AIA : Appoints Jayne Plunkett as Group Chief Risk Officer

AIA Appoints Jayne Plunkett as Group Chief Risk Officer

27 June 2019

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HONG KONG, 27 June 2019 - AIA Group Limited ('AIA'; or the 'Company'; stock code: 1299) is pleased to announce that Jayne Plunkett will join AIA as Group Chief Risk Officer with effect from 1 November 2019. Jayne will be a member of the Group Executive Committee and will report to Ng Keng Hooi, Group Chief Executive and President.

Jayne joins AIA Group from Swiss Re where she was Chief Executive Officer Reinsurance Asia, Regional President Asia and member of the Group Executive Committee, responsible for Swiss Re's businesses across Asia.

Ng Keng Hooi said, 'Jayne is a widely-respected insurance professional across Asia's insurance sector with a proven track record of success. I know that we will benefit from the breadth and depth of Jayne's experience and I am delighted to welcome her to AIA to lead our Group Risk and Compliance function.'

Jayne Plunkett said, 'I am excited to be joining AIA, which has consistently delivered an exceptional track record of growth. I look forward to working with AIA's high-calibre team to contribute to the Company's ongoing success as one of the world's leading insurers.'

Jayne has been with Swiss Re since 2006 and prior to her current position, she held senior roles in Asia including as Head of Casualty Underwriting for the region and the global position as Head of Casualty Reinsurance, also managing the unit dealing with large and complex transactions. Jayne was previously at GE Insurance Solutions before its acquisition by Swiss Re and she started her career at John Deere Insurance Company in 1992. Jayne is a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

Jayne succeeds Mitch New, who assumed the role of Group Chief Risk Officer in March 2019 on an interim basis, following the departure of Jon Nielson. Mitch New continues in his role as Group General Counsel at AIA.

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About AIA

AIA Group Limited and its subsidiaries (collectively 'AIA' or the 'Group') comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific - wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India and a representative office in Myanmar.

The business that is now AIA was first established in Shanghai a century ago in 1919. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$230 billion as of
31 December 2018.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 33 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code '1299' with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: 'AAGIY').

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