Phuong Tien Minh appointed CEO of life insurer FWD Vietnam

Hong Kong-headquartered FWD Group Holdings Limited has appointed Phuong Tien Minh as CEO of life insurer FWD Vietnam, effective Thursday, March 27.

Minh has decades of experience in the banking and insurance industries. He used to be CEO of Prudential Vietnam, being appoined in June 2020 and holding the position for over four years.

Prior to that, he had 12 years working experience in both commercial and retail banking for HSBC Vietnam. He was the first Vietnamese to hold the position of country head of retail banking and wealth management at this bank.

Binayak Dutta, senior managing director, Southeast Asia & Group chief business operations officer, FWD Group, said: "With Minh’s deep understanding of the local market and proven leadership, I’m confident FWD is well-positioned to continue driving our customer-led and digital-first approach and help restore the consumer confidence in the industry."

"I’d like to thank Anantharaman Sridharan for his many accomplishments over the last nine years with FWD, most recently as CEO of FWD Vietnam, and I wish him continued success in his next chapter," added Dutta.

Minh said he is excited to join FWD with its vision of changing the way people feel about insurance. "Our commitment is to put customers at the heart of everything we do, and it guides every decision we make."

FWD has operated in Vietnam since 2016 and is the exclusive bancassurance partner of Vietcombank. Last year, FWD Group invested in a new regional technology center in Ho Chi Minh City to serve its pan-Asian operations.

FWD Group is a pan-Asian life and health insurance business with more than 12 million customers across 10 markets, including some of the fastest-growing insurance markets in the world.