Asian
Insurance
Forum 2024

Mr Stephen YIU Kin-wah

JP

Chairman

Insurance Authority

Mr Yiu took up the Chairmanship of the Insurance Authority (IA) since December 2021. He has been a member of the IA Board since its inception in 2015. Mr Yiu was the Chairman and Chief Executive Officer for Mainland China and Hong Kong of KPMG, possessing in-depth knowledge on auditing large banking and financial corporations. He was also a government-appointed Director on the Board of Hong Kong Exchanges and Clearing Limited. Mr Yiu has been actively promoting the financial services sector of Hong Kong and is currently a member of the Exchange Fund Advisory Committee and a director of the Hong Kong Academy of Finance. He is also a government-appointed Board member of the Hong Kong Airport Authority.

The Honourable John LEE Ka-chiu

GBM, SBS, PDSM, PMSM

The Chief Executive

Hong Kong Special Administrative Region

Mr John Lee was born in 1957. He joined the Hong Kong Police Force in 1977 as a Probationary Inspector of Police and was promoted to Deputy Commissioner of Police in 2010. He served in a variety of posts in the Force, including Assistant Commissioner (Crime), Director of Crime and Security and Deputy Commissioner (Management). He holds a Master's degree of Public Policy and Administration from Charles Sturt University in Australia.

Mr Lee was appointed Under Secretary for Security in 2012 and Secretary for Security in 2017. During his service in the Security Bureau, he was responsible for the formulation of security policies covering law and order, immigration and customs control, fire and emergency rescue services, correctional services, government flying services and other areas. He also oversaw and coordinated the work of six disciplined services departments and two auxiliary forces under the Bureau.

Mr Lee was appointed Chief Secretary for Administration in 2021. Apart from assisting the Chief Executive in policy administration, Mr Lee was also responsible for supervising the work of nine policy bureaux, harmonising the work which straddled across different bureaux and departments, as well as promoting a good relationship between the Executive Authorities and the Legislature.

Mr Lee won the Chief Executive Election of the Hong Kong Special Administrative Region on 8 May 2022, and was appointed as the sixth-term Chief Executive by the Central People's Government on 20 May 2022. Mr Lee assumed office on 1 July 2022.

Mr Jonathan DIXON

Secretary General

International Association of Insurance Supervisors (IAIS)

Jonathan Dixon is Secretary General of the IAIS, with effect from 3 November 2017.

Prior to becoming Secretary General, Mr Dixon had a long association with the IAIS, having been a member of the IAIS Executive Committee since 2009 and Chair of its Implementation Committee since 2012. He also chaired the Governing Council of the Access to Insurance Initiative (A2ii), a joint initiative of the IAIS and development partners aimed at strengthening responsible and inclusive insurance.

Prior to joining the IAIS, Mr Dixon was Deputy Executive Officer at the Financial Services Board of South Africa, with responsibility for insurance regulation and supervision. He was appointed to this position by the Minister of Finance in 2008. Before that he worked for 10 years for the National Treasury of South Africa on economic and financial sector policy issues.

Mr Dixon has a Master of Science in Economics from the London School of Economics.

LinkedIn: @jonathandixon

The Honourable Mrs Laura M. CHA

GBM, GBS, JP

Senior Advisor to the Board

Hong Kong Exchanges and Clearing Limited

Mrs Laura M. Cha is Senior Advisor to the Board of Hong Kong Exchanges and Clearing Ltd (“HKEX”), where she served as Chairman from April 2018 to April 2024. She is also Chairman of HKEX’s International Advisory Council and Mainland China Advisory Group.

Mrs Cha currently serves as an Independent Non-Executive Director of Ant Group Co. Ltd. and is a member of the Hong Kong-United States Business Council. She is a director of the board of the Bretton Woods Committee in Washington, a trustee of the Rockefeller Foundation, and a member of Sotheby’s International Advisory Board. In addition, she is Vice Chairman of the International Advisory Council of the China Securities Regulatory Commission.

Mrs Cha became the first, and to-date, the only person outside Mainland China to join the Central Government of the People’s Republic of China at the vice-ministerial rank when she was appointed as Vice Chairman of the China Securities Regulatory Commission (“CSRC”) in January 2001. She served in that position until 2004. Prior to that, Mrs Cha practiced law in the US and in Hong Kong. She worked her way through the ranks at the Securities and Futures Commission (“SFC”) in Hong Kong from 1991 to 2000, becoming its Deputy Chairman in 1998.

