DBS hires AIA Group’s former head of digital to lead its bancassurance business in Hong Kong.
Lo Wing Yiu joins DBS Hong Kong has the head of bancassurance, according to a statement, succeeding Terry Li who spent four years with the business. Prior to joining DBS, Lo was AIA’s head of digital and previously, he also held various senior insurance roles with the likes of Standard Chartered, HSBC, and AXA.
Our bancassurance business in Hong Kong has been going from strength to strength, and we are well-positioned to drive the next phase of our growth here, said Ajay Mathur, managing director, and head of consumer banking group and wealth management, Hong Kong, at DBS.
As we continue to build on our digital capabilities and enhance our market-leading customer experience, we are confident that Lo will successfully lead the bancassurance business to new heights.