Tokio Marine CEO James Tan to step down

Tokio Marine Life Insurance Singapore's (TMLS) CEO, James Tan (pictured), is stepping down from his role on 1 December 2018. A spokesperson confirmed the departure to Marketing. CFO Kenneth Chew will be the interim CEO overseeing the day-to-day activities of TMLS and an announcement will be made once the new CEO is appointed and the board also thanked Tan for his dedication and contribution, wishing him well for the future.

Tan has held the role since 2016. In a statement to Marketing, the company said that Tan has been "instrumental" in steering the company towards the long-term strategic goal of a sustainable and profitable business in Singapore.  Prior to joining TMLS, Tan was managing director at Friends Provident International for about four years, and senior/strategic advisor - Asia and Europe at Bain & Company for approximately five months. He also helmed senior roles at AIA, Standard Chartered Bank and Wachovia Bank, according to his LinkedIn.

Last month, TMLS appointed Adeline Tiah as head of marketing, replacing Manisha Seewal who moved to Carro in August. Tiah reports into chief distribution officer, Michael Tan.

(Read also: What’s causing your chatbot to fail?)