New NTUC Income CEO appointed

SINGAPORE — NTUC Income has appointed Mr Ken Ng as the new Chief Executive to replace Mr Tan Suee Chieh, who is assuming the role of Group Chief Executive Officer of NTUC Enterprise.

Mr Ng, 44, is currently the insurer’s Senior Vice-President and General Manager of Distribution, a position he has held since June last year. Prior to that, he was General Manager of Life Insurance while leading strategy development. He joined NTUC Income in 2007.

Mr Ng Kee Choe, NTUC Income Chairman, said: “Ken is a highly respected member of the management team, recognised by colleagues and industry peers alike for his deep strategic thinking and problem-solving abilities.

“Ken understands the organisation’s core values and has played an integral role in shaping NTUC Income’s transformation.”

Mr Ng said he was greatly privileged to have been appointed to lead NTUC Income.

“We operate as a modern, professional organisation while striving to serve out our social purpose to make insurance accessible and affordable to all. We have an exciting future ahead as we keep pace with the needs and aspirations of our customers.”