The high net worth life insurance provider has appointed its global head of sales and distribution, as well as its chief executive for Singapore.

Jeremy Young joins Transamerica Life Bermuda (TLB) after 25 years in the life insurance industry and 11 years at Sun Life Financial, where he was most recently working as its chief marketing officer for Asia. 

In his new role as global head of sales and distribution, Young will build TLB's distribution capabilities and drive sales and accelerate business growth across Hong Kong, Singapore and Bermuda. He reports to TLB president Hazel Etherington.

Singapore Chief Named

Taking on the additional role of chief executive for TLB in Singapore is Benjamin Chua (pictured below), who is also the head of Finance for its branch office in the republic.

TLB Benjamin Chua
Benjamin Chua, Chief Executive and Head of Finance, TLB Singapore

Chua, who joined TLB in 2014, will oversee the execution of TLB’s corporate strategy to drive growth for its business in Singapore, in addition to his responsibility for the overall capital management and financial reporting and management activities of the Singapore business. He reports to TLB chief executive Chirag Rathod.

Pandemic Push

Amid the pandemic, TLB has taken a concerted effort to strengthen its product suite and further equip its partners, financial professionals and HNW customers.

TLB is part of the Aegon Group, a leading, international financial services group providing life insurance, pensions and asset management based in The Hague, Netherlands.