The Executive Council of New York-headquartered International Society of Insurance (IIS) has elected Aviva's executive chairman of Asia, Mr Chris Wei, to chair the Council.
With immediate effect, Mr Wei succeeds Mr Greig Woodring, former President & CEO of RGA, who will remain on the Executive Council serving as immediate past chair, according to a statement issued on 14 January.
“Greig leaves big shoes to fill; under his stewardship IIS has flourished, expanding its profile significantly with new initiatives and pioneering partnerships. Most recently, Greig led IIS through the successful affiliation with The Institutes, positioning IIS for greater expansion. We are grateful for Greig’s commitment and steady hand at the helm of IIS for more than five years and we are very pleased to have found in Chris such a worthy successor,” said Mr Mike Morrissey, IIS President and CEO. “Chris has been a member of the IIS leadership for several years, working closely with Greig and the Council members in plotting the course for IIS. Chris has not only embraced, but has helped shape the IIS's strategy and vision for the future.”
Mr Woodring said, “Chris serves as a guiding voice for IIS, providing expertise on a dynamic marketplace from the perspective of an industry frontrunner in Asia and globally. With the 2019 Global Insurance Forum taking place in Singapore, there is no better representation of IIS than Chris and we are proud to have him in this leadership role.”
Mr Wei said, “The global marketplace is evolving at an accelerated pace with rapid technological advancement. I believe innovation in insurance can bring about real social impact and mitigate some of the greatest challenges facing society today. It is therefore imperative for insurers to collaborate with all stakeholders to strengthen the resilience of the industry and improve the lives of our customers at the same time. IIS provides a perfect platform for us to do just that – to drive betterment of the industry and communities.”
Mr Wei joined Aviva in October 2014 as CEO Global Life Insurance. Since then, his role has evolved and he is currently the executive chairman of Aviva Asia and Friends Provident International, as well as the global chairman of Aviva Digital.
From 2011 to 2014, Mr Wei was group CEO and executive director of Singapore's Great Eastern Holdings and many of its key subsidiaries.
Prior to this, Chris was the executive vice president and group chief marketing officer of AIA.
IIS serves as the inclusive voice of the industry, providing a platform for both private and public stakeholders to promote resilience, drive innovation, and stimulate the development of markets. Its members include life and nonlife insurers from developed and emerging markets, as well as brokers, scholars, regulators and advisors. Its signature annual event, the Global Insurance Forum, is considered the premier industry conference and is attended by 500+ insurance leaders from around the globe.
IIS is an affiliate of The Institutes, which are committed to meeting the evolving professional development needs of risk management and insurance professionals through innovative research, networking, and career resources.