AIA Group regional chief executive Ng Keng Hooi at the press conference annoucing AIAs acquisition of ING Malaysia for US1.73bil.
HONG KONG: Insurer AIA Group Ltd’s new CEO, Ng Keng Hooi (pic), will have big shoes to fill as the group faces the prospect of slower growth and digital disruption in some of its key Asian markets, industry insiders and analysts said.
The group’s shares fell 3.3% yesterday afternoon in Hong Kong as investors digested the news that current CEO Mark Tucker will be retiring in September after what was regarded as a stellar seven-year stint at the helm.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
