Asian insurance company FWD has brought in an experienced credit professional as its new chief investment officer for Hong Kong to replace Will Chen.

Jethro Goodchild’s regulatory licence with the Hong Kong-based firm started on November 1, and he reports to Ken Lau, managing director of Greater China and Hong Kong chief executive.

FWD, with $27 billion under management as of end-2017, also has businesses in Macau, Thailand, Indonesia, the Philippines, Singapore and Vietnam.

Jethro Goodchild

Goodchild was previously head of Asian credit at Aviva Investors, the asset management arm of UK insurer Aviva. He left the Singapore-based role at the end of December after nearly seven years there. 

Earlier in December Adeline Ng had arrived as Singapore-based head of Asian fixed income at Aviva Investors from BNP Paribas Asset Management.

Since December, Goodchild has been an actuarial and asset consultant for Melbourne-based OnTrack Retirement, a digital retirement advice platform, according to his LinkedIn page.

Before joining Aviva Investors, he had worked for five years at Deutsche Asset Management (now DWS Investments) across Seoul and Singapore and for 12 years at Australia’s AMP Capital in Sydney, according to LinkedIn. 

AsianInvestor could not ascertain what Chen might have lined up next.

Goodchild's arrival at FWD follows other recent CIO switches at insurance companies in Asia, with Mark Wang joining HSBC Insurance last month and Benjamin Deng taking the top investment job at China Pacific Insurance Company in September.

Joe Marsh contributed to this story.