AIA Tucker

AIA’s Tucker sees Citi deal spurring growth

AIA’s Mark Tucker tells FinanceAsia why his multi-billion-dollar deal with Citi will lead to the insurance group's profitable expansion.
AIA's Mark Tucker shakes hands with Citi's Stephen Bird
AIA's Mark Tucker shakes hands with Citi's Stephen Bird

Former professional soccer player Mark Tucker is drilling his team at the world’s fourth-largest life insurer by market capitalisation. His strategy is working.

Since taking the job as chief executive in 2010, Tucker has broadened AIA Group’s Asian footprint with acquisitions in Malaysia and by setting up shop in Myanmar.

In December, he also inked a multi-billion dollar deal with New York-based Citigroup to distribute its policies across the region. AIA, which separated fully from bailed-out AIG in 2012, now has exclusive rights to distribute insurance products via its branch network in 11 Asia-Pacific markets to Citibank’s corporate clients as well as to about 13...

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