AIA Group appoints new chief executive of Singapore

Pan-Asian life insurance group AIA has appointed Wong Sze Keed as its new chief executive officer (CEO) of its Singapore business.

Sze Keed will succeed Patrick Teow, who has decided to take a career break after seven years with AIA and more than 35 years working in the life insurance industry.

Sze Keed joined AIA in 2013 and has more than 27 years of experience working in Singapore’s financial services industry. She has held a broad range of senior management roles during her career and is currently chief distribution officer of AIA Singapore.

She will report to Tan Hak Leh, regional chief executive of AIA Group, who said: “I want to take this opportunity to thank Patrick for his excellent leadership and many significant contributions to AIA’s success during his time with us. His dedication, professionalism and insights have been invaluable.

"I am delighted that Sze Keed will be our new CEO in Singapore. Sze Keed has deep experience of the Singaporean life insurance market and she has a superb track record of delivery and execution. I am confident that under her leadership AIA Singapore will realise its full potential.”

Teow commented: “I have thoroughly enjoyed my career at AIA. I am extremely proud of the teams we have built and the achievements we have delivered together. I have worked very closely with Sze Keed for many years and I am pleased to be handing over my responsibilities to her, which I know she is ideally positioned to carry out. AIA is an exceptional company filled with outstanding people and I know that it will continue to enjoy great success for many years to come.”

Sze Keed said: “I am excited and truly honoured to become CEO of AIA Singapore. I would like to thank Patrick for his guidance and tremendous support over the years. Looking ahead, I will continue to be guided by AIA’s promise to help our customers live Healthier, Longer, Better Lives. I look forward to bringing our product propositions, high-quality advice and innovative service to as many people as possible in Singapore as we strive to deliver the best outcomes on behalf of our customers.”