Hong Kong, 22 November 2024 – AIA Group Limited (the “Company”, and together with its subsidiaries, “AIA” or the or the “Group”; stock codes: 1299 (HKD counter) and 81299 (RMB counter)) is pleased to announce the appointment of Fisher Zhang, as Regional Chief Executive, subject to obtaining all necessary regulatory approvals. Fisher will have market responsibility for Mainland China, South Korea and Vietnam. He will be a member of the Group Executive Committee and report to Lee Yuan Siong, Group Chief Executive and President. Fisher will continue to fulfil his current responsibilities until the senior management appointment officially takes effect.

 

Fisher joined AIA China in 2000 and became Chief Executive Officer in 2017. Under his exemplary leadership, AIA became the first foreign company to have a wholly-owned life insurance subsidiary in Mainland China and we have since expanded our presence to 10 geographies, with new branches in Tianjin, Hebei, Sichuan, Hubei and Henan. Most recently, AIA China has received regulatory approvals to begin preparations to establish new branches in Anhui and Shandong provinces as well as Chongqing municipality. 

 

Under Fisher, AIA China has successfully executed a strategy focused on delivering superior growth through a customer-centric transformation, built on advanced digital platforms and compelling propositions. This has resulted in AIA China achieving number one ranked customer engagement scores among major players in the market for seven consecutive years.

 

Premier Agency is at the heart of our differentiated business model in Mainland China, driving high-quality and sustainable growth. AIA continues to be distinguished in the market by focusing on the life and health protection needs of sophisticated customers with high-quality advice and personalised products. Fisher has built the most professional agency in Mainland China and the number one ranked company globally for MDRT (Million Dollar Round Table) members. The ability to successfully attract and retain high-quality, professional candidates demonstrates AIA’s positive standing in the market, the effectiveness of our differentiated strategy and confidence in our future growth opportunities.

 

Lee Yuan Siong, AIA Group Chief Executive and President said, “I am delighted to announce Fisher’s internal promotion to Regional Chief Executive. AIA is an exceptional company distinguished by remarkable people, and this appointment reinforces our commitment to nurturing internal talent for senior leadership positions. Fisher has a proven track record of success and I am confident that he will bring the same determination, discipline and teamwork to drive results in his new role as we deliver our purpose of helping millions of people live Healthier, Longer, Better Lives.”

 

Fisher Zhang said, “I’m truly honoured and excited to take on this new role and grateful for the confidence placed in me by AIA. This opportunity reflects the success of AIA China, the collective support from my colleagues and the strong culture of collaboration within our organisation. I look forward to continuing our shared mission and working closely with our leadership teams to execute our strategic vision and deliver high-quality and sustainable growth.”