AIA appoints former HSBC insurance chief as regional CEO

Edward Moncreiffe will oversee operations in India and three other markets.

AIA Group has appointed former HSBC Group Insurance chief executive Edward Moncreiffe as regional chief executive, effective 2 November, overseeing its businesses in India, Sri Lanka, Australia and New Zealand.

Moncreiffe will join AIA's Group Executive Committee and report to group chief executive and president Lee Yuan Siong.

He was previously CEO of Insurance at HSBC Group, where he oversaw its life and health insurance businesses in Hong Kong, Macau, mainland China, Singapore, India, Malta, Bermuda and Mexico.

He was also responsible for insurance distribution units globally. Before that, he served as CEO of HSBC Life in Hong Kong and Macau.

Moncreiffe has 20 years of leadership experience across insurance, wealth management and strategy roles in the UK, Europe, Latin America and Asia. He has led large businesses and has experience in driving growth and strengthening market positions.

He is a former chairman of the Hong Kong Federation of Insurers, Matilda International Hospital and City Mental Health Alliance Hong Kong. He also represents Asia-Pacific on the executive council of the International Insurance Society.

Moncreiffe holds a Bachelor of Arts degree with honours from Durham University and a Master of Business Administration from the University of Chicago Booth School of Business. He is also a Chartered Insurer.