Former HSBC insurance veteran Edward Moncreiffe joins AIA in latest senior talent move
Former HSBC Holdings global insurance head Edward Moncreiffe will join rival AIA Group as regional CEO from November 2, following a path taken by former HSBC Group chairman Mark Tucker, who returned to the Asia-Pacific region’s largest insurer as non-executive chairman last year. Moncreiffe will oversee AIA’s businesses in India, Sri Lanka, Australia and New Zealand, while serving on the group’s…
Edward Moncreiffe, a former HSBC Holdings global insurance head, has joined AIA Group as regional CEO, effective November 2. Moncreiffe will oversee AIA's operations in India, Sri Lanka, Australia, and New Zealand, reporting to group CEO and president Lee Yuan Siong. His appointment follows that of Mark Tucker, who became AIA's non-executive chairman after serving as the insurer's group CEO and president.
Moncreiffe's move highlights the competition for senior talent in the insurance and wealth management sector in Hong Kong and Asia, as wealthy customers increasingly use insurance products for wealth preservation and succession planning.
Brief written by urgent.news from South China Morning Post's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
