HSBC Insurance (Singapore) announced the appointment of Mr Carlos Vazquez as its new CEO. Mr Vazquez succeeds Mr Ian Martin, who will be assuming a new global role in HSBC Group Insurance based in London.
Mr Vazquez’s key mandate is to accelerate the growth of HSBC Insurance in Singapore through unleashing the insurance distribution potential within the HSBC Group, expanding its strategic distribution partnerships, and delivering innovative direct-to-consumer digital solutions.
He joins HSBC Insurance (Singapore) from Manulife (Singapore) Pte. Ltd where, as Chief Product Officer, he oversaw product management and pricing, and played a key role in successfully launching the DBS-Manulife partnership. In Asia, he also served as the Chief Product Officer for Manulife Indonesia, where he led the launch of many local product innovations. Mr Vazquez is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.