Pan-Asian life insurance group AIA on Monday announced the retirement of AIA Philippines chief executive Kelvin Ang.
This followed Ang’s distinguished 26-year career at AIA that spanned multiple geographies, including Hong Kong, Malaysia, Indonesia, Vietnam, China and the Philippines.
“It has been quite a journey for me working these past five years alongside our people and partners at AIA Philippines, through the challenges of a worldwide pandemic and back to regaining our footing thereafter. I will leave with a grateful heart knowing that we have done much to bring more focus on the importance of protection, and help more Filipinos live Healthier, Longer, Better Lives,” Ang said.
AIA appointed Melita Teo, who brings with her 21 years of experience with the company, as AIA Philippines’ incoming chief executive.
Teo was recently AIA Singapore’s chief customer and digital officer and held various leadership positions in strategy and planning, business development, corporate solutions and operations, since joining the company in 2001.
“I’m excited to be joining the AIA Philippines team. These are exciting times for our business. Powered by the legacy of our 76 years in the market and the strength of the AIA Group, we are well positioned to bring Filipinos the best AIA has to offer. Our recent acquisition of Medicard furthers our ability to help more customers address their health and protection needs. I look forward to working with our team to do more towards bringing our Purpose to life in the Philippines,” said Teo.
Teo will assume her new role as AIA Philippines chief executive on Jan. 1, 2024, subject to regulatory approvals, with Ang staying on as advisor to the chief executive until Feb. 29, 2024.
