AIA Life Korea has appointed Leo Ng, Chief Financial Officer of AIA China, as its new Chief Executive Officer, subject to necessary regulatory approvals. The appointment ends an interim CEO arrangement that followed former CEO Nathan Michael Chuang's departure more than a month earlier. Ng brings more than 30 years of life-insurance experience, including 12 years with AIA, and has served as AIA China Chief Financial Officer since 2016. He has held senior leadership positions across Asia, overseeing strategic growth, corporate transformations and complex operating environments. Fisher Zhang, Regional Chief Executive and Chairman of the Board of AIA Life Korea, said Ng's experience in strategy, transformation and financial management, together with his understanding of AIA's business and culture, would support the company's long-term value creation in Korea. Ng said he would initially engage with employees, customers and distribution partners to understand local market opportunities. AIA Life Korea, which has operated in South Korea since 1987, will maintain its customer focus through AIA Premier Partners, Independent General Agencies, bancassurance, telemarketing and digital platforms.