Mr Jad ARISS

Managing Director

Geneva Association

Jad Ariss was appointed Managing Director of The Geneva Association by its Board of Directors, effective 1 March 2019.

Before The Geneva Association, Jad spent 24 years with AXA Group, most recently as Head of Public Affairs and Corporate Responsibility. Prior to that, he was Chief Executive Officer (CEO) of AXA Middle East & Africa, leading the company’s operations across 14 countries. Jad joined AXA in 1995 as Chief Financial Officer of AXA Global Risks. In 1999, he became Group Head of Investor Relations. From 2001-2015 Jad worked for AXA France in several leadership roles, including Corporate Secretary, Human Resources Director, CEO of AXA Entreprises (AXA France’s division for commercial lines) and Deputy CEO of AXA France.

Jad started his career as a consultant at McKinsey & Company, where he specialized in financial services. He is a graduate of the HEC Business School in France and holds an MBA degree from the Wharton School of the University of Pennsylvania.

Mr Andrew MAIS

President

National Association of Insurance Commissioners, USA

Vice Chair, Executive Committee

International Association of Insurance Supervisors (IAIS)

Andrew N. Mais, Connecticut’s 33rd Insurance Commissioner serves as the 2024 National Association of Insurance Commissioners (NAIC) President. Mais also serves on various NAIC and International Association of Insurance Supervisors (IAIS) committees and task forces.

Mais has led discussions in several forums on race, diversity, and inclusion at the state level and within the insurance industry and in insurance practices.

Mais previously was a member of Deloitte’s Center for Financial Services. Prior to that, he was a Director at the New York State Insurance Department.

Mais has dedicated much of his life to public service including serving on numerous councils in his hometown of Wilton, Connecticut.

Mr Jeferino dos SANTOS

Chief Actuary

Bermuda Monetary Authority

Jeferino dos Santos is the Chief Actuary at the Bermuda Monetary Authority (BMA), since 2022. He leads a team that provides P&C and Life actuarial support to the BMA.

Prior to his current role, Jeferino was the Deputy Director for the P&C Actuarial. He joined the BMA in 2015.

Jeferino is a member of the Capital, Solvency & Field Testing Working Group at the International Association of Insurance Supervisors and leads the workstream for Internal Models for the Insurance Capital Standard.

Previously, Jeferino worked at AXA Mediterranean and Latin America from 2010 to 2015. He was the Head of P&C Risk Modelling (2000-2010) and subsequently worked as Head of Reserving (2014-2015).

Jeferino began his career at Allianz Portugal (2000-2010) as an Actuary, where he was responsible for Reserving, Capital modelling, ALM, and Reinsurance.

He has also been a guest lecturer for post-graduate programmes in Portugal and Spain.

Ms Suzanne SMITH

Executive Board Member

Australian Prudential Regulation Authority

Member, Executive Committee

International Association of Insurance Supervisors (IAIS)

Suzanne Smith was appointed Executive Board Member of Australian Prudential Regulation Authority (APRA) on 31 October 2022, responsible for the general insurance, life insurance and private health insurance sectors.

She joined APRA in March 2019 initially as General Manager for Superannuation and then Executive General Manager for the Specialised Institutions Division. In December of that year, she was promoted into the Executive Director role with responsibility for the prudential supervision of superannuation funds licensed under the Superannuation Industry (Superannuation) Act 1993.

Prior to joining APRA, Suzanne’s career included senior roles across the superannuation and financial services industry in areas including life insurance, funds management, asset servicing, alternative investments, wholesale banking and property.

Immediately prior to joining APRA, Suzanne held the role of Chief Customer Officer Group Insurance at MLC Life Insurance. She has also held several senior roles within NAB, including acting as a director and Chairman of a NAB Subsidiary Board from 2011 to 2015.

Suzanne holds a Bachelor of Business with distinction (Property), a Masters of Applied Finance, and is a graduate of the Australian Institute of Company Directors.

