SINGAPORE--(BUSINESS WIRE)--
ACE Group announced today the appointment of Dang Hoang Tung as
its new Country President for its general insurance operation in
Vietnam, effective 29 June. Mr. Dang succeeds Mr. Christopher Twomey,
who will return to the US to take up a role in ACE’s Risk Management
Global Casualty Underwriting unit.
In his new role, Mr. Dang will oversee the operations and business
development activities of ACE’s key business lines in Vietnam namely,
Property & Casualty as well as Accident & Health and Travel Insurance.
He is also responsible for the management of regulatory relationships,
strategic partnerships and affinity relationships. He will report to
Juan Luis Ortega, Regional President for ACE’s general insurance
operations in Asia Pacific.
Prior to joining ACE, Mr. Dang had been with AIG Vietnam since 2006.
During his time with AIG, he was promoted to roles with increasing
responsibility with his last post being the Head of Distribution for
Consumer Insurance. Apart from his experience in insurance, he also has
expertise in the travel industry having worked for Vietnam Airlines
since 1996. Mr. Dang has a Bachelor of Business Administration degree in
Foreign Trade from the Ho Chi Minh City University of Economics.
On this new appointment, Mr. Ortega said, “I’m happy to welcome Tung to
the leadership team in Asia Pacific. His local knowledge, network of
relationships and business acumen will be critical in accelerating the
growth of our Vietnamese operations. I would like to thank Christopher
for his contributions to ACE since its start-up in 2007. I wish him all
the very best in his new role”.
About ACE Group
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. ACE Limited, the parent company of ACE Group,
is listed on the New York Stock Exchange (NYSE: ACE) and is a component
of the S&P 500 index. ACE's core operating insurance companies are rated
AA for financial strength by Standard & Poor’s and A++ by A.M. Best.
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Source: ACE Group