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Prudential Promotes Three Industry Veterans

  • David Ng is promoted to Senior Vice President and Chief Marketing Officer
  • Derrick Khoo takes on new role as Senior Vice President and Chief Partnerships Distribution Officer
  • Michael Ho steps up as Executive Vice President and Chief Agency Officer

Singapore, 23 May 2013 – Prudential Assurance Company Singapore (Pte) Ltd (“Prudential Singapore”) is pleased to announce three key senior appointments. Mr David Ng has been promoted to Senior Vice President (“SVP”) and Chief Marketing Officer (“CMO”). Mr Derrick Khoo has been appointed SVP and Chief Partnerships Distribution Officer (“CPDO”), and Mr Michael Ho is now Executive Vice President (“EVP”) and Chief Agency Officer (“CAO”). All three appointments are effective from 16 May 2013.

On David Ng as Senior Vice President and Chief Marketing Officer
An industry veteran, as SVP and CMO, David oversees the Marketing Division for Product Development and Management, Customer Marketing and Engagement, Customer Value Management, Affluent Marketing, Funds Solutions and Corporate and Marketing Communications.

On Derrick Khoo as Senior Vice President and Chief Partnerships Distribution Officer
In his role as SVP and CPDO, Derrick Khoo drives the bancassurance business. He is responsible for the distribution of products and services of Prudential Singapore’s four strategic bank partners and open architecture arrangements with other financial institutions.

On Michael Ho as Executive Vice President and Chief Agency Officer
As EVP and CAO, Michael will oversee the Agency Distribution business, which covers the Agency Distribution channel, Group Business, Academy of Competence & Excellence and Distribution Services. Under his purview is the management of the tied agency force of approximately 3.400 financial consultants.


ABOUT Prudential Assurance Company Singapore (Pte) Limited (Prudential Singapore)

Prudential Singapore, an indirect wholly-owned subsidiary of UK-based Prudential plc, is one of the leading life insurance companies in Singapore. We are one of the market-leaders in investment-linked plans with over S$8.2 billion funds, managed by PRULink funds (as at 31 December 2012). With a rich history that has spanned more than 80 years, Prudential Singapore now has a dedicated team of approximately 3,400 financial consultants and over 700 employees. We are committed to serving the needs of more than 740,000 policyholders with over 1.8 million policies.

Prudential Singapore was the first life insurer in Singapore to be named Asia's Life Insurance Company of the Year in 2000. We were also presented with the Gold Award in the Reader’s Digest Trusted Brands awards for five consecutive years from 2007 to 2011. In 2009, we received the May Day Model Partnership Award. In 2010, Prudential Singapore was one of the top insurers in Singapore in the Customer Satisfaction Index, a national barometer that tracks 104 companies from eight different sectors. The Company was also awarded the People Developer Award in 2012 by SPRING Singapore for the Company’s staff training and development program.


For media queries, please contact:

Lorraine Lee Robert
Associate Vice President
Prudential Assurance Company Singapore
Tel: +65 6704 7033