Exclusive: AXA Hong Kong CIO joins New World Development’s FTLife

AXA Hong Kong chief investment officer and Asia head of asset and liability management (ALM) Richard Chan has joined local business conglomerate New World Development’s insurance company FTLife. Chan commenced in the position as FTLife Insurance Company’s chief investment and ALM officer on Monday (September 26). This is the first time that FTLife has combined the CIO and ALM responsibilities into one role. Richard Chan “For me, this is the right model for an insurer t…