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AIA names new CEO as Hong Kong sales struggle

Posted On: Nov. 25, 2019 6:12 AM CST

Hong Kong-based insurer AIA Group Ltd. has appointed Lee Yuan Siong as its chief executive, Reuters reports. Mr. Lee will take the reins at a time when the insurer is facing slowing demand, with anti-government protests in Hong Kong hitting sales of insurance products to mainland Chinese visitors.

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