AIA delivers record new business performance for Q1

VOV.VN - AIA Group Limited (stock code: 1299) today (April 28) announces record growth of 55 per cent in value of new business (VONB) on constant exchange rates (CER) for the first quarter ended 28 February 2017.

Mark Tucker, AIA’s Group Chief Executive and President said,“We are pleased to report that AIA has made an excellent start to the year with record VONB growth of 55% to US$884 million. This is also the highest quarterly VONB result since our IPO in 2010.

 “AIA continues to deliver a strong track record of year-on-year growth andour dedicated teams remain highly focused on building a high-quality, sustainable business for the long term. Today’s headline figures reflect our robust operating performance and the consistent execution of our growth strategy over time.

 “I have said many times that the powerful and structural economic, social and demographic changes taking place across Asia present an unparalleled opportunity for AIA. The alignment of AIA’s significant competitive advantages developed over its long history in the region with these long-term structural trends means that the Group is exceptionally well-placed to help customers meet their substantial needs for financial protection, long-term savings and private healthcare provision through insurance.

 “We were delighted to announce on 13 March that Keng Hooi will succeed me as Group Chief Executive and President upon my retirement from the Group. Keng Hooi has an outstanding track record of operational execution and strong leadership throughout his extensive experience in Asia.

 “Since the announcement, Keng Hooi and I have been working very closely together to ensure a smooth and orderly transition and I am pleased to report that this process will be completed ahead of plan. As a result, we have announced today that Keng Hooi will formally assume his new role effective from 1 June 2017. I will remain a director of AIA Group Limited, in     a non-executive capacity, from then until 31 August 2017.

 “It has been a great privilege to lead AIA and I am enormously proud of the Group’s achievements since IPO. AIA is an extraordinary business and I am highly confident that the Group will continue its success under Keng Hooi’s leadership.”

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