FWD Group has appointed Khor Kee Eng as CEO for Singapore, subject to regulatory approval. Khor succeeds Abhishek Bhatia, who has been promoted to chief officer of new business models.
Kee is tasked with leading FWD Singapore and strengthening the insurer’s position as a major digital insurer in the country. He reports to the board of directors for the firm, a company statement said. Meanwhile, Bhatia will focus on growing the digital direct-to-consumer business across the company, as well as overseeing and growing FWD’s digital partnerships and investments.
“Kee’s appointment is a testament to the strong pool of talent we have across our organisation,” said FWD Group chief commercial officer Rob Schimek. “We’re well-positioned to drive our next phase of growth in Singapore and continue building on our strong momentum here to change the way people feel about insurance.”
The appointments are among several of the insurer’s recent moves as it seeks to ramp up growth in the region. Recently, Simeon Preston was appointed managing director and group chief operating officer, succeeding Schimek in that role.
Kee joined FWD Singapore as chief financial officer in March 2019. Prior to that, he was group chief actuary at Malaysia’s Tune Protect Group. Bhatia had been CEO of FWD Singapore since November 2015, when he joined from Prudential plc.