Ms Luo Yanjun

Director-General, Personal Insurance Supervision Department

National Financial Regulatory Administration

(Biography in Chinese only)

罗艳君女士现任国家金融监督管理总局人身保险监管司司长。她曾任中国保监会天津监管局副局长、保险资金运用监管部副主任，中国银保监会保险资金运用监管部副主任、主任。

Dr Stephen WONG Yuen-shan

Head, Chief Executive’s Policy Unit

The Government of the Hong Kong Special Administrative Region

Dr Stephen Wong Yuen-shan is currently Head of the Chief Executive’s Policy Unit.

He was previously Our Hong Kong Foundation (OHKF)’s Senior Vice President and Executive Director of Public Policy Institute and a member of the Legislative Council.

He earned his Bachelor of Arts in Economics from the University of Chicago, Master of Arts from Yale University, and Doctor of the Public Administration from the University of Hong Kong. He held managerial roles with several global financial institutions, including as Executive Director at UBS (London) and Managing Director at Royal Bank of Scotland (Asia).

He held a number of public service positions, including member of the Board of the Financial Services Development Council and the Urban Renewal Authority.

Professor K C Chan

GBS, JP

Chairman

WeLab Bank

Professor Chan is the Chairman of WeLab Bank and Senior Advisor of WeLab, a leading fintech company in Asia with one of the first virtual banks established in Hong Kong.

Professor Chan was appointed as Secretary for Financial Services and the Treasury of the Government of the Hong Kong Special Administrative Region from July 2007 to June 2017. Prior to that, he was Dean of Business and Management in the Hong Kong University of Science and Technology (HKUST). He is currently Adjunct Professor at HKUST Business School.

Professor Chan received his bachelor's degree in economics from Wesleyan University and his M.B.A. and Ph.D. in finance from the University of Chicago. He specialised in assets pricing, evaluation of trading strategies and market efficiency and has published numerous articles on these topics.

In the past, Professor Chan held a number of public service positions including Chairman of the Consumer Council, Director of the Hong Kong Futures Exchange, member of Competition Commission, Non-Executive Director of The Hong Kong Mortgage Corporation Limited, and Member of the Commission on Strategic Development, Commission on Poverty, the Exchange Fund Advisory Committee, the Hang Seng Index Advisory Committee, and the Hong Kong Council for Academic Accreditation.

Ms Fiona HARRIS

Managing Director

Bupa Hong Kong

Fiona Harris joined as the Managing Director of Bupa Hong Kong in October 2023, bringing with her over 30 years’ experience in healthcare and health insurance.

In her role, Fiona leads Bupa Hong Kong to deliver Connected Care, bringing together health insurance and health services as one team, purely dedicated to support every customer to achieve their best health outcome. As the only specialist health insurer owning an extensive network of clinics, diagnostic and imaging centres, and a laboratory, she is focused on ensuring the customer experience is seamless and supported digitally through Blua Health, Bupa’s leading healthcare app.

Prior to this role, Fiona was the Chief Finance Officer, Bupa Insurance Limited, Bupa’s UK Domestic and International Health Insurer. She has an exceptional record in transformation and commercial leadership. She has held senior leadership roles across Bupa’s UK insurance businesses and Bupa’s corporate centre.

Prior to the move to Hong Kong, Fiona was an executive member of the Bupa Insurance Limited Board and Chair of the Investment Committee. She was also joint Chair of the Association of British Insurers Health and Protection Committee and a Director of the Bupa Pension Scheme Trustee.

Fiona has a graduate diploma in Statistics with Economics and Econometrics from The Royal Statistical Society. She is a Non-executive Director of Lockton Companies LLP in the UK.

Ms Alpha Lau

Director-General of Investment Promotion, Invest Hong Kong

The Government of the Hong Kong Special Administrative Region

Ms Alpha Lau has been Director-General of Invest Hong Kong, the government department responsible for attracting and facilitating direct investment into Hong Kong, since November 2023.

She serves on the government’s Trade and Industry Advisory Board, International Business Committee, Expert Advisory Group on Legal and Dispute Resolution Services, Air Silk Road Task Force, Hong Kong Maritime and Port Board, Market Development Committee of the Financial Services Development Council, Task Force on Promoting and Branding Hong Kong, Mega Events Coordination Group, Task Force on Promoting Web3 Development, and on the Task Force on External Relations.

Prior to joining the government, Ms Lau held various senior roles in multinational and Chinese financial institutions, with experience in personal wealth and corporate coverage, risk management, FinTech, transactional banking and M&A project management.

Ms Lau holds Bachelor and Master (Hon.) Degrees in Philosophy, Politics and Economics from the University of Oxford, and a Certificate in further education from Tsinghua University, Beijing.

