Insurance

HSBC Life Singapore announces Two Executive Appointments

HSBC Life Singapore has announced the appointment of Philip Pang as Chief Investment Officer and How Chee Koon as Chief Product Officer, joining the firm’s management team.

Through the new appointments, HSBC Singapore aims to further support the growth of the Bank’s insurance operation in Singapore, bolstering the business as it ramps up its manufacturing and distribution activities in the City-state, according to an article by International Investor.

Philip Pang joins HSBC Singapore from previous roles at Prudential Singapore and NTUC Income Singapore, where he was Head of Investment at both firms. He brings over 15 years of experience to his new role, spanning the insurance and investment sectors. In addition to these roles, he previously worked at HSBC Global Asset Management in Hong Kong and Singapore in roles that saw him responsible for providing the insurance businesses, and other institutional clients, with investment solutions.

At HSBC, Pang will reportedly be responsible for overseeing HSBC Life Singapore’s investment strategy, having also been charged with the development and execution of the strategy. Pang will be collaborating with a number of internal and HSBC Group stakeholders to develop new asset classes and derivatives solutions to deliver long-term returns, amongst other duties.

How Chee Koon joins HSBC Life Singapore from AIA, where he was most recently Head of Consumer Marketing, a role which he held for over 7 years. How brings almost 15 years of experience to his new role, having also been previously affiliated with firms such as Aviva, UOB Life Assurance and Great Eastern, all based in Singapore.

In his new role, How will reportedly be responsible for the implementation and execution of new product developments, as well as the management of HSBC Life Singapore’s product suite, says International Investor. Further to this, he will also be involved in the marketing and delivery of customer-centric propositions and solutions, namely in regard to customer protection, retirement, saving, legacy and education needs.