14.08.2015, 15:08
AIA Appoints Mark Konyn as Group Chief Investment Officer
OREANDA-NEWS. AIA Group Limited, (“AIA” or the “Company”; stock code: 1299),
is pleased to
announce that
Mark Konyn
will join AIA as
Group Chief Investment Officer
with
effect from 1 September 2015. Mark will be a member of the Group Executive Committee and
will report to Mark Tucker, Group Chief Executive & President.
Mark joins AIA Group from Cathay Conn ing Asset Management where he was Chief Executive Officer responsible for the firm’s investment business and strategic expansion in the Asia - Pacific region.
Mark Tucker said: “We are delighted Mark is joining the team. Mark brings to AIA extensive invest ment and regional experience in managing insurance, pensions and mutual fund assets for a number of large and well recognised companies and institutional investors in Asia and globally.”
John Chu , AIA’s current Group Chief Investment Officer, will step down from his role from 1 September and will retire on 1 December after a period of handover and transition to Mark.
John has been with AIA Group since June 1993 where he joined as SVP & CIO. He has been Group Chief Investment Officer since January 2010.
Mark Tucker said: “I want to take this opportunity to thank John most sincerely and warmly for his outstanding and invaluable contribution to the Group to date. I am delighted that John has agre ed to remain with the Group after his retirement to support us with various strategic initiatives in Hong Kong and Mainland China.”
Mark Konyn: Mark has been based in Asia since 1989 and has held senior positions in Allianz Globa l Investors (where he was Regional CEO for RCM), Fidelity Investments and PCA. Mark holds a Ph.D. in Risk Analysis and a Diploma in Investment Management from the London Business School. He is a Fellow of the Royal Statistical Society and was a committee m ember of the FT Actuaries policy group.
John Chu: John will join the Boards of AIA Co and AIA International and remain as Chairman of AIA Co (Trustee) Ltd and AIA PT Co Ltd. He will become a Special Consultant to the Group.
About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan - Asian life insurance group. It has a presence in 18 markets in Asia - Pacific – wholly - owned branches and subsidiaries in Hong Kong, T hailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 97 per cent subsidiary in Sri Lanka, a 26 per cent joint venture in India and representative offices in Myanmar and Cambodia. The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia - Pacific region (ex - Japan) based on life insurance premiums and holds leading positions across the majority of its mark ets. It had total assets of US\\$ 172 billion as of 31 May 2015. AIA meets the long - term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provide s employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia - Pacific, AIA serves the holders of more than 29 million individual policies and over 16 million participa ting members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over - the - counter market (ticker symbol: “AAGIY”).
Mark joins AIA Group from Cathay Conn ing Asset Management where he was Chief Executive Officer responsible for the firm’s investment business and strategic expansion in the Asia - Pacific region.
Mark Tucker said: “We are delighted Mark is joining the team. Mark brings to AIA extensive invest ment and regional experience in managing insurance, pensions and mutual fund assets for a number of large and well recognised companies and institutional investors in Asia and globally.”
John Chu , AIA’s current Group Chief Investment Officer, will step down from his role from 1 September and will retire on 1 December after a period of handover and transition to Mark.
John has been with AIA Group since June 1993 where he joined as SVP & CIO. He has been Group Chief Investment Officer since January 2010.
Mark Tucker said: “I want to take this opportunity to thank John most sincerely and warmly for his outstanding and invaluable contribution to the Group to date. I am delighted that John has agre ed to remain with the Group after his retirement to support us with various strategic initiatives in Hong Kong and Mainland China.”
Mark Konyn: Mark has been based in Asia since 1989 and has held senior positions in Allianz Globa l Investors (where he was Regional CEO for RCM), Fidelity Investments and PCA. Mark holds a Ph.D. in Risk Analysis and a Diploma in Investment Management from the London Business School. He is a Fellow of the Royal Statistical Society and was a committee m ember of the FT Actuaries policy group.
John Chu: John will join the Boards of AIA Co and AIA International and remain as Chairman of AIA Co (Trustee) Ltd and AIA PT Co Ltd. He will become a Special Consultant to the Group.
About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan - Asian life insurance group. It has a presence in 18 markets in Asia - Pacific – wholly - owned branches and subsidiaries in Hong Kong, T hailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 97 per cent subsidiary in Sri Lanka, a 26 per cent joint venture in India and representative offices in Myanmar and Cambodia. The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia - Pacific region (ex - Japan) based on life insurance premiums and holds leading positions across the majority of its mark ets. It had total assets of US\\$ 172 billion as of 31 May 2015. AIA meets the long - term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provide s employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia - Pacific, AIA serves the holders of more than 29 million individual policies and over 16 million participa ting members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over - the - counter market (ticker symbol: “AAGIY”).
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