HONG KONG - Lee Yuan Siong on Monday today assumed the role of Group Chief Executive and President of AIA Group Ltd (AIA) and joined the company’s Board of Directors. He succeeds Ng Keng Hooi, who has retired from his executive positions with the company.
Mr. Lee has held senior leadership positions at Prudential plc of the United Kingdom. He began his career at the Monetary Authority of Singapore.
In an announcement by the company, Edmund Tse, AIA’s Independent Non-executive Chairman, said, “Yuan Siong has a superb track record of accomplishment across Asia’s insurance markets, making him the ideal leader to succeed Keng Hooi at an important time in AIA’s history. I am delighted that AIA will benefit from Yuan Siong’s unrivalled breadth and depth of experience in Asia’s life insurance industry.”
Lee Yuan Siong said, “I am thrilled and honoured to be the new Group Chief Executive of AIA, the premier life insurance company in the Asia-Pacific region. AIA has achieved great success over 100 years of history and I look forward to working with my outstanding colleagues to ensure we lead the organisation to its next phase of long-term, sustainable growth.”
AIA has a strong presence in Sri Lanka where it is one of the country’s top insurance companies.
Picture: Mr. Lee Yuan Siong
A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
Read these and more on tomorrow’s edition of the Sunday Times
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