Kuala Lumpur, 21 June 2023 – AIA Bhd. has announced the appointment of Tan Sri Dato’ (Dr) Wee Hoe Soon @ Gooi Hoe Soon (Tan Sri Gooi) as its Board Chairman with effect from 15 June 2023. He succeeds Mr. Ching Yew Chye @ Chng Yew Chye (Mr. Ching), who retires after successfully completing his tenure of directorship with the company.
Tan Sri Gooi, who has been on the Board of AIA Bhd. as an Independent Non-Executive Director since 5 January 2023, will be the third Board Chairman of AIA Bhd.
He brings with him over 38 years of experience in the fields of accounting and corporate finance. He was also instrumental in the successful implementation of several corporate exercises which included merger and acquisition and corporate debt restructuring exercises by Public Listed Company (PLCs).
Tan Sri Gooi was a member of the National Debt and Liability Management Committee as well as a member of the investment panel of EPF Malaysia. He was also the former Chairman of the Board of EON Bank Bhd., Chairman of Amity Bond Sdn. Bhd., and Deputy Chairman of Avenue Capital Resources Bhd. Prior to that, he was the CEO/Executive Director-Dealing of Avenue Securities Sdn. Bhd.
Commenting on the appointment, Ben Ng, Chief Executive Officer of AIA Bhd. said, “We are pleased to announce the appointment of Tan Sri Gooi as our new Board Chairman. With a proven track record of leadership and strategic vision, he brings a wealth of experience and expertise to the company. His appointment signifies a pivotal milestone in our journey to help more people live Healthier, Longer, Better Lives. I look forward to working with Tan Sri Gooi as we navigate the dynamic landscape of the insurance industry and further drive our organisation to new heights of success.”
“On behalf of the management, I would like to thank Mr. Ching for his steadfast guidance and support over the many years. Having joined the Board at the height of the AIA and ING merger, Mr. Ching provided strategic oversight and guided the management team through the integration and migration of both entities. More recently, he played an instrumental role in the separation of AIA Malaysia’s life and general composite license culminating in the establishment of AIA General Berhad, where he continues to be Board Chairman. I value his many beneficial contributions to the company and am grateful for the time that he spent with us,” added Ben.
Tan Sri Gooi is a Member of the Malaysian Association of Certified Public Accountants and Malaysian Institute of Accountants. He currently sits on the Board of Securities Commission, Yinson Holdings Bhd, Red Ideas Holdings Berhad and Perusahaan Sadur Timah Malaysia Berhad.