FWD Life appoints new chairman for Philippine businessFebruary 12 2018 by InsuranceAsia News Staff
The Philippine unit of FWD Life has appointed the country’s former ambassador to the US, Jose Cuisia, as its new chairman of the board.
Cuisia will replace Julian Lipman who has given up the post to take up a new role as FWD Group chief of staff, a concurrent position to his also being the group operating officer at the company’s group office.
Cuisia’s appointment took effect on 24 January.
Cuisia served as the Philippine ambassador to the US from 2010 to 2016.
Before that, he was governor of the Bangko Sentral ng Pilipinas, the Philippines’ central bank, from 1990 to 1993.
FWD Life president and CEO Peter Grimes welcomed Cuisia’s appointment as an important step in boosting the company’s position in the Philippine market.
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Mark Lingafelter will succeed Chris Colahan, who is taking over the firm’s specialty insurance unit in the UK and Europe.
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Clement Cheung, a former Commissioner of Insurance in the city, is expected to be named to the post.
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Myriam Moufakkir will lead and transform the company's IT and operations capabilities across the region.
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Daisuke Iwase joins from Lifenet Insurance, a listed direct life insurance firm in Japan, where he was president.