FWD has announced the appointment of Andrew Weir, Dominic Leung Ka Kui, and Laura Deal-Lacey to its board of directors, as stated in a recent announcement.
Weir brings 37 years of experience advising boards and audit committees of listed companies and financial institutions throughout Asia and the Middle East. He previously served as the global chair of asset management at KPMG and held roles as a regional senior partner in Hong Kong and vice chairman of KPMG China. Currently, he is 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 brings extensive international business experience, having worked at the Milken Institute, a leading financial think tank, and currently serving as an advisory board member of the Sim Kee Boon Institute for Financial Economics at Singapore Management University. She has been a member of the FWD Singapore board since 2016 and currently serves as its chair.
Additionally, the insurer announced the retirement of Richard Sun Po Yuen from the board. Following these changes, the board now comprises 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.