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August 31, 2015 11:41 AM ET


Company Overview of Friends Provident International Limited

Company Overview

Friends Provident International Limited offers life assurance, pensions, and investment products in Asia, the Middle East, Europe, and internationally. The company offers Premier Advance, a medium to long term savings plan; Reserve, an international investment bond offering a range of investment and administration options; and Summit, an international lump sum investment bond. It also offers Zenith, a unit-linked international investment bond; International Protector Asia, a solution that offers protection for loved-ones, lifestyle, and business providing various cover options, including stand-alone life cover, stand-alone critical illness cover, and life cover or earlier critical illness co...

Royal Court

Castletown,  IM9 1RA

Isle of Man

Founded in 1978


44 1624 821212


44 1624 824405

Key Executives for Friends Provident International Limited

Chief Executive Officer and Executive Director
Age: 56
Managing Director of Asia
Head of Customer Services, General Manager for Isle of Man and Director
Managing Director of Middle East and Rest of The World
Head of Global Expat Propositions
Compensation as of Fiscal Year 2015.

Friends Provident International Limited Key Developments

Friends Provident International Limited Announces Management Changes, Effective 1 July 2015

Friends Provident International Limited announced the appointments of Chris Wei as Chairman, and Khor Hock Seng as Chief Executive Officer effective 1 July 2015. These appointments are an extension of Chris's and Khor's current responsibilities at Aviva, and follow the announcement in April that John Van Der Wielen, currently Executive Chairman of FPI, will step down on 30 June 2015. John will remain on the board of FPI as Non-Executive director. Chris Wei, CEO Global Life Insurance and Chairman Asia, took overall responsibility for FPI in April 2015, as part of Aviva's acquisition of Friends Life Group. Chris, who joined Aviva in 2014, has extensive experience in the Asian market and the global life insurance sector and has held a number of senior roles across the savings, pensions and insurance industry, including CEO of Great Eastern Holdings Ltd. Khor Hock Seng was appointed CEO of Aviva Asia in 2013. Before joining Aviva, he had held a number of senior roles including Chief Executive and Managing Director of AIA's Malaysian business. Khor will continue to report to Chris Wei.

Friends Provident International Launches 13 New Investment Funds

Friends Provident International added 13 new funds to its core product offering to provide customers with more choice, providing access to US equities, frontier markets, Indian bonds, European small caps and biotechnology companies. Effective from the 20 October the below funds will become core fund offerings: Emirates MENA Fixed Interest; Emirates MENA Top Companies; Fidelity America; Fidelity Global Dividend; Franklin Biotechnology Discovery; GAM Star Balanced; GAM Star Cautious; GAM Star Growth; Invesco Continental European Small Cap Equity; Invesco India Bond; Natixis Harris Associates Global Equity; Schroder Frontier Markets Equity; Schroder Global Multi-Asset Income.

FLG Reportedly Seeks To Sell Friends Provident

Friends Life Group Limited (LSE:FLG) appointed Goldman Sachs Group Inc. to explore a sale of Friends Provident International Limited, Bloomberg News reported on August 23, 2014. The sale of Friends Provident, which has about £7 billion in AUM, the people added, noting that a final decision has not been made yet.

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