FWD (“the Company”), the insurance business arm of Pacific Century Group, announced the appointment of Ted Wai as General Manager of FWD General Insurance Company Limited to lead its overall business in Hong Kong.
In this role reporting to David Wong, Chief Executive Officer of FWD Hong Kong and Macau, Mr. Wai will take an active role in spearheading growth of FWD general insurance business in Hong Kong. He is also a member of Senior Management Team.
Mr. Wong said, “General insurance is one of the most important business areas for FWD Hong Kong. Ted’s extensive experience will undoubtedly help further strengthen the FWD general insurance business in Hong Kong as we continue to educate the market about the importance of these products and services.”
Mr. Wai has over 20 years of experience in the life and general insurance sectors, with a focus on product line management, distribution development and business management. Prior to FWD, Mr. Wai worked for a leading international life insurance company and served as the CEO of its Hong Kong business and General Manager of its Taiwan business.
Mr. Wai graduated with an MBA from Simon Fraser University, Canada, as well as a Bachelor of Science degree from the University of Wisconsin – Madison, USA. He is a Fellow of the Australian and New Zealand Institute of Insurance & Finance and a Fellow of Life Management Institute.