Director, Private Pension Administrator
Mr Alex Foong has a great wealth of experience as a Board of Director, not only limited to the insurance industry or in Malaysia. He is currently sits on the Board of Private Pension Administrator – and had previously sat on the following Boards at various times of his distinguished career (in no particular order):- Aviva Ltd (Singapore), Sentral Reit Management Sdn Bhd, Perbadanan Insurans Deposit Malaysia (PIDM), Bank Simpanan Nasional (BSN), NV Multi Asia (Hong Kong), Malaysian Insurance Institute (MII), Malaysia Life Reinsurance Group, and Kumpulan Wang Simpanan Pekerja (KWSP).
Mr. Alex joined Great Eastern in 1996 and retired as the Director and CEO of Great Eastern Capital Sdn Bhd, the holding company of Great Eastern Life Assurance (Malaysia) Bhd, on July 1, 2009. Before that, he spent 12 years as the Director and CEO of Great Eastern Life Assurance (Malaysia). Prior to joining Great Eastern, Mr. Alex was the CEO of British American Life Insurance Bhd (now known as Manulife Insurance Bhd). He came back to Malaysia in 1983 after working in AIA Hong Kong for 5 years.
Mr Alex had significantly contributed to the industry and nation through his various roles with Financial Service Lab under National Key Economic Areas (NKEA), Special Task force established by the Insurance and Takaful associations, Financial Services Talent Enhancement Program (FSTEP), Malaysia Financial Planning Council (MFPC), Malaysia Rating Corporation Bhd (MARC), ASEAN Insurance Council, Universiti Malaya and Universiti Tunku Abdul Rahman (UTAR). Mr Alex was the President of the Life Insurance Association of Malaysia (1993-1996), and also has chaired various LIAM sub-committees (i.e. Actuarial, Technical, Tax, Regulation/Enforcement, Investment).
Interesting facts, Mr Alex Foong is the second qualified actuary in Malaysia, and he was the President of the Actuarial Society of Malaysia from 1984 to 1986.