Transamerica Life Bermuda Reaffirms Its Growth Ambition with Key Senior Appointments

HONG KONG, Jan. 8, 2021 /PRNewswire/ -- Transamerica Life (Bermuda) Ltd. (TLB) announced today that Mr. Jeremy Young has joined the company as its global Head of Sales & Distribution, and that Mr. Benjamin Chua, Head of Finance for its Singapore Branch Office, has received regulatory approval from the Monetary Authority of Singapore (MAS) to assume the additional role of Chief Executive for TLB in Singapore.

As Head of Sales & Distribution, Mr. Young will be responsible for enhancing and executing the company's sales strategy, while building its distribution capability and leading the distribution teams to drive profitable sales and accelerate business growth across Hong Kong, Singapore and Bermuda. In addition, Mr. Young will cultivate and further key relationships with brokers, private banks and other financial firms to expand TLB's distribution relationships and footprint across the globe. He will report to TLB's President, Ms. Hazel Etherington.

"We're delighted to have Jeremy join the TLB family. Jeremy's appointment to this critical position is further testimony of our commitment towards growth as a leading High Net Worth (HNW) life insurance provider of choice for business partners and customers in our key markets. Jeremy will build upon TLB's strong business partner servicing capabilities and work closely with our distribution partners, helping them to better serve HNW customers who are looking to achieve financial security and protection during these uncertain times," said Hazel Etherington.

Mr. Young previously worked at Sun Life Financial where over an eleven-year period, he served in various senior management roles, most recently working as its Chief Marketing Officer for Asia. He has over 25 years of experience in the life insurance industry with extensive experience in the areas of distribution having first joined the industry as a broker and having led development of broker and bancassurance distribution channels in his prior roles at Sun Life Hong Kong, AIA NZ, and Sovereign Assurance.

Mr. Chua, in his recently appointed role as Chief Executive, will oversee the execution of TLB's corporate strategy to drive growth for its business in Singapore. In addition to this appointment, Mr. Chua, who has been with TLB since 2014, will continue in his role as Head of Finance where he remains responsible for the overall capital management and financial reporting and management activities of the Singapore business. He will report directly to TLB's Chief Executive Officer, Mr. Chirag Rathod.

"I'm very pleased to appoint Benjamin Chua as Chief Executive for our Singapore business," said Chirag Rathod. "Singapore is an extremely important market for TLB and Benjamin is a strong leader within the organisation and is widely respected by his peers. He has a deep knowledge of the market and our business operations in Singapore. His solid track record of delivery will prove invaluable in leading and driving sustainable business growth in the country," he added.

TLB is a leading life insurance company dedicated to serving HNW and Ultra High Net Worth (UHNW) individuals. As a life insurance provider solely focused on the HNW market, TLB has extensive experience in handling large sums assured and complex cases to support legacy and business planning for its customers.

About Transamerica Life (Bermuda) Ltd.: Transamerica Life (Bermuda) Ltd. (TLB) is a leading High Net Worth life insurance provider, dedicated to offering life protection to High Net Worth individuals, families and businesses across Asia and beyond. Transamerica has been in Asia for over 80 years and has been the pioneer in managing universal life portfolios since 1981. TLB was awarded International Life Insurer of the Year Award (Hong Kong) at the Asian Banking & Finance Insurance Asia Awards 2019. TLB is part of the Aegon Group, a leading, international financial services group providing life insurance, pensions and asset management based in The Hague, Netherlands. Further information about TLB is available here: www.transamericalifebermuda.com

About Aegon: Aegon's roots go back 175 years – to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia. Today, Aegon is one of the world's leading financial services organisations, providing life insurance, pensions and asset management. Aegon's purpose is to help people achieve a lifetime of financial security. Further information about Aegon is available here: www.aegon.com.

Source: Transamerica Life (Bermuda) Ltd.


© PR Newswire

Gracell Biotechnologies Announces Pricing of Initi...
Atsushi Sugita Succeeds Koichi Takagi as President...

By accepting you will be accessing a service provided by a third-party external to https://chatpips.com/


Broker Search

Latest Spot Rate

23 January 2021
Key risk events today: ECB President Lagarde Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: Weekly gain/loss: +0.79% Weekly close: 1.2170 Weekly perspective:...
23 January 2021
First, a review of last week's events: - EUR/USD. We published a chart seven days ago that clearly showed how the correlation between the S&P500 index and EUR/USD was broken in early January. But now everything is back to normal: the S&P500 c...
23 January 2021
BEIJING, Jan. 23, 2021 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI), today announced that it will hold its 2020 Annual General Meeting of Shareholders (the "AGM") at Huami Co., Ltd. Building B2, zhongguancun No.1, No.81 Be...
23 January 2021
Market Insights Podcast (Episode 154) - MarketPulseMarketPulse Home/Newsfeed/Podcasts Share 0 Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they discuss the President Bi...
23 January 2021
US Close –Stocks pare losses after record PMIs and housing data, FX, Oil softer post EIA, Gold clawing back, and Bitcoin rebounds - MarketPulseMarketPulse Home/Commodities/Crypto/FX/Indices/Metals/Newsfeed/Oil/Treasuries Share 0 US stocks pared the e...
How It Works | About | Contact | Contributors | Privacy Policy | Advertise
© 2009 - 2021 ChatPips. All Rights Reserved. Terms of Use: The content on this website is solely for educational and informational purposes and is not a substitute for official documentation of the original owners. Daily economic news is provided by third-party website. This site is not operated by, sponsored by, endorsed by, or affiliated with any parties in any way. The website owner, the authors, the publishers, and all affiliates of ChatPips.com assume no responsibility or liability for your trading and investment results. You should always check and confirm with several sources with your licensed financial advisor and tax advisor to determine the suitability of any investment before making your final decision. Your continued usage and browsing of information on this website constitute your agreement to this Terms of Use. If you do not agree, please do not proceed to use this website. Brokers Directory: The companies license information were obtained from respective local jurisdiction. All other company and/or product names are trademarks and/or registered trademarks of their respective owners.