Peter Grimes to lead FWD in ThailandOctober 24 2019 by Andrew Tjaardstra
Peter Grimes, who started his role as president and chief executive of FWD Life Philippines in 2014, will become chief executive or FWD’s businesses in Thailand on January 1.
Grimes (pictured) will lead FWD’s expanded Thailand business, following the recent acquisition of SCB Life which made it one of the top five largest life insurers in the country.
David Korunić, chief executive of SCB Life and Poramasiri Manolamai, chief executive of FWD Life Thailand, will both report to Grimes; he will relocate to Thailand in the new year, and will report to Huynh Thanh Phong, FWD’s group chief executive.
As a result Li-Hao Zhuang, FWD’s group head of agency distribution, will become president and chief executive of FWD Life Philippines, also on January 1 – subject to regulatory approval.
Zhuang will continue his role as the head of agency distribution and work closely with Grimes until he relocates to Manila from Singapore in January; Zhuang will continue to report to Binayak Dutta, managing director – emerging markets and group chief distribution officer.
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