Dai-ichi Life Cambodia is pleased to announce the appointment of Mah Kin Yoong as its new chief executive officer (CEO), effective August 1.
Mah Kin Yoong brings a wealth of experience and a strong track record within Dai-ichi Life Group. In 2020, he joined the group's regional headquarters, DLI Asia Pacific Pte Ltd as general manager, leading distribution, digital and innovation. In 2022, leveraging his experience, he was seconded to Dai-ichi Life Cambodia as chief commercial officer (CCO) and subsequently as chief operating officer (COO) in 2023.
Since January 2024, he has served Dai-ichi Life Cambodia as acting CEO, playing a pivotal role in the company's business growth and expansion. He has proven strategic leadership skills and experience, making him the ideal candidate for the CEO role.
Brett Clark, CEO and managing director of Dai-ichi Life Asia Pacific, said, “Kin Yoong’s 20-years of experience across diverse markets, including Hong Kong, Malaysia, Singapore and Cambodia, has enabled him to deeply understand the financial solutions that meet the needs of different customer groups and our business partners.”
“His expertise covers crucial areas like bancassurance, information technology (IT), operations and marketing. This has allowed him to develop our business operations that drive significant growth, from improving customer experiences through digitalisation and amplifying brand awareness to expand our professional sales forces and support our partners”, he added.
Mah Kin Yoong said, “I am grateful for this fantastic opportunity and I want to extend my gratitude to the group’s leadership for their trust. Upholding our group's purpose – partnering with you to build a brighter and more secure future – I’m eager to continue the good work with our dedicated team to provide accessible financial security to more Cambodians every day.”
The current global economic climate presents obstacles to growth. However, under Mah Kin Yoong’s leadership, Dai-ichi Life Cambodia is well-positioned to navigate these challenges and solidify its position as a leading Japanese life insurer in Cambodia.
About Dai-ichi Life Cambodia
Dai-ichi Life Insurance (Cambodia) Plc is one of the fastest-growing life insurers in the country in just over five years. It is a subsidiary of Dai-ichi Life Holdings Inc (DLHD), a leading life insurer in Japan with over 121 years of history, and is listed on the Tokyo Stock Exchange (TSE).
Founded in Japan in 1902, DLHD has been committed to partnering with all stakeholders to build a brighter and more secure future for all. Dai-ichi Life Holdings brings the same commitment to Cambodia, offering innovative life insurance solutions tailored to your needs. Their core values – We Care, We Do What's Right and We Innovate – guide every decision they make. As your lifetime partner, they are here to support you and your family's well-being for life.
Dai-ichi Life Group has strong fundamentals, a solid capital base with total assets of $446.08 billion and income of $49.71 billion as of March 31.
