FWD Group Holdings Limited (“FWD Group” or “FWD”) today announced the appointment of Lau Soon Liang as President & Chief Executive Officer of FWD Life Insurance Corporation (“FWD Philippines”), effective 1 June 2025, subject to relevant regulatory approvals.

Lau Soon Liang joined FWD Group in 2016 and is currently Chief Growth Officer, Southeast Asia, for the company. He is a qualified actuary and a Fellow of the Institute and Faculty of Actuaries, UK.

Binayak Dutta, Senior Managing Director, Southeast Asia & Group Chief Business Operations Officer, FWD Group, said “Soon Liang brings extensive experience in driving growth and fostering strategic partnerships across Southeast Asia. His strong leadership will be invaluable in steering the next phase of growth in changing the way Filipinos feel about insurance.”

“I’d like to thank Antonio “Jumbing” De Rosas for his key contributions to FWD Philippines as he transitions to an advisory role. Under his leadership, the business has grown to become the number one¹ player in the industry,” added Binayak Dutta.

“I am honoured to take on this role and excited to build on the strong foundation that has been established at FWD Philippines. I look forward to working with our talented team to continue delivering customer-led innovations and financial solutions that empower Filipinos to celebrate living,” said Lau Soon Liang, Incoming President & Chief Executive Officer, FWD Philippines.

FWD has operated in the Philippines since 2014 and is the exclusive bancassurance partner of Security Bank. As of March 2025, FWD Philippines ranked number one in new business sales on a singleton basis¹. In 2024, FWD Philippines ranked second for Million Dollar Round Table membership, a global independent association recognised as a standard of excellence in the life insurance and financial services industries. Additionally, FWD Philippines ranked fourth in customer experience among insurers².

About FWD Group

FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. For more information, please visit www.fwd.com

¹ Based on annual premium equivalent, Republic of the Philippines Department of Finance’s Insurance Commission report, March 2025
² According to KPMG’s Global Customer Experience Excellence Report 2024