Tue, Sep 22, 2020 – 8:53 AM
JAPANESE insurer Tokio Marine Life Insurance coverage Singapore (TMLS) has appointed Edwin Peh as its chief monetary officer (CFO), Esmond Chan as chief operations officer (COO) and Goh Kay Yiong as chief funding officer (CIO), it stated on Monday.
CFO Mr Peh, who has practically 25 years’ expertise within the life insurance coverage business, will lead the insurer’s finance, funding, authorized and firm secretariat features.
He was beforehand chief buyer officer and deputy basic supervisor at HSBC Life, China, TMLS stated. Different roles Mr Peh has held embody CFO of Prudential Singapore and CFO of Manulife-Sinochem in China.
COO Mr Chan will oversee TMLS’s whole insurance coverage operations, together with underwriting and claims, coverage servicing and buyer servicing, distribution operations and knowledge expertise.
TMLS stated Mr Chan had held numerous management positions throughout his 27-year tenure with NTUC Earnings, in areas together with compliance, life and medical insurance operations, distribution center workplace, company planning and knowledge expertise. He additionally spearheaded strategic initiatives that ensured NTUC Earnings’s adherence to regulatory compliance.
In the meantime, CIO Mr Goh will oversee the administration of TMLS’s funding belongings and portfolio.
He beforehand labored in Tokio Marine Asset Administration Worldwide, Citibank and Bank of Singapore, and has over 17 years of expertise within the monetary companies business, with roles in fairness evaluation, fund administration and funding merchandise administration/advisory.
Along with the brand new appointments, TMLS’s chief danger officer, Philip Woo, will tackle a further scope of accountability to incorporate regulatory and compliance features, the insurer added.