Richard Li taps ex-AIA deputy as new insurance CEO


HONG KONG: Hong Kong businessman Richard Li, the youngest son of Asia’s richest man, will appoint a former top executive of AIA Group Ltd as the chief executive officer of his new insurance company, according to people with direct knowledge of the move.

Li will hire Huynh Thanh Phong, previously one of three deputies to AIA CEO Mark Tucker, to run the upstart insurer, known as FWD.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , richard li , aia , FWD

   

Next In Business News

Asian FX gain as dollar droops, stocks track Wall Street higher
I-Bhd announces RM100mil investment pledge from major shareholder
Heineken sells more beer in Q1, sticks to outlook
GFM Services to transfer to Main Market on April 26
MYEG, Zetrix and MaiCapital to explore launch of virtual asset funds
Asian shares jump on tech boost; fragile yen on intervention watch
The business of immersion
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues

Others Also Read