Hong Kong-based insurer FWD has announced the appointment of three new members to its board of directors.
FWD has appointed Andrew Weir, Dominic Leung Ka Kui and Laura Deal-Lacey to the board of directors, according to a statement.
Weir has 37 years of experience advising boards and audit committees of listed companies and financial institutions across Asia and the Middle East. He previously served as global chair of asset management at KPMG and was also regional senior partner of the consultancy in Hong Kong and vice chairman of KPMG China. He is currently a council member of the Hong Kong Institute of Directors and vice chairman of the Hong Kong Financial Services Development Council.
Leung has more than 40 years of Asian insurance experience. He was chairman and CEO at Ping An Life Insurance Company of China, managing director of Greater China at Prudential and general manager at Taiwan Nanshan Life Insurance Company.
Deal-Lacey has extensive international business expertise, having worked at financial think tank Milken Institute and currently serving as an advisory board member of the Sim Kee Boon Institute for Financial Economics at the Singapore Management University. She has been on the board of FWD Singapore since 2016 and is currently its chair.
Retiring Director
In addition, the insurer also announced the retirement of Richard Sun Po Yuen from the board. Overall, the board now consists of 13 directors including two executive directors, two non-executive directors and nine independent non-executive directors.
«We’re delighted to welcome Andrew, Dominic, and Laura to the Board, as we continue to steer FWD’s growth and governance across our 10 markets in Asia. With these appointments, the Board is increasingly diverse with deep business experience in Asia, which is critical to realizing the company’s vision of changing the way people feel about insurance,» said Frederick Ma, FWD Group’s chairman of the board.
«I would also like to thank Richard Sun for his many valuable contributions to the Board during his tenure since his appointment in October 2022.»
Established in 2013, FWD Group is a Hong Kong-based pan-Asian life and health insurance business with more than 12 million customers across 10 markets.
