HSBC appoints new CEO for life insurance arm

She has over two decades of experience with HSBC.

HSBC has appointed Daisy Tsang as the chief executive officer of HSBC Life Hong Kong, effective 1 August, pending regulatory approval.

Tsang will oversee operations in Hong Kong and Macau, reporting to Edward Moncreiffe, CEO of Global Insurance at HSBC Holdings, and Maggie Ng, General Manager of Wealth and Personal Banking in Hong Kong.

Tsang, with over 20 years at HSBC, is currently Interim CEO and Chief Distribution and Customer Officer.

She will focus on strategic growth in Hong Kong and Macau. The life insurer said it holds a 26% market share in New Business Premiums and 20% in Annualised New Premiums in Hong Kong.

Tsang has been with HSBC Life since 2012. As Chief Distribution and Customer Officer, she relaunched the Macau distribution arm, expanded the broker channel and bancassurance model, and led digital transformation initiatives.

She began her HSBC career in 2000 as a marketing executive.

Follow the links for more news on

HSBC

HSBC Life

appointment

insurance

Life insurance

Also Read

Philippine life insurance sector slated for 5.4% CAGR by 2028

Property insurance industry to exceed $152b by 2028

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit