FWD Taps Union Life’s Lau as MD of Greater China, CEO of Hong Kong & Macau

FWD Group announced the appointment of Ken Lau as managing director, Greater China, and chief executive officer, Hong Kong & Macau, effective March 29, 2018.

With more than 27 years’ insurance industry experience across the region, Lau “will lead FWD’s Greater China business and drive the delivery of its technology-driven and customer-led strategy,” the company said in a statement.

Lau was most recently with Union Life Insurance Co. China, where he was the chief executive officer managing both the life and general insurance businesses. During his three-year tenure, he oversaw the company’s successful expansion. Prior to Union Life, Lau was with Ping An Life for more than 10 years and was appointed as president from 2012 to 2014. Lau’s roles in his earlier career cover China, Hong Kong and Taiwan for Prudential and AIA.

Huynh Thanh Phong, group CEO, said, “It’s a great pleasure to welcome Ken to the group to lead FWD and the implementation of its growth strategy across Greater China. He has a wealth of experience in building insurance businesses and will be an invaluable source of strategic insight to our Hong Kong & Macau team.”

FWD Group operates in Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam and Japan. In Hong Kong, FWD offers life and medical insurance, general insurance, employee benefits, pensions, and financial planning.

Source: FWD Group

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