AIA Group Management

Management criteria checks 3/4

AIA Group's CEO is Yuan Siong Lee, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is $13.42M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth €15.96M. The average tenure of the management team and the board of directors is 7.4 years and 9.5 years respectively.

Key information

Yuan Siong Lee

Chief executive officer

US$13.4m

Total compensation

CEO salary percentage	12.8%
CEO tenure	4.4yrs
CEO ownership	0.02%
Management average tenure	7.4yrs
Board average tenure	9.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Yuan Siong Lee's remuneration changed compared to AIA Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$5b
Mar 31 2024	n/a	n/a	US$4b
Dec 31 2023	US$13m	US$2m	US$4b
Sep 30 2023	n/a	n/a	US$4b
Jun 30 2023	n/a	n/a	US$4b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$14m	US$2m	US$3b
Sep 30 2022	n/a	n/a	US$5b
Jun 30 2022	n/a	n/a	US$6b
Mar 31 2022	n/a	n/a	US$7b
Dec 31 2021	US$16m	US$2m	US$7b
Sep 30 2021	n/a	n/a	US$7b
Jun 30 2021	n/a	n/a	US$7b
Mar 31 2021	n/a	n/a	US$6b
Dec 31 2020	US$18m	US$1m	US$6b

Compensation vs Market: