AIA Appoints 24-Year Veteran Fisher Zhang as Regional Chief Executive Responsible for Mainland China, South Korea & Vietnam, Joined AIA China in 2000 & Appointed AIA China CEO in 2017
26th November 2024 | Hong Kong
AIA Group has appointed 24-year veteran Fisher Zhang as Regional Chief Executive responsible for Mainland China, South Korea & Vietnam. Fisher Zhang joined AIA China in 2000, and was appointed as AIA China CEO in 2017. AIA (22/11/24): “AIA Group Limited (the “Company”, and together with its subsidiaries, “AIA” or the or the “Group”; stock codes: 1299 (HKD counter) and 81299 (RMB counter)) is pleased to announce the appointment of Fisher Zhang, as Regional Chief Executive, subject to obtaining all necessary regulatory approvals. Fisher will have market responsibility for Mainland China, South Korea and Vietnam. He will be a member of the Group Executive Committee and report to Lee Yuan Siong, Group Chief Executive and President. Fisher will continue to fulfil his current responsibilities until the senior management appointment officially takes effect. Fisher joined AIA China in 2000 and became Chief Executive Officer in 2017. Under his exemplary leadership, AIA became the first foreign company to have a wholly-owned life insurance subsidiary in Mainland China and we have since expanded our presence to 10 geographies, with new branches in Tianjin, Hebei, Sichuan, Hubei and Henan. Most recently, AIA China has received regulatory approvals to begin preparations to establish new branches in Anhui and Shandong provinces as well as Chongqing municipality. Under Fisher, AIA China has successfully executed a strategy focused on delivering superior growth through a customer-centric transformation, built on advanced digital platforms and compelling propositions. This has resulted in AIA China achieving number one ranked customer engagement scores among major players in the market for seven consecutive years. Premier Agency is at the heart of our differentiated business model in Mainland China, driving high-quality and sustainable growth. AIA continues to be distinguished in the market by focusing on the life and health protection needs of sophisticated customers with high-quality advice and personalised products. Fisher has built the most professional agency in Mainland China and the number one ranked company globally for MDRT (Million Dollar Round Table) members. The ability to successfully attract and retain high-quality, professional candidates demonstrates AIA’s positive standing in the market, the effectiveness of our differentiated strategy and confidence in our future growth opportunities.”
“ AIA Appoints 24-Year Veteran Fisher Zhang as Regional Chief Executive Responsible for Mainland China, South Korea & Vietnam, Joined AIA China in 2000 & Appointed AIA China CEO in 2017 “
Lee Yuan Siong, AIA Group Chief Executive & President:“I am delighted to announce Fisher’s internal promotion to Regional Chief Executive. AIA is an exceptional company distinguished by remarkable people, and this appointment reinforces our commitment to nurturing internal talent for senior leadership positions. Fisher has a proven track record of success and I am confident that he will bring the same determination, discipline and teamwork to drive results in his new role as we deliver our purpose of helping millions of people live Healthier, Longer, Better Lives.”
Fisher Zhang: “I’m truly honoured and excited to take on this new role and grateful for the confidence placed in me by AIA. This opportunity reflects the success of AIA China, the collective support from my colleagues and the strong culture of collaboration within our organisation. I look forward to continuing our shared mission and working closely with our leadership teams to execute our strategic vision and deliver high-quality and sustainable growth.”
AIA – AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$289 billion as of 30 June 2024. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and 16 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”. In 2024 May, AIA Group opened a new headquarter in Hong Kong (Wan Chai) with the new AIA Building, which is 100% owned, operated & occupied by AIA.
