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Aviva picks local expert as VietinBank Aviva head

HONG KONG: Aviva Asia is pleased to announce the appointment of Trang Nguyen Ngoc as general director of VietinBank Aviva, with immediate effect.

Trang, who will oversee Aviva’s partnership with VietinBank, will be responsible for strengthening VietinBank Aviva’s business strategies and developing its multi-channel distribution model.

Prior to joining VietinBank Aviva, Trang worked at Manulife firstly in Hong Kong before becoming chief financial officer of Manulife Vietnam in 2010.

“We are delighted to have someone of Trang’s calibre joining VietinBank Aviva. She brings a wealth of insurance and product development experience and has deep local market and cultural knowledge that will be valuable as we look to build our business in Vietnam,” said Aviva Asia CEO Khor Hock Seng.

“Trang’s appointment reaffirms our commitment to Vietnam, which is an exciting market for Aviva. I am confident that her natural leadership skills and financial acumen will enable

VietinBank Aviva to capture significant opportunities as demand for life insurance products in Vietnam rapidly increases, resulting from the country’s growing population and emerging

Wealth,” Khor added.

For her part, Trang said: “I am thrilled to join VietinBank Aviva. The business is entering a new development phase and I look forward to working with our teams and partner to tap the opportunities in this fast-growing market, and especially in the bancassurance sector.

Through our strong and exclusive partnership with VietinBank, we will strive to deliver industry leading products that best meet the diverse needs of customers.”

Launched in October 2011, VietinBank Aviva combines two leading financial institutions – VietinBank and Aviva – in a 50:50 joint venture to offer life insurance products and services to its customers.

VietinBank is one of the leading banks in Vietnam, with a strong SME and corporate customer base and distribution network. Aviva and VietinBank have signed a 50-year exclusive partnership that will offer Aviva’s product line to the bank’s customers.