Professor Frederick MA Si-hang

GBS, JP

Chairman

FWD Group Holdings Limited

Professor Ma was born and educated in Hong Kong. He graduated with a Bachelor of Arts (Honours) degree from the University of Hong Kong in 1973 majoring in economics and history. Since graduation, he had taken up different major positions of various local and overseas banks, financial institutions and major companies, including Chase Manhattan Bank, Royal Bank of Canada Dominion Securities, Kumagai Gumi (HK) Limited, JP Morgan Chase and Pacific Century Cyberworks Limited. He has rich experience in banking and financial sector.

In 2002, he joined the Hong Kong SAR Government as the Secretary for Financial Services and the Treasury and assumed the post of Secretary for Commerce and Economic Development in 2007. He resigned from the Government in July 2008 due to medical reasons.

Professor Ma is the Chairman of FWD Group Holdings Limited, and was the former Chairman of MTR Corporation Limited. He is currently an Independent Non-Executive Director of Bank of China (Hong Kong) Limited, COSCO Shipping Holdings Co., Ltd. and Unicorn II Holdings Limited. He is also a member of the International Advisory Council of China Investment Corporation and Investcorp.

Since 2011, Professor Ma is a Permanent Honourable President of Hong Kong Special Schools Council. He is also an Honorary Professor of the Business School at the University of Hong Kong and the Faculty of Business Administration at the Chinese University of Hong Kong. He was conferred the Honorary Doctor of Social Sciences by Lingnan University and City University of Hong Kong in 2014 and 2016 respectively. From 2017 – 2020, he was the Council Chairman of The Education University of Hong Kong.

In March 2023, Professor Ma was appointed as a member of the Chief Executive’s Council of Advisers. He was awarded a Gold Bauhinia Star in 2009 and appointed a Justice of the Peace in 2010.

Mr Anil WADHWANI

Chief Executive Officer

Prudential plc

Anil is a global financial services leader with more than 30 years' experience, predominantly in Asia, combining strategic vision and execution in some of the world's biggest companies.

Prior to joining Prudential, Anil served as President and CEO of Manulife Asia where he successfully grew and transformed its diversified and multi-channel business with significant market share gains in many key markets and made it the company’s largest source of core earnings. Prior to this, he spent 25 years with Citi in Asia Pacific, EMEA and the US, in a number of consumer financial services roles.

Anil holds a Master’s Degree in Management Studies from the Somaiya Institute of Management Studies and a Bachelor’s Degree in Commerce from the Narsee Monjee College of Commerce and Economics.

Professor Anna WONG Wai-kwan

Non-Executive Director

Insurance Authority

Professor Wong is a Professor of Practice in Finance at the University of Hong Kong, delivering courses on financial regulation, compliance and risk management. She is currently an Independent Non-executive Director of The Hong Kong and China Gas Company Limited and the MTR Corporation Limited, and a member of the Competition Commission. She has held senior roles in several global financial institutions and is a former member of the Advisory Committee of the Securities and Futures Commission.

Mr Andrew FUNG Hau-chung

SBS, JP, FIPA (Australia)

Executive Director and Chief Financial Officer

Henderson Land Development Company Limited

Chief Strategy Officer

Full Vision Capital

Mr Andrew FUNG Hau-chung has been the Chief Financial Officer of Henderson Land Development Company Limited (HLD) since 2017 and an Executive Director of HLD since 2020. He is also a non-executive director of The Hong Kong and China Gas Company Limited, a listed company. He holds the Bachelor of Arts Degree from The University of Hong Kong and the Honorary Fellowship awarded by Lingnan University. He was awarded the Silver Bauhinia Star (SBS) by the Government of the Hong Kong Special Administrative Region in 2024. Mr Fung served as an executive director and the Head of Global Banking and Markets of Hang Seng Bank Limited, a listed company, before he stepped down from such positions in July 2017. He has been engaged in the banking industry since graduation, serving at Societe Generale, The Hongkong and Shanghai Banking Corporation Limited, Commonwealth Bank of Australia, Hong Kong Branch and DBS Bank (Hong Kong) Limited. He has 42 years of experience in banking, capital markets and asset management. He is the Professor of Practice (Finance) in the School of Accounting and Finance of The Hong Kong Polytechnic University, the Adjunct Professor of The Hang Seng University of Hong Kong and a member of the school management committee of Buddhist Tai Hung College. Mr Fung is currently a member of the Court of The University of Hong Kong, a trustee of The D.H. Chen Foundation, a member of the Cantonese Opera Advisory Committee and the Cantonese Opera Development Fund Advisory Committee, a member of the Banking Review Tribunal, a board member of The Community Chest of Hong Kong and a non-executive director of the Accounting and Financial Reporting Council. Mr Fung had previously been a board member of the Hospital Authority, a board member of the Airport Authority Hong Kong, a director of The Hong Kong Mortgage Corporation Limited, an associate member of the Central Policy Unit of the Government of the Hong Kong Special Administrative Region, a lay council member of the Hong Kong Institute of Certified Public Accountants, a client representative director of OTC Clearing Hong Kong Limited and the chairman of the Hospital Governing Committee of Pamela Youde Nethersole Eastern Hospital.

