Singapore insurer Aviva Singlife and Zurich-headquartered GAM Investment Management have announced senior hires.
Aviva Singlife names Pearlyn Phau group CEO
Aviva Singlife announced that it has named Pearlyn Phau as new group chief executive officer (CEO), following the $2.4-billion merger of Aviva and Singlife last year.
Phau’s appointment takes effect from August 18, 2021, subject to regulatory approval. She will also take on the additional role as executive director and CEO of both Singlife and Aviva Singapore, according to the announcement.
Phau joins Aviva Singlife from DBS Group, where she held various senior leadership roles both in Singapore and Hong Kong.
Singlife is a Singapore-based mobile savings and protection company fully licensed as a life insurance firm by the Monetary Authority of Singapore in 2017. Aviva, on the other hand, is one of the leading insurers in the city-state, serving 1.5 million customers.
Swiss asset manager GAM names Terence Bong SE Asia lead
GAM Investment Management, a Zurich-headquartered asset manager, has named Terence Bong as lead for client activities in Singapore and Southeast Asia.
The announcement comes after GAM set up an office in Singapore. Bong will be responsible for business development and client relationships in Singapore and the South East Asia region, reporting to Rossen Djounov, the firm’s head of Asia Pacific.
Bong was formerly head of wholesale for SE Asia at Templeton Asset Management, where he was responsible for distribution to private banks, independent financial advisors, insurance companies and consumer banks across Singapore, Thailand and the Philippines.
Prior to Templeton, he served at Nikko Asset Management Asia, Schroder Investment Management, Aviva and Citibank Singapore.