Friends Provident International announces appointments of Chairman and CEO

Article date: 16 June 2015

Friends Provident International Limited (FPI), part of the Aviva group, announces today the appointments of Chris Wei as Chairman*, and Khor Hock Seng as Chief Executive Officer* effective 1 July 2015. These appointments are an extension of Chris’ and Khor’s current responsibilities at Aviva, and follow the announcement in April that John Van Der Wielen, currently Executive Chairman of FPI, will step down on 30 June 2015. John will remain on the board of FPI as Non-Executive director.

Chris Wei, CEO Global Life Insurance and Chairman Asia, took overall responsibility for FPI in April 2015, as part of Aviva’s acquisition of Friends Life Group. Chris, who joined Aviva in 2014, has extensive experience in the Asian market and the global life insurance sector and has held a number of senior roles across the savings, pensions and insurance industry, including CEO of Great Eastern Holdings Ltd, the listed Asian life insurer.

Khor Hock Seng was appointed CEO of Aviva Asia in 2013. Before joining Aviva, he had held a number of senior roles including Chief Executive and Managing Director of AIA’s Malaysian business. Khor will continue to report to Chris Wei.

James Tan, Managing Director Asia; Marcus Gent, Managing Director Middle East & Rest of World; and Chris Gill, General Manager Singapore will continue in their roles at FPI. James Tan and Marcus Gent will now report to Khor Hock Seng.

Chris Wei, said:
“I am excited about FPI’s potential. Aviva Asia and FPI are largely complementary and today’s appointments confirm our intention to bring both businesses closer together, maximising their combined potential and accelerating our growth in selected markets in Asia and the Middle East.

“I am delighted that Khor has agreed to take on the additional responsibility of CEO of FPI. Khor has played a key role in growing Aviva’s Asian business and will bring his strong operational skills to FPI.

“I wish to thank John Van Der Wielen for the instrumental role he has played at FPI, and we are delighted he will remain on FPI’s board as a Non-Executive Director”

Khor Hock Seng, said:
“Aviva Asia and FPI have a significant opportunity for growth. By bringing the businesses closer together we can provide a wider and more innovative range of savings, investment and insurance products to our valued customers and partners. I am pleased to take on the exciting task of leading FPI in this important phase of growth.”

* Appointments subject to regulatory approval.

Ends
Journalists requiring further information should contact:

Felicity Goodwin
Senior Media Relations Manager
Friends Provident International

felicity.goodwin@friendslife.co.uk

(t) +44 (0) 20766 26807
(m) +44 (0)7468 743 246

Notes to Editors

About Friends Provident International
Friends Provident International (FPI) provides life assurance, pensions and investment products in Asia, the Middle East, the United Kingdom – and other selected markets – and is part of the Aviva Group.
We have over 35 years’ international experience, offices in Hong Kong, Singapore, the United Arab Emirates and the Isle of Man, and more than 500 staff worldwide.
See www.fpinternational.com for further information on Friends Provident International.

About Aviva
Aviva provides life insurance, general insurance, health insurance and asset management to 34* million customers, across 16 markets worldwide
In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.
Aviva’s asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and currently manages over £245 billion in assets.
Aviva helps people save for the future and manage the risks of everyday life; we paid out £24.6 billion in benefits and claims in 2014.
By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.
The Aviva media centre at http://www.aviva.com/media/ includes company information, images, and a news release archive.
For an introduction to what we do and how we do it, please click here http://www.aviva.com/about-us/aviva/
For broadcast-standard video, please visit http://www.aviva.com/media/b-roll-library/
Follow us on twitter: www.twitter.com/avivaplc/

* Before the deduction of Aviva and Friends Life overlapping customers.

IMPORTANT INFORMATION

Friends Provident International is a trading name of Friends Provident International Limited and Aviva Group PLC (for business conducted outside the United Kingdom).

Friends Provident International Limited
Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA.
Incorporated company limited by shares. Registered in the Isle of Man, number 11494.
Authorised by the Isle of Man Insurance and Pensions Authority.
Provider of life assurance and investment products.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the
Prudential Regulation Authority.

Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong.
Registered in the United Arab Emirates as an Insurance Company (Registration No. 76).
Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007.
Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations.

Registered in Singapore No. F06835G.
Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore.
Friends Provident International is a registered trade mark of the Aviva Group.

 

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