Mr Edward MONCREIFFE

Chief Executive Officer, Global Insurance

HSBC Holdings plc

Edward (Ed) Moncreiffe is Chief Executive Officer, Global Insurance. Based in Hong Kong, he oversees the HSBC Group’s insurance business, with life insurance companies in Hong Kong, Macau, mainland China, Singapore, India*, France, UK, Malta, Bermuda, Mexico and Argentina, as well as insurance distribution units in 27 markets.

Ed has been with the HSBC Group for 18 years during which time he has held a number of leadership roles, including Head of Life and Pensions Brazil, Global Head of Retail Insurance and Global Head of Insurance Strategic Partnership. Prior to his current role, Ed was Chief Executive Officer of HSBC Life Hong Kong and Macau for 7 years.

Outside of HSBC, Ed continues to play an active role in the local business community and in promoting Hong Kong and Asia on the global stage. He is the Chairman of the Board of Governors of the Matilda International Hospital, and a former Chairman of the Hong Kong Federation of Insurers (HKFI) and the City Mental Health Alliance (CMHA). Ed represents Asia-Pacific on the Executive Council of the International Insurance Society (IIS) and previously represented Asia-Pacific on the Board of the United Nations Environment Programme Principles for Sustainable Insurance (UNEP PSI).

He holds a BA (Hons) from University of Durham, UK and a MBA (Hons) from University of Chicago Booth School, USA. Ed is also a Chartered Insurer of the Chartered Insurance Institute (CII) and sits on the Executive Council of the International Insurance Society (IIS).

*Through the joint venture, Canara HSBC Life Insurance

Mr Philip WITHERINGTON

President and Chief Executive Officer

Manulife Asia

Phil Witherington is President & Chief Executive Officer of Manulife Asia and has been a member of Manulife’s Executive Leadership Team since 2018. He oversees Manulife’s fast-growing Asia franchise, which includes operations in Hong Kong and Macau, mainland China, Japan, Singapore, Vietnam, Indonesia, the Philippines, Malaysia, Cambodia, and Myanmar.

Before his current role, Phil served as Chief Financial Officer at Manulife starting in 2018 where he managed the company’s global financial affairs, and successfully led the implementation of IFRS 17 and IFRS 9. Phil joined Manulife in 2014 as Chief Financial Officer of Manulife Asia and served as its Interim President & Chief Executive Officer in 2017.

With over 25 years of experience in insurance and financial services, Phil has worked in both developed and emerging markets within Asia and globally. Prior to joining Manulife, he led finance for the Retail Banking and Wealth Management business at HSBC in Asia Pacific and served as the Deputy Regional Chief Financial Officer for its Asian insurance businesses. He was also Vice President of Finance at AIA, in Hong Kong and spent a decade with KPMG in London and Hong Kong, specializing in financial services audit and advisory services, focusing particularly on life insurance clients.

Phil holds an Executive MBA jointly awarded by the University of Edinburgh Management School (United Kingdom) and the École Nationale des Ponts et Chaussées (Paris, France). He is a Fellow of the Institute of Chartered Accountants in England & Wales (FCA) and the Hong Kong Institute of Certified Public Accountants (FCPA).

