FWD has promoted Abhishek Bhatia, chief executive FWD Singapore, to chief officer of new business models.
Bhatia’s new group role will look after the growth of “digital direct-to-consumer business across the company as well as enhancing the structuring and execution of digital partnerships and investments.”
Bhatia (pictured) will be succeeded by Khor Kee Eng, chief financial officer FWD Singapore.
Khor previously served as FWD Singapore’s chief financial officer since March 2019 when he joined the company. Prior to FWD, he was group chief actuary at Malaysia’s Tune Protect Group, and also held stints at QBE and RSA.
Rob Schimek, FWD’s chief commercial officer, commented: “We’re well-positioned [now] to drive our next phase of growth in Singapore. [Khor’s] appointment is a testament to the strong pool of talent we have across our organisation.”
The new appointments follow from recent moves in the group. Just last week, FWD Group tapped Simeon Preston to succeed Schimek as managing director and group chief operating officer. Preston joined from Bupa, where he was serving in a UK-based role as chief executive of international markets.
The appointments of Khor and Bhatia are subject to final regulatory approval.
FWD Group has grown rapidly across the region, establishing itself as an innovative and dynamic player in Hong Kong, Indonesia, Japan, Macau, Malaysia, the Philippines, Singapore, Thailand and Vietnam. It serves more than seven million customers and has over 6,400 employees across Asia.

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