HSBC Insurance hires new CIO in Asia shakeup
The insurer has poached from a rival firm to fill the role in Hong Kong as it looks to reinvigorate its business under new group chairman Mark Tucker.
What a difference a year can make.
In mid-2017, HSBC Insurance was understood to be seeking buyers for parts of its business and seemed on the verge of being broken up. Then at the start of this year group chief investment officer Alexandre Mincier moved on.
The vacancy has now been filled in Hong Kong by Mark Wang, former CIO of Singaporean insurer NTUC Income. And his arrival follows other recent leadership hires, as HSBC moves to reinvigorate its insurance business after the …
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