News | 25 Aug 2026 Back
Ocean Re is pleased to announce the appointment of Pedro Fernandes as Chief Financial Officer (CFO), reinforcing the company’s executive leadership team as it continues to advance its strategic growth agenda and strengthen its position in the global reinsurance market.
Pedro Fernandes joins Ocean Re with extensive international experience in finance, business leadership, and strategic management. Throughout his career, he has held senior leadership roles across the insurance and financial services sectors, contributing to organizational growth, operational excellence, and long-term value creation.
In his new role, Fernandes will be responsible for leading Ocean Re’s global finance function, overseeing financial strategy, capital management, planning and reporting, while supporting the company’s continued expansion and long-term business objectives.
“I am excited to join Ocean Re at such a pivotal stage in its development. The company has established a strong reputation for innovation, agility, and client focus, and I look forward to working with the leadership team to support its ambitious growth plans and create sustainable value for clients, partners, and stakeholders,” said Pedro Fernandes, Chief Financial Officer of Ocean Re.
Diego Cervantes-Knox, Chief Executive Officer of Ocean Re, welcomed Fernandes to the organization and highlighted the importance of the appointment for the company’s future:
“We are delighted to welcome Pedro to Ocean Re. His extensive financial expertise, international perspective, and proven leadership capabilities will be instrumental as we continue executing our long-term strategic vision. Ocean Re has entered an exciting phase of growth, and Pedro’s experience will further strengthen our ability to deliver sustainable performance, maintain financial discipline, and capitalize on new opportunities across our markets.”
Diego added:
“Beyond his professional accomplishments, Pedro brings a collaborative leadership style and a deep understanding of the financial and risk management environment. We are confident that his contributions will help accelerate our evolution as a leading reinsurance platform and create even greater value for our clients, partners, and shareholders.”
The appointment reflects Ocean Re’s ongoing commitment to investing in world-class talent and strengthening its executive team to support the company’s next chapter of growth and innovation.
About Ocean Re
With more than two decades of experience, Ocean Re operates from Barbados, Panama, Mexico, Colombia and London, serving clients across the Americas, Europe, MENA, and Asia. The company follows an agile and dynamic operating model designed to deliver innovative solutions supported by an A (Excellent) rating from AM Best and an A- rating from Fitch Ratings. Ocean Re provides reinsurance support across key lines including Life, Health, Property, Casualty, Surety, Financial Lines, and other specialized risks, through facultative placements and treaty reinsurance programs.