6 January 2025

HSBC Life Singapore Appoints New Chief Agency Development Officer

HSBC Life Singapore (HSBC Life) today announced the appointment of Ronald Tan as its Chief Agency Development Officer. The appointment is the latest in a series of key senior hires made by the insurer as it accelerates the execution of its health and wealth strategy in Singapore.

Ronald’s appointment is the latest in a series of key senior hires, underscoring HSBC Life’s commitment to meeting the evolving health and wealth needs of its customers in Singapore.

Ronald will report to Harpreet Bindra, Chief Executive Officer, and will join the HSBC Life Executive Committee.

Previously the Chief Executive Officer of Infinitum Financial Advisory Pte Ltd, Ronald is a seasoned distribution leader with over 25 years of industry experience. He has held several leadership positions in Singapore including Chief Agency Officer at Income Insurance, Head of Agency Distribution at Tokio Marine Life and Head of Agency Distribution at AXA Life. Early on in his career, Roland also worked at AIA Singapore, Prudential Singapore and Manulife-Sinochem China in a variety of distribution roles, with a core focus on agency development.

As Chief Agency Development Officer, Ronald will oversee HSBC Life’s growing tied agency channel, which plays an integral role in its vision of multi-channel distribution excellence. He will also oversee the insurer’s strategic distribution partnership with Singapore Post.

Harpreet Bindra, Chief Executive Officer, HSBC Life Singapore, said, “I am pleased to welcome Ronald to my leadership team. Our agency channel continues to grow from strength to strength and has been key to our delivery of high quality, needs-based financial planning advice to customers in Singapore. Ronald’s wealth of experience and successful track record in agency development will be instrumental in achieving our ambition of becoming Singapore’s preferred insurer of choice.”

Ronald’s appointment follows two recent senior leadership appointments made by HSBC Life to bolster its product and distribution capabilities, underscoring the insurer’s commitment to meeting the evolving health and wealth needs of its customers in Singapore.

Media enquiries:

Urvashi Raizada urvashi.raizada@hsbc.com.sg

HSBC Life Singapore

HSBC Life (Singapore) Pte. Ltd. is a wholly owned subsidiary of HSBC Insurance (Asia Pacific) Holdings Limited, which is ultimately owned by HSBC Holdings plc, the London-based holding company of the HSBC Group. HSBC Life Singapore has received an A+ rating by Standard & Poor’s, most recently affirmed in February 2024. It provides a wide range of solutions that cater to life, health, retirement, protection, education, legacy planning, and wealth accumulation needs of retail and corporate clients.

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