Andrew Loh appointed AIA Vietnam CEO

March 28, 2024 | 17:22
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On March 26, AIA (Vietnam) Life Insurance Co., Ltd. officially announced the appointment of Andrew Loh as its new chief executive officer.

Loh joined the AIA Group in 2017 and has held various positions, including CEO of AIA Cambodia, CFO and chief actuary of AIA Malaysia.

Andrew Loh appointed AIA Vietnam CEO
Andrew Loh

Loh's experience in the insurance industry spans over financial management, risk, distribution, product development and operations. With extensive knowledge of the regional financial and insurance markets, outstanding leadership ability, and profound vision, he will lead AIA Vietnam to successfully implement the consistent "customer-centric” strategy to achieve sustainable growth and strengthen the goal of helping people live Healthier, Longer, Better Lives.

“I am honoured to be entrusted by the AIA Vietnam’s Board of Directors and happy to be here to contribute to the development of AIA Vietnam and the Vietnamese insurance market. Putting customers at the centre, providing top-quality services, and achieving sustainable growth to deliver the best experience and protection for customers are our most important goals as we help more Vietnamese to have insurance protection,” Loh said.

Loh also believes that AIA Vietnam will maintain its sustainable growth and build on its past successes. AIA Vietnam will enhance the quality and competitive advantages of its distribution channels with the Premier Agency strategy while introducing superior products along with the AIA Vitality ecosystem.

AIA Vietnam's efforts will be supported by technology and digital transformation to enhance the customer and family experience in all aspects of financial, physical, and mental health, as well as improve the company's operational efficiency and the quality standards of its distribution channels.

AIA Vietnam is a member of AIA Group - the largest independent Life Insurance Group in Asia, listed on the stock exchange.

Established in 2000 with the aim of protecting prosperity and financial security for the people of Vietnam, AIA Vietnam has affirmed its position as one of the leading life insurance companies in the market. To date, AIA Vietnam has built a network of over 200 offices in more than 50 cities and provinces nationwide.

AIA Vietnam is serving and ensuring financial security for over 1.6 million customers in Vietnam, having paid out insurance benefits and claims totalling over VND13 trillion ($520 million) to hundreds of thousands of policyholders.

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AIA continues to strengthen its 22-year foothold in the country. Wayne Besant, CEO of AIA Vietnam, opened up about what the leading insurer has achieved in 2021, as well as the One Billion Initiative that strives towards sustainable development for Vietnamese people.

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AIA Vietnam and VPBank on March 15 announced that the former has extended its long-term strategic partnership with the latter for four more years.

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People are the most valuable asset of AIA Vietnam and have been the biggest part of the company’s success.

By Thanh Van

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