an art-backed securitization fund with the banking Group Reyl & Cie to provide non-recourse art loans to collectors and offer asset-backed notes with fixed interest rates to investors.
Aude is a member of the Board of Directors and chairman of the audit committee of AXA Wealth Europe since 2016 and the Chairman of Equilibre, a Think Tank that promotes gender complementarity in middle and top management.
Since 2020 Aude is a member of the Board at Ruffer SICAV and Ruffer Protection Strategies, collective vehicles at Ruffer LLP and a member of the Board of Private Equity International.
John is a Partner of The Directors’ Office, the leading practice of independent Directors in Luxembourg since November 2011.
John trained and qualified as a Chartered accountant in the UK. He moved to Luxembourg in 1987. During the last 30 years John Li worked essentially in the Financial sector auditing and advising clients such as Banks, Investment Funds, Insurance companies, etc. Clients also were from Europe, US, Japan and Asia offering John an extensive experience in dealing with international companies. He now serves on the Board of a number of financial institutions, essentially investment funds.
John Li was a Partner at KPMG Luxembourg for more than 20 years during which he was Managing Partner for 8 years (2000-2008) before taking on the role of Chairman of the Supervisory Board for 3 years (2008-2011). He was also a member of the Leadership team of the Global Investment Management Practice in KPMG.
John is a member of the Management Committee and Board of Directors of the Institut Luxembourgeois des Administrateurs (ILA).
Stuart Parkinson was appointed Group Chief Executive Officer and Member of the Board of Directors on 1 April 2020.
Stuart has 30 years of international experience in banking and financial services having worked across Asia, Europe, Latin America and the US. He has significant experience in managing diverse teams and businesses, and bringing resources together across multiple geographies to enhance propositions to best serve partners and clients.
Most recently he was Global Chief Investment Officer of HSBC Private Banking, where he had global responsibility for products and investments, leading an international team of 800+ investment strategists, investment counsellors, product specialists and wealth advisers. Previous roles at HSBC include: CEO Global Research, based in London; Deputy Chief Executive Officer of HSBC Mexico, based in Mexico City; Managing Director, Chief Operating Officer, Global Banking and Markets, Americas based in New York; Director of European Telecoms, Global Banking based in London; and Senior Vice President, Global Banking, based in Taipei.
An unwavering champion of diversity and inclusion, Stuart is a strong advocate of nurturing diverse teams as a key value driver in delivering innovation, enhanced collaboration and more successful outcomes across an organisation.
A father of two daughters, he is also passionate about helping young people develop the technical skills required to succeed in a rapidly evolving global economy. In his spare time, Stuart enjoys gardening and is an avid sportsman playing golf, running and going to the gym.
Stuart graduated from Loughborough University with a BSc (Hons) degree in Banking and Finance, Corporate Finance and Securities Law.
Charles Cahoua, associate, is a member of the Banking & Finance Practice Group in our Luxembourg office. He specialises in regulatory matters with a particular focus on insurance law.
Charles joined the Banking and Finance Practice Group in our Luxembourg office in September 2017. Prior to that he worked as a compliance officer at a major international insurance undertaking in France handling life insurance agents and saving products. He also previously worked as a legal adviser at the French insurance and bank regulator.
He holds a Master degree in Insurance Law from the University of Paris II Panthéon Assas and is called to the Bar in Luxembourg.
Michael Schweiger is a partner at Loyens & Loeff Luxembourg where he leads the financial regulatory practice. He provides clients with strategic banking, regulatory, and corporate governance advice.
Prior to joining the firm, Michael spent over a decade at Royal Bank of Canada’s European subsidiary in Luxembourg where he was a member of the Executive Committee with direct accountability to the European Central Bank. He led a team with responsibility for all legal matters in Continental Europe and the Channel Islands.
Michael also served as Senior Subsidiary Governance Officer, EMEA (ex UK) with responsibility for all subsidiary governance matters within RBC across its business platforms in Europe. He served as Company Secretary to multiple group companies and is specialized in corporate governance within financial institutions. Recent expert engagements for corporations and public institutions have focused on board liability, the role of the chair, and corporate governance regulation throughout Europe, Asia, and Africa. Michael is actively involved in the Luxembourg Bankers’ Association (ABBL) and the Luxembourg Institute of Directors (ILA), where he has dedicated significant time to enhancing corporate governance within financial institutions. In 2021, he was elected as an Associate of the Chartered Governance Institute UK & Ireland and is a Chartered Secretary.
Prior to relocating to Luxembourg in 2008, Michael practised corporate, commercial, and insolvency law in Canada. He is called to the Bar in Canada, England, and Luxembourg and speaks English, French, and German.
Philippe is founder and Managing Partner of ABIL S.A., a company providing risk management and insurance brokerage services. His past experience includes positions as insurance broker, financial institutions underwriter, reinsurance treaties broker, insurance and operational risk manager for a major banking group and General Manager of the Luxembourg branch of an international insurance company
Philippe holds a master degree in economics from UCL-Mons, Belgium, a master degree in financial risk management from Université St-Louis, Belgium and is a CFA charterholder.