UK insurers CGU expands team in Singapore

Charles Anderson arrives from London to build the company''s savings and wealth management business in Asia.

CGU, one of the UK's largest insurance companies, has seconded Charles Anderson to Singapore to build the group's savings and wealth management business in the region. The appointment comes three months after CGU acquired the Insurance Corporation of Singapore from DBS.

Anderson's title will be managing director for Asia, and will be responsible for growing and developing the company's long-term savings business in Singapore, Malaysia, Thailand, China and India. In September, CGU was awarded a license by the Chinese government to set up a life insurance company on the mainland, while in India the company is just about to launch a joint venture life business that will commence operations early...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222