Kuala Lumpur, 28 December 2021 – AIA General Berhad, a subsidiary of AIA Bhd., today announced the appointment of Gary Hoo as its new Chief Executive Officer (CEO) effective from 15 December 2021. Gary succeeds Eric Chang, who assumes a new role as the CEO of Digital Platform Partnerships at AIA Group.
Gary will be responsible for further strengthening the company’s position in the general insurance space by providing strategic leadership as well as overseeing its day-to-day operational execution, ensuring the continuous growth and sustainability of the business. This also includes AIA General Berhad’s recent digital transformation journey which has resulted in the establishments of new partnerships and the introduction of new digital insurance solutions.
Prior to his current appointment, Gary was AIA General Berhad’s Head of Conventional Business and the Appointed Actuary. During his four-and-a-half-year tenure, he has made numerous notable contributions to the company including spearheading the license separation and formation of AIA General Berhad as a new entity within AIA Malaysia’s group of companies in 2018, as well as launching AIA’s flagship personal accident, motor and fire insurance products.
Gary brings with him 19 years of actuarial experience across the full spectrum of product design and pricing, valuation as well as consulting and advisory in general insurance. He has also amassed more than a decade of senior management experience, including profit and loss accountabilities. He graduated from Universiti Kebangsaan Malaysia with a bachelor’s degree in Actuarial Science and is a Fellow of the Society of Actuaries (FSA) and Fellow of the Casualty Actuarial Society (FCAS).
– END –