Ng, currently Chief Executive Officer of AIA Malaysia, will step into the Group CRO role in January 2026, succeeding Jayne Plunkett, who is set to retire.
FWD’s new issuance comes after its Hong Kong IPO in July, with proceeds aimed at reducing funding costs and supporting capital strength as profitability improves.
John Lee outlined plans to mobilise insurer capital for infrastructure, establish a marine risk pool, and boost insurance innovation in emerging sectors.
Through its tie-up with Concord Healthcare, AIA aims to help insured employees access advanced cancer treatment across the border in Guangzhou at lower cost.
