Regional chief executive of AIA steps down

Jacky Chan, CEO of AIA Hong Kong and Macau, will replace Gordon Watson as regional chief executive following Watson’s decision to leave the company. Chan will be responsible for AIA’s operations in Hong Kong, Macau, Singapore, Brunei, Indonesia, the Philippines and Cambodia as well as group agency distribution from 1 June 2017. He has been with AIA for nearly 3 decades and has been CEO of AIA Hong Kong and Macau since 2009. John Cai, currently CEO of AIA China, will be appointed as regional chief executive responsible for the insurer’s operations in China, Malaysia, Vietnam, Taiwan and Myanmar. Cai spent the first 10 years of his career in sales in New York City. In 2003, he moved back to Asia as chief agency officer of AXA Hong Kong and four years later he was appointed CEO of AXA Hong Kong. He has been CEO of AIA China since 2009. Bill Lisle will continue in his role as regional chief executive, responsible for AIA’s operations in Thailand, Korea, Australia and New Zealand, India and Sri Lanka as well as group partnership distribution. Meanwhile, AIA announced that Ng Keng Hooi will now assume his new role as group chief executive, effective from 1 June 2017.