The Hong Kong Federation of Insurers (HKFI) announces that its incumbent Chief Executive Mr Peter Tam has resigned and will be on a leave of absence from 27 July to 8 October 2019.

“Peter has decided to pursue other opportunities and will be leaving the HKFI with a very good foundation for continued growth and development,” said Mr Praveen Daswani, Chairman of the Hong Kong Federation of Insurers. “We are grateful for his valuable contribution and able leadership over the last 15 years. Our best wishes go to Peter in his future endeavours.”

The Governing Committee has established an Executive Committee (ExCom) to identify a suitable candidate to lead the HKFI and oversee operations in the interim. Business at the HKFI remains as usual and the professional team of management and staff at the HKFI Secretariat continue to provide the usual high quality service our Members and the public are accustomed to.

As the HKFI commences a new chapter in the post-SRO era later this year, we will continue to be the progressive voice of the industry. Working closely with our Members, various regulatory and governmental stakeholders, we are committed to continuing to be an effective platform for creating value for the insuring public.