ACE Life Insurance Company, part of the ACE Group of Companies, has appointed Allan Lam as the country president, replacing Anthony Mak who will be retiring in late March.
Mr. Lam will spearhead development and operations of ACE Life in Hong Kong, formulate corporate strategy and lead new business expansion to ensure sustainable growth in the local market. He will report to Kevin Goulding, Regional President, ACE Life in Asia Pacific.
Mr. Lam brings to ACE Life more than 18 years of insurance experience in Asia. His most recent role was CEO/ Country Manager, China, and Senior Vice President for Business Development, Southeast Asia with an international insurer. Prior to this post, Mr. Lam also held senior management roles at various leading global life insurers in Hong Kong and China.
"Allan brings to ACE Life a wealth of knowledge and experience in strategic planning, business development, and distribution," said Kevin Goulding, Regional President, ACE Life in Asia Pacific. "I am confident that with his extensive leadership experience in the life insurance industry, ACE Life will continue to grow even stronger in Hong Kong and serve our customers better."
Allan Lam, Country President of ACE Life in Hong Kong, said, "ACE Life has grown significantly and achieved outstanding business performance in recent years. I’m excited to join the ACE Life team and look forward to leading the operations to its next phase of growth."
Mr. Lam is a graduate of Humber Institute of Technology, Ontario, Canada, and holds a Masters of Business Administration degree from the University of Ottawa, Ontario, Canada.