HSBC Life Singapore has appointed two seasoned executives to its management team: Philip Pang as chief investment officer and How Chee Koon as chief product officer.
Pang is responsible for developing, executing and overseeing the company's investment strategy. He will work closely with internal and HSBC Group stakeholders to develop new asset classes and derivatives solutions to deliver sustainable long-term return for policyholders and shareholders.
He has over 15 years of experience in the insurance and investment sectors. Pang spent the last eight years at Prudential Singapore and NTUC Income Singapore, both as head of investment, overseeing asset allocation, external fund manager selection and monitoring, portfolio implementation and oversight, investment processes and governance, and the product management of ILP funds. He also worked at HSBC Global Asset Management in Hong Kong and Singapore, where he was responsible for providing investment solutions to the insurance business and other institutional clients.
Pang holds a degree in actuarial studies from Macquarie University in Australia. He is also a qualified actuary with the Institute and Faculty of Actuaries in the UK.
How is responsible for the strategic implementation and execution of new product developments and the management of HSBC Life Singapore’s product suite. He also has oversight on the delivery and marketing of solutions that meet customers’ protection, education, retirement, legacy and saving needs.
How has close to 15 years of life insurance experience across key areas, including product development, actuarial pricing and valuation, data analytics, distribution and marketing. He was most recently head of consumer marketing at AIA Singapore. He holds a degree in actuarial science from Nanyang Technological University of Singapore.
HSBC Life Singapore Insurance is a wholly owned subsidiary of HSBC Insurance (Asia Pacific) Holdings, which is ultimately owned by HSBC Holdings.