AIA Malaysia undergoes leadership shakeup

AIA Malaysia undergoes leadership shakeup | Insurance Business

AIA Malaysia undergoes leadership shakeup

AIA Malaysia has appointed Andrew Loh as chief financial officer and Heng Zee Wang as chief marketing officer. Heng succeeds Eric Chang, who has been named CEO-designate of AIA General Bhd, pending the approval of its licence.  

As chief financial officer, Loh will lead the company’s financial management and ensure its long-term stability. He will be in charge of the insurer’s finance, actuarial, procurement, as well as strategy and business planning.

Heng, who was previously AIA Malaysia’s deputy general manager of finance and actuarial, will develop and drive the insurer’s marketing strategy, lending his expertise in product marketing and agency development.

Meanwhile, Chang is in line to head AIA General, which encompasses motor, personal accident, and commercial insurance lines. He will begin his role as CEO once Bank Negara Malaysia’s approval comes into effect on July 01, 2018.

“Each of them has demonstrated significant accomplishments in their previous roles in AIA and have been crucial in the growth of our company,” said Anusha Thavarajah, AIA Malaysia’s chief executive officer, commenting on the appointments.

AIA has also appointed Shulamite N K Khoo as a non-independent non-executive director. She is a Chartered Fellow of the Chartered Institute of Personnel and Development and was a member of the International Advisory Panel of the Singapore Public Service Division from 2011 to 2017.

 

Related stories:
AIA denies plans to reduce stake in subsidiary
Pension fund looking to invest in one of three foreign-owned insurers
New business value up by 23% for AIA Malaysia