AIA Group Opens New Headquarter in Hong Kong Wan Chai with the New AIA Building Which is 100% Owned, Operated & Occupied by AIA, AIA Building to House 1,800 Employees in 22-Floor Urban Campus with Indoor Running Track, Gym & Multi-Purpose Sports Hall, Building with Sustainability Features Such as 80 Electric Vehicle Chargers, Rooftop Solar Panels & Self-Sustaining Power Supply Biodiesel Generator
29th May 2024 – AIA Group has opened a new headquarter in Hong Kong (Wan Chai) with the new AIA Building, which is 100% owned, operated & occupied by AIA. The new AIA Building can house 1,800 employees at full-capacity in a 22-floor urban campus with indoor running track, gym & multi-purpose sports hall. The AIA Building also has sustainability features such as 80 electric vehicle chargers, rooftop solar panels & self-sustaining power supply biodiesel generator. AIA (27/5/24): “AIA Group Limited (“AIA” or the “Group”) today announces the opening of its redeveloped group headquarters at 1 Stubbs Road, Wan Chai in Hong Kong. The AIA Building is Hong Kong’s first urban campus and is wholly owned, operated and solely occupied by AIA. Edmund Tse, AIA Group Chairman, Lee Yuan Siong, AIA Group Chief Executive and President, and the Honourable Michael Wong, Acting Financial Secretary of the Government of the Hong Kong Special Administrative Region delivered remarks at the opening ceremony earlier today. The AIA Building will be home to around 1,800 employees at full capacity. The 22-floor campus features an indoor running track, a continuous 80-metre atrium staircase, fully equipped gym facilities, and a multi-purpose sports hall. Environmental, Social and Governance (ESG) considerations were core to the redevelopment of the building, which has obtained leading green building credentials including platinum ratings across LEED, WELL and BEAM+ pre-certifications. Sustainability features include 80 electric vehicle chargers, rooftop solar panels and a biodiesel generator with self-sustaining power supply.”
Edmund Tse, AIA Group Chairman: “I am enormously proud to commemorate the reopening of the AIA Building. The original building was inaugurated in 1969 and marked the first expansion of commercial office buildings outside of the Central Business District. The opening of the new AIA Building represents the start of another exceptional chapter in our history and is a testament to our enduring heritage, achievements in and commitment to Hong Kong.”
Lee Yuan Siong, AIA Group Chief Executive and President: “The reopening of our headquarters is a significant milestone for AIA in our over 90-year history in Hong Kong. Our state-of-the-art urban campus provides an engaging workplace environment to nurture the best talent in the industry. From the AIA Building, we will continue to drive AIA’s long-term growth and fulfil our Purpose to help people in Asia live Healthier, Longer, Better Lives.”
Overview
- The AIA Building is located at 1 Stubbs Road, Wan Chai, Hong Kong.
- It is AIA Group’s Headquarters and Hong Kong’s first Urban Campus.
- The new AIA Building was officially opened on 27 May 2024 following the redevelopment
of the old building which commenced in 2019 after 50 years of operation. - The building will be the home of around 1,800 staff at full capacity.
Building History
- First completed in 1969, the old AIA building heralded the commercialisation of Wan Chai and led the trend of the Central Business District’s expansion eastwards.
- As the first commercial skyscraper outside Central, it was a new landmark in the Wan Chai district.
Key Features of the redeveloped building
- The building has a gross floor area of approximately 23,600 square metre and consists of 22 floors including parking and service floors.
- First corporate headquarters in Hong Kong to feature a 200-metre indoor, air-conditioned running track that wraps around the building’s perimeter.
- Glass exterior with floor to ceiling height of 3 metres. The parabolic shape of the floor plate is designed to maximise the gross floor area of the site, while providing occupants with views of the city and increasing the availability of natural daylight throughout the day.
- An indoor gym and multi-purpose sports hall support employee wellbeing.
- A continuous 80-metre atrium staircase allows people to connect from group floor lobby to upper floors with ease – the first time such a feature has been incorporated in a Hong Kong
building. - Formal and informal collaboration areas such as meeting rooms and lounges are located
throughout the building. - A canteen provides employees with healthy local and international cuisine options.
- Digital signage linked through a central Content Management System to create a sense
of connectedness in the building and future forward user experience.
Sustainability
- Built to the highest international development standards and pre-certified for LEED, WELL and BEAM Plus Platinum.
- Awarded the 2023 Asia Pacific Property Award Best Office Development, Hong Kong.
- A rainwater capture and storage system supplies water to gardens.
- Solar panels and a biodiesel generator supply self-produced power directly to elements of
the building, offsetting electricity consumption. - An organic food garden provides fresh herbs to the building’s canteen kitchen.
- All parking bays at AIA Building include charging ports for electric vehicles.
About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$286 billion as of 31 December 2023. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and over 18 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.
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