FWD names three new directors to its board

FWD Group has appointed three new directors to its board as the pan-Asian insurer backed by billionaire Richard Li Tzar-kai seeks to deepen its business in the region.

The new directors are Andrew Weir, Dominic Leung Ka-kui, and Laura Deal-Lacey. Their appointments took effect on Tuesday.

FWD’s board now consists of 13 directors, comprising two executive directors, two non-executive directors and nine independent non-executive directors.

Its chairman Frederick Ma Si-hang believes that the recent appointments would make FWD an increasingly diverse insurer with deep business experience in Asia.

Weir served as global chair of asset management at KPMG until September 2024. He was also a regional senior partner of KPMG in Hong Kong and vice chairman of KPMG China until September 2023. Weir is expected to bring significant professional services and governance expertise to FWD.

Leung has more than 40 years of executive and non-executive director experience in the Asian insurance industry with such firms as Ping An Group.

Deal-Lacey, an expert in international business, has worked for the Milken Institute since 2013, a renowned global financial think tank, and currently serves as executive vice president of Milken Institute International, overseeing global teams across four continents. She has served on the board of FWD Singapore since 2016 and currently holds its chairmanship.

STAFF REPORTER