Lennard Yong
Regional Chief Executive Officer, Asia
FTLife Insurance
Profile:
Mr. Lennard Yong has been Regional Chief Executive Officer at FTLife Insurance Company Limited since September 13, 2016. Mr. Yong's experience ranges across all aspects of life insurance, general insurance, pensions and asset management. He served as Chief Executive Officer at Metropolitan Life Insurance Company of Hong Kong Limited since January 6, 2014 until September 2016. He was responsible for executing the corporate strategy to achieve profitable growth through diversification as well as ensuring the operational effectiveness of MetLife’s Hong Kong business. He served as Chief Executive Officer of Hong Kong at MetLife, Inc., from January 2014 to September 2016. Mr. Yong joined MetLife from FWD Group (formerly ING) as Group Chief Commercial Officer, which he joined in 1999 in Australia and over the years he has steadily risen through the ranks, culminating as Chief Executive Officer of ING Hong Kong and Macau. In this position, he was responsible for all of ING’s businesses in Hong Kong and Macau, overseeing all of the day-to-day business functions. Before that, he served as Co-Chief Executive Officer of ING Hong Kong and Macau and has also served as its Chief Financial Officer. He has been in Hong Kong since 2005 and has acquired great local knowledge of the insurance industry. He held various roles in Commercial and Corporate Banking at Westpac from 1995 to 1999. Mr. Yong is an active participant in Hong Kong's financial services development. In addition to his corporate responsibilities, he is an advisor to the HK Government as member of the Insurance Advisory Committee, member of the Life Insurance Advisory Board of the new Independent Insurance Authority, Past Chairman of the HK Federation of Insurers - Life Insurance Council and a member of the Board of Governors of the American Chamber of Commerce (HK). His professional accreditations include membership in the Institute of Chartered Accountants (Australia) and CPA (Australia). Mr. Yong attended a Harvard Business School corporate program in 2015, IMD (Lausanne) corporate program in 2007 and has a Master of Commerce and a Bachelor of Business degree from two universities in Australia.
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Strategy & Practice Management
FTLife sets off on global insurance path After a career in multi-national firms across Europe and Australia, Lennard Yong was tempted to join a Chinese financial services (JD Group) in Hong Kong to spearhead an insurance company that has a global ambition fuelled by roots in China..
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Wealth Solutions & Wealth Planning
How to capitalise on the internationalisation of PRC wealth The last five years have seen explosive growth in understanding among Chinese HNW individuals of wealth structuring and transition. But advisers and professional services firms need to know how to navigate a tricky compliance and cultural landscape..