FPI has named Adrian Emery as its new chief executive, taking over from Khor Hock Seng who is to leave the group and join Great Eastern as the group’s chief executive at the end of October.
Khor joined Aviva in early 2013 as chief executive of Aviva Asia, and according to the company, “led the turnaround of the region”, particularly through helping deliver growth across Aviva’s core markets in Asia.
Executive chairman Chris Wei will continue to oversee the region and lead the growth strategy of both Aviva Asia and FPI.
“It has been a great pleasure working with Khor,” said Wei. “He is an excellent leader and his knowledge of the insurance industry in Asia is extensive.
“I would like to wish him all the best in the next stage of his career.”
New challenge
Emery joined Aviva in January this year as director of business development for Global Life, where he was responsible for the company’s distribution to advisers, particularly in the Asian markets. He also helped steer the integration of FPI into Aviva Asia.
“I am excited to take on this new challenge,” said Emery. “Having recently had the opportunity to work closely with the FPI business and its people, I see significant potential for growth particularly in the high net worth and expatriate markets.”
In March, news emerged that FPI executive chairman John Van Der Wielen was to leave the group, shortly after shareholders backed Aviva’s takeover deal.
Investigation
Aviva’s acquisition of Friends Life is currently being probed by the Financial Conduct Authority after abnormal share price increases were seen prior to the formal announcement, the Financial Times reported at the weekend.
