Prudential Hires ex-AIA Regional CEO & ex-AXA Hong Kong CEO John Cai as Regional CEO for Malaysia, Indonesia & Vietnam, and Agency, Regional CEO for Growth Markets, Health & Agency Solmaz Altin Resigned to Return to Europe & Will Stay Till 2025 2H for Handover, Dennis Tan Remains as Regional CEO for Singapore & Thailand with Responsibility for Partnership Distribution, Angel Ng Remains as Regional CEO for Greater China with Responsibility for Customer & Wealth, New Regional CEO for India, Africa, Philippines, Cambodia, Laos & Myanmar, with Responsibility for Health to be Announced
12th April 2025 | Hong Kong
Prudential has hired ex-AIA Regional CEO & ex-AXA Hong Kong CEO John Cai as Regional CEO for Malaysia, Indonesia & Vietnam, and Agency. Regional CEO for Growth Markets, Health & Agency Solmaz Altin has resigned to return to Europe, and will stay till 2025 2H for handover. Dennis Tan remains as Regional CEO for Singapore & Thailand with responsibility for Partnership Distribution, Angel Ng remains as Regional CEO for Greater China with responsibility for Customer & Wealth, and a new Regional CEO for India, Africa, Philippines, Cambodia, Laos & Myanmar, with Responsibility for Health will be announced. Prudential (3/4/25): “Prudential plc (“Prudential”) is today announcing the appointment of John Cai, as Regional CEO for Malaysia, Indonesia and Vietnam, and Agency. John’s appointment follows the decision by Solmaz Altin, Regional CEO for Growth Markets, Health and Agency, to return to Europe so his children can complete their critical schooling years closer to family. Solmaz’s resignation has prompted a reshaping of the Group Executive Committee (GEC)’s responsibilities to reflect the size of the growth opportunity, with two new regional CEO roles being created. Solmaz will remain as an advisor to the company. John will join the business and the GEC on 7 April 2025. Based in Hong Kong, he will report to Prudential plc CEO Anil Wadhwani. John has spent the past two decades leading large insurance companies across Asia including as Group Regional Chief Executive of AIA with responsibility for China, Vietnam, Malaysia, Taiwan and Myanmar, where he also led the transformation of the business and agency model. Prior to AIA, he was the CEO of AXA Hong Kong. Solmaz will remain with the business until the second half of 2025 and will work with John and the rest of the GEC to ensure a thorough handover.”
“ Prudential Hires ex-AIA Regional CEO & ex-AXA Hong Kong CEO John Cai as Regional CEO for Malaysia, Indonesia & Vietnam, and Agency, Regional CEO for Growth Markets, Health & Agency Solmaz Altin Resigned to Return to Europe & Will Stay Till 2025 2H for Handover, Dennis Tan Remains as Regional CEO for Singapore & Thailand with Responsibility for Partnership Distribution, Angel Ng Remains as Regional CEO for Greater China with Responsibility for Customer & Wealth, New Regional CEO for India, Africa, Philippines, Cambodia, Laos & Myanmar, with Responsibility for Health to be Announced “
Prudential plc CEO Anil Wadhwani: “Firstly, I’d like to express my sincere gratitude to Solmaz for his impactful contribution to Prudential. In his three years with us, Solmaz has been driving the growth and profitability of his 15 markets, most visible in the turnaround of our business in Indonesia. He has been instrumental in developing and implementing the company’s transformation strategy, including leading our technology transformation. Solmaz has also made a significant impact setting up our Health business and reinvigorating our Agency capability. His work has undoubtably set the foundation for our future success. He has been a valued member of the Prudential family and we wish him the greatest success in his future endeavours. In John, we have hired a true industry expert. The wealth and breadth of his experience will be a real asset to us and we look forward to welcoming him to the business.”
Regional CEOs Responsibilities:
- John Cai, as Regional CEO for Malaysia, Indonesia and Vietnam, with responsibility for Agency;
- A new Regional CEO for India, Africa, Philippines, Cambodia, Laos and Myanmar, with responsibility for Health, will be announced in due course;
- Dennis Tan will continue as Regional CEO for Singapore and Thailand with responsibility for Partnership Distribution; and
- Angel Ng remains the Regional CEO for Greater China with responsibility for Customer and Wealth.
Prudential plc – Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme. Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
Prudential Hires ex-AIA Regional CEO & ex-AXA Hong Kong CEO John Cai as Regional CEO for Malaysia, Indonesia & Vietnam, and Agency, Regional CEO for Growth Markets, Health & Agency Solmaz Altin Resigns to Return to Europe & Will Stay Till 2025 2H for Handover, Dennis Tan Remains as Regional CEO for Singapore & Thailand with Responsibility for Partnership Distribution, Angel Ng Remains as Regional CEO for Greater China with Responsibility for Customer & Wealth, New Regional CEO for India, Africa, Philippines, Cambodia, Laos & Myanmar, with Responsibility for Health to be Announced
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