Mr CG ZHOU

Chief Executive Officer and Executive Director

CPIC Investment Management (HK) Company Limited

Mr Zhou serves as the Chief Executive Officer and Executive Director of CPIC Investment Management (HK), the international investment arm of China Pacific Insurance Group. Since founding the firm in 2018, he has adeptly transformed it into a prominent asset manager, excelling in both traditional financial markets and digital assets. With over two decades of experience in investment banking and asset management, Mr Zhou has held notable prior positions, including Head of China Business Development at PIMCO, Managing Director at Standard Chartered Bank, and Executive Director at Goldman Sachs.

Mr Clement CHEUNG Wan-ching

GBS, JP

Chief Executive Officer

Insurance Authority

Mr Cheung has been serving as the Chief Executive Officer of the Insurance Authority since August 2018 after retirement from the Administrative Service. Senior positions that he held in the Government include Commissioner of Insurance (2006-2009), Postmaster General (2009-2011), Commissioner of Customs and Excise (2011-2015), and Secretary for the Civil Service (2015-2017).

At the global and regional levels, Mr Cheung is a member of the Executive Committee of the International Association of Insurance Supervisors and Chair of its Audit and Risk Committee, an incumbent member and former Chairman of the Asian Forum of Insurance Regulators (2018-2023), as well as a member of the Professional Advisory Board set up by the Asian Institute of International Financial Law at the University of Hong Kong.

Mr Clement LAU Chung-kin

Executive Director,
Policy and Legislation

Insurance Authority

Mr Lau has over 20 years of experience in public administration and financial regulation. Before joining the Insurance Authority in January 2024, he had held senior positions in the Hong Kong Monetary Authority (HKMA) and the Government of the Hong Kong Special Administrative Region (HKSAR). Mr Lau took charge of various subject matters including monetary management, financial stability, retail payment regulation, offshore renminbi business as well as corporate development while he was with the HKMA. His service as an Administrative Officer in the HKSAR Government covered a wide range of policy areas including health and welfare, district administration, higher education, transport and tourism.

Mr Lau holds a bachelor's degree in finance and a master's degree in economics, both from The University of Hong Kong.

Mr LEE Moung-mo

Executive Director,
General Business

Insurance Authority

Mr Lee joined the Insurance Authority (IA) as Associate Director of the General Business Division in May 2018. Prior to this, he worked in a credit rating agency for 17 years being responsible for the ratings assigned in Asia. While he was working in the credit rating agency, he was a frequent speaker and panelist to many insurance conferences and seminars. Mr Lee has deep knowledge of different financial markets in Asia and a strong passion for realising the social value of insurance. He received his bachelor’s degree in economics from Chung Ang University and his master’s in economics from Seoul National University.

Mr Lee is also heading up the Technical Expert Team in the IA.

Mr Marty LUI Yu-kwok

Executive Director,
Long Term Business

Insurance Authority

Mr Lui joined the Insurance Authority in 2017. He has over 25 years of experience in the field of insurance and retirement fund supervision. He started his career as a regulator in 1995 with the then Office of the Commissioner of Insurance (OCI) supervising property and casualty insurers. He subsequently joined the newly established Mandatory Provident Fund Schemes Authority (MPFA) in 1999 and held various positions within the MPFA for nine years including supervision of retirement pooled funds, investment regulation, and policy development work. Before he rejoined the OCI in 2010 to take up international liaison duties, he held a compliance role with an international life insurer.

Mr Lui holds a Master of Business Administration degree from the Hong Kong University of Science and Technology. He is a CFA Charterholder and a Fellow of the ACCA.

Ms Maria TSUI Man-yee

Head of Enforcement

Insurance Authority

Ms Tsui joined the Insurance Authority as a Senior Legal Counsel in April 2019 before being appointed as the Head of Enforcement in April 2021 where she oversees all enforcement related matters. Prior to this, she has worked at international and local law firms in Hong Kong and overseas, insurance company and the HKEX.

Ms Tsui is a qualified solicitor having gained international and local legal experience on insurance and contentious matters.

Mr Alan WU Wai-kuen

Acting Head of Conduct Supervision

Insurance Authority

Mr Wu is an Associate Director in the Conduct Supervision Division of the Insurance Authority (IA). He assisted in implementing the regulatory regime for insurance intermediaries and formulating the conduct supervisory framework for insurers. Before joining the IA in 2017, Mr Wu has worked with the former Officer of the Commission of Insurance for more than 5 years. Prior to this, he was an auditor working for an international accounting firm in which he specialized in providing assurance services to insurance sector.