FWD Group, a multinational insurance company based in Hong Kong, has announced the appointment of Andrew Weir, Dominic Leung Ka Kui, and Laura Deal-Lacey to its Board of Directors, effective 18 February 2025.

Richard Sun Po Yuen will retire from the Board on the same date.

The Board now comprises 13 directors: two executive directors, two non-executive directors, and nine independent non-executive directors.

Professor Frederick Ma, GBS, JP, Chairman of the Board, said,

“With these appointments, the Board is increasingly diverse with deep business experience in Asia, which is critical to realising the company’s vision of changing the way people feel about insurance.

“I would also like to thank Richard Sun for his many valuable contributions to the Board during his tenure since his appointment in October 2022.”

Andrew Weir, BBS, MBE, JP, brings extensive experience in professional services and governance.

Until September 2024, he served as Global Chair of Asset Management at KPMG and was Regional Senior Partner of KPMG in Hong Kong SAR and Vice Chairman of KPMG China until September 2023.

Over a 37-year career, he has advised boards and audit committees of listed companies and financial institutions across Asia and the Middle East, having moved to Hong Kong in 1991 after beginning his career in the UK in 1987.

He is currently a Council Member of the Hong Kong Institute of Directors and Vice Chairman of the Hong Kong Financial Services Development Council.

From 2017 to 2020, he chaired the Listing Committee of the Hong Kong Stock Exchange.

He is a Fellow of the Hong Kong Institute of Certified Public Accountants and the Institute of Chartered Accountants in England and Wales, where he is also a Council Member.

Dominic Leung has more than 40 years of experience in the Asian insurance industry, holding both executive and non-executive roles.

From 2004 to 2013, he held senior positions at Ping An Group, including Chairman and CEO of Ping An Life Insurance Company of China, Ltd. Prior to that, he was Managing Director of Greater China at Prudential (1996–2003) and General Manager at Taiwan Nanshan Life Insurance Company, Ltd.

Laura Deal-Lacey has worked at the Milken Institute, a global financial think tank, since 2013 and is currently Executive Vice President of Milken Institute International, overseeing global teams across four continents.

She has served on the Board of FWD Singapore since 2016 and is currently its Chair. She is also an advisory board member of the Sim Kee Boon Institute for Financial Economics at Singapore Management University.

She holds a master’s degree in science from Columbia University and an international directors’ certificate in corporate governance from INSEAD in France.

Featured image credit: FWD