AIA Says Incoming Chair Tucker to Focus on Governance, Strategy

AIA Group Ltd. Chief Executive Officer Lee Yuan Siongsaid incoming non-executive chair Mark Tucker will focus on governance and strategy when he starts at the insurer later this year.

Lee, who said he will leave Tucker to elaborate further when he joins, said on a call with analysts on Thursday that his priorities will also include leadership and management. Tucker, who was most recently chair of HSBC Holdings Plc, is due to start Oct. 1 when current chair Edmund Tse retires.

Mark Tucker

Photographer: Jeenah Moon/Bloomberg

Earlier, AIA said new business value — a measure of future profitability of new policies ...