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Key executive changes at Great Eastern Holdings
CFO quits to join AIA, replacement identified and awaiting approval; firm says group ops MD opted for early retirement
Add BT as a preferred sourcePublished Tue, May 17, 2016 · 09:50 PM
Singapore
THE wheels of change have been set in motion at Singapore's oldest insurance group, Great Eastern Holdings, following the sudden exit of at least two key executives in recent weeks - which caught industry players and observers by surprise.
In a filing with the Singapore Exchange (SGX) on the morning of April 27, the group - the insurance arm of local lender OCBC Bank - said its chief financial officer Tony Cheong would leave on May 13 to "join a multinational company". He is now with insurer AIA.
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