FWD Group (“FWD”) today announced the appointment of Jon Nielsen as Managing Director and Group Chief Financial Officer (CFO). Craig Merdian, who previously held the position of Group CFO, has assumed a new role within FWD’s group of businesses, overseeing the financial growth of new ventures across the region. He will work closely with Jon to ensure a smooth handover.
Huynh Thanh Phong, Chief Executive Officer of FWD Group, said, “We are delighted to welcome Jon to FWD to lead our Group finance functions, building on the success established by Craig. Jon’s impressive track-record in the industry makes him a valuable addition to the Group’s executive team. As he takes responsibility for FWD’s financial management and governance functions, his leadership will allow the continued development of our business as we fulfil our ambition to become a leading pan-Asian insurer that changes the way people feel about insurance.”
Jon said, “I look forward to continuing the excellent work that has been put in place to establish world-class finance and governance teams at the Group, supported by a strong financial position. As one of the fastest growing insurers in Asia, FWD’s compelling vision to change the way people feel about insurance, and it’s exciting pan-Asian ambitions, were a defining factor in my decision to join the company.”
Jon brings extensive international and regional experience from within the insurance sector, undertaking senior financial management positions at both group and regional leadership levels. He joins FWD from AIA Group, where he was most recently the Group Chief Risk Officer and a member of the Group Executive Committee, overseeing the group’s risk and compliance functions. Previously, he served as Regional CFO leading the finance function in establishing AIA as a listed company. Prior to this, Jon held senior roles at AIG in New York, Allianz in Munich, and Deloitte & Touche in the US and Hong Kong.