Philam Life today announced the election of J. Axel Bromley as its new Chief Executive Officer, effective June 1, 2015, subject to regulatory approvals.
Mr. Bromley brings rich global experience to the role, after spending over 20 years of working in Eastern Europe, South and Central America, the Middle East and the Indian Sub-Continent. He also has more than 13 years of experience in the insurance industry, previously as General Manager/Country Manager in Nepal, Qatar, Bahrain, Kuwait, Oman, and Ukraine.
Prior to the election, Mr. Bromley was Director of Strategic Initiatives at AIA Group, Philam Life’s parent company, which is the largest independent publicly listed pan-Asian life insurance group with presence in 18 markets in Asia-Pacific.
AIA considers the Philippines as a high priority market, taking into consideration the country’s booming economy and continued investor confidence. High expectations is alsoplaced on its local subsidiary, Philam Life, to take advantage of the huge potential of the booming market and continue its strong financial performance.