As the CEO of AIA Myanmar since April 2019, Luc will be leveraging his considerable 24 years of life insurance sector experience, as he looks to steer the company and its employees towards building a leading life insurance company to help the people of the country live Healthier, Longer, Better Lives. To realize this brand promise and ambition, his team aims to bring innovative and creative offerings that resonate with Myanmar’s rich culture and incorporate its unique values.
Luc initially joined AIA, currently the no.1 life insurance company in the world in terms of market capitalization, back in 2007 where he served as the Chief Financial Officer (CFO) of AIA Vietnam. In this role, he was instrumental in driving AIA’s innovative approach in Vietnam, helping the company uniquely set itself apart through its distinctive approach to commercial operations, customer services and brand positioning. In April of this year, he was appointed as Chief Executive Officer (CEO) of AIA Myanmar.
Working with AIA Insurance Group Limited for more than a decade, Luc has witnessed its impressive growth and will now oversee AIA Myanmar’s market development in a country that is poised to see its insurance sector flourish with increased competition from both foreign and local firms providing unprecedented opportunities. His wealth of industry experience and success in various markets will play a crucial role as he helms a rapidly expanding AIA team here.
Prior to his recent appointments with AIA, Luc had already built a significant portfolio of key industry positions including roles as Chief Actuary, Chief Strategy and Marketing Officer, amongst others, in diverse markets such as Montreal, Toronto and Ho Chi Minh City. These were all for major insurance organizations such as L’Industrielle-Alliance, Canada Life and AXE Life Vietnam.
Chief Technology and Operations Officer, AIA Myanmar
Sally Chong, Chief Technology and Operations Officer of AIA Myanmar brings her 34 years of Asian life insurance experience to Myanmar. Utilizing Myanmar’s history of leap frogging she looks forward to streamlining operations in an efficient manner. With Sally ideas become reality.
Dedication and loyalty defines Sally. 25 years with Prudential Services and 9 years with AIA demonstrates the ethos of Sally. Dedication and loyalty of a life insurance company helps provide services for generations to come.
Sally’s strengths lay in her analytical skills. Through analyzing she is able to create opportunities, implement projects and influence those around her for successful projects. She is confident in being able to motivate businesses, vendors and technical teams across business communities in developing profitable and socially responsible businesses in Myanmar.
In the Asian insurance industry understanding culture is an important component of success. With experience in Chief Life Operations, Head of Business Consulting, Sally is able to utilize the Myanmar cultural norms and creating opportunities . Sally looks forward to developing processes and uplifting standards in her tenure in Myanmar.
Chief Strategy Officer, AIA Myanmar
Vivek Aranha, the Chief Strategy Officer of AIA Myanmar is responsible for setting the strategic direction for the company, building the agency and partnership distribution channels, securing new distribution partners and partnerships to enhance the customer proposition. He is also responsible for executing and driving sales for the partnership distribution channel. Vivek has been involved with AIA Myanmar for the past three years and played a key role in AIA being granted a 100% wholly-owned life insurance license in Myanmar.
Before his move to Myanmar, Vivek was part of the AIA Group Business Strategy team based in Hong Kong and worked on a range of material-to-Group organic and inorganic projects, which included the development of AIA Group’s 5-year corporate strategy.
Vivek has over 11 years of experience in the Asia region across 10 countries and before joining AIA, he worked with KPMG, MetLife and Sunlife in both regional and country roles. He has taken on a number of roles ranging from heading strategy in a country to to playing a key role in the Asia regional team launching and building the Bancassurance channel in Vietnam and Malaysia.
Vivek holds an MBA degree in Finance and Strategy and a bachelor’s degree in Electronics and Telecommunication Engineering.
CAO, AIA Myanmar
Grace Hmun, the Chief Agency Officer of AIA Myanmar is a local who brings back her 18 years of experience from the USA, home. Through her work, Grace hopes to be able to contribute to the socio-economic development of Myanmar.
Starting as just a client financial analyst at Citibank, to Mortgage Loan Officer, to Deputy General Manager at CB Insurance in Myanmar, Grace is dedicated to helping the next generation have a better life and future. She attributes her success to having a good foundation with her mathematics degree.
Since her return from USA, Grace has used her charisma to inspire the youth of Myanmar to study hard and work hard towards a better life. Receiving awards in Myanmar, The Luyechun Award for her high intellect, to being the Top Sales-Closer in the USA, she is able to leverage her experiences with the youth.
Grace looks forward to taking advantage of her position to develop a Corporate Social Responsibility (CSR) program to make a difference in Myanmar.
Chief Actuary, AIA Myanmar
Kelvin Yeong, Chief Actuary of AIA Myanmar is a renowned actuary in the region for over 9 years. Kelvin strongly believes that insurance can drive socio-economic growth in emerging markets. He hopes to help advance the insurance industry in Myanmar.
Since the beginning of his professional career Kelvin has always known that he wanted to be an actuary. Graduating with an Actuarial Science Degree from the National University of Malaysia, Kelvin excelled in school by being in the first class. Shortly after, Kelvin was inducted into The Society of Actuaries as Chartered Enterprise Risk Analyst (CERA) and Fellow of Society of Actuaries (FSA). He has worked with AIA in Malaysia as the Senior Actuary, as the Regional Actuary with MetLife Asia and now the Chief Actuary with AIA Myanmar.
Kelvin is passionate in providing business solutions and insights through the application of analytical and risk management knowledge. With his in-depth experience and knowledge Kelvin is able to understand business and apply new techniques to bring tremendous benefits to the Myanmar people and country.
Kelvin looks forward to unleashing financial synergies of businesses in Myanmar. In Kelvin’s experience of reporting integration, margin enhancement initiatives and development of a career scheme, socio-economic development for Myanmar is just around the corner.