Mei Ri Jing Ji Xin Wen·2025-08-08 07:25Core Viewpoint - AIA Group announced the resignation of its independent non-executive chairman, Mr. Mark Tucker, effective September 30, 2025, and the appointment of Sir Mark Tucker as the new independent non-executive chairman, pending regulatory approval, effective October 1, 2025 [1][2] Group 1: Leadership Changes - Mr. Mark Tucker has been appointed as the independent non-executive chairman and independent non-executive director, effective October 1, 2025, after serving as the CEO and president of AIA Group from 2010 to 2017 [1][2] - Mr. Tucker's return is expected to leverage his extensive experience in the financial services sector, which spans over 40 years across various regions including Asia, the US, the UK, and Africa [3] - The outgoing chairman, Mr. Shih-Hsiung Hsieh, has been with AIA since 2010 and has played a significant role in establishing a solid foundation for the company [2][3] Group 2: Business Expansion in China - AIA's wholly-owned subsidiary in mainland China, AIA Life, achieved a 20% growth in new business value (NBV) and a 10% increase in annualized new premiums in 2024 [4] - The company has seen an 18% increase in the recruitment of agents and a 9% growth in active manpower, with agent income reaching nearly twice the industry average [4] - AIA is expanding its business footprint in mainland China, with plans to establish branches in several provinces and municipalities, enhancing its market presence [4]