Willis Towers Watson has appointment Mei-Chee Shum as the new practice leader in its insurance consulting and software business in Asia.
Based in Hong Kong, this is a newly created divisional role at the risk management and advisory firm to address vast client, geographical, cultural and regulatory differences in the Asia region.
Reporting to Richard Collis, managing director for Willis Towers Watson's insurance consulting and software business in Asia Pacific, Shum will be responsible for leading and developing the life insurance consulting practice across Greater China.
Throughout Asia, the insurance market is developing into a major revenue driver for global insurers as the region’s growing middle classes seek to reduce risk, attain greater financial security and put capital to better use elsewhere given the ongoing low yield environment.
Shum holds a PhD in Mathematics from Macquarie University, Australia and is a fellow of the Faculty of Actuaries. Before joining Willis Towers Watson she held numerous senior positions across Asia, the most recent as chief marketing officer for AIA’s operations in the Philippines and group head of product strategy for AIA group based in Hong Kong. Prior to this she was chief financial officer and later chief executive officer for Manulife Taiwan.