FWD Group Leadership Team Reinforced with Appointment of Tim Oliver as Chief Commercial Officer

Established management bench will drive FWD’s ambition to become a leading pan-Asian insurer

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HONG KONG, 17 September 2014 - FWD Group today announced the appointment of Tim Oliver as Group Chief Commercial Officer (“CCO”). The appointment marks the establishment of FWD Group’s leadership team bringing together eight industry experts and sector specialists who will strengthen FWD’s position and help build the business as FWD looks to become a leading pan-Asian insurer.

As CCO, Tim will lead FWD Group’s functions in marketing strategy, brand and communications, as well as drive FWD’s effort to lead the market with innovative, customer-led propositions. Each member of FWD Group’s leadership team has over 20 years’ of experience in the financial services sector, with Tim bringing more than 24 years of senior management experience in insurance and consumer banking across Asia, Europe and the Middle East. Tim joins FWD Group from Aegon NV Asia, where he was Chief Executive Officer Asia of Aegon’s Direct and Affinity Marketing Group and the Transamerica Life Bermuda operations.

Mr Huynh Thanh Phong, Group CEO of FWD said, “We are excited to welcome Tim to the FWD family. His wealth of management and industry experience, coupled by his creative and dynamic approach, complements our existing management talent. With Tim’s appointment, we now have in place a solid leadership team who share the excitement and passion for building a fresh, differentiated insurance group that is FWD. As a Group, we are now in a greater position to further drive the business’s growth and development, and pursue a number of strategic initiatives that will further our ambitions in the region.”

FWD Group’s leadership team now comprises:

Alvin Chooi Group Chief Strategy Officer Joined 2012
Florence Lam Group Chief Human Resources Officer Joined 2012
Julian Lipman Group Chief Operating Officer Joined January 2013
Peter Grimes Group Chief Partnership Distribution Officer Joined February 2013
Amy Hoe Group Chief Technology & Operations Officer Joined October 2013
Huynh Thanh Phong Group Chief Executive Officer Joined March 2014
Craig Merdian Group Chief Financial Officer Joined April 2014
Tim Oliver Group Chief Commercial Officer Joined September 2014

This is an impressive group of individuals, and I am honoured to have the opportunity to work with them to continue to build FWD into a leading player in Asia” added Phong.

The Hon. Ronald Arculli, Chairman of FWD Group said, “The established management team signifies FWD’s commitment and vision to transform the insurance industry, and depart from convention to change the way consumers feel about insurance. With this group of talented individuals working as a team, we will continue to strengthen FWD’s position as a leader and innovator in Asia.”

About FWD Group
FWD is the insurance business arm of the private investment group, Pacific Century Group. FWD’s business spans Hong Kong, Macau, Thailand, and the Philippines, offering life insurance services, as well as general insurance, employee benefits and financial planning in Hong Kong. In addition, FWD has a brand presence in Indonesia. FWD’s focus is to leverage technology to enhance customer experience, deliver innovative products, and invest in talent to create a leading pan-Asian life insurer that changes the way consumers feel about insurance.

For more information please visit www.fwd.com.

Media Enquiries:

FWD Hong Kong Brunswick Group Limited
Emma Royall
+852 2850 3905
Karin Wong
+852 3512 5077
+852 9755 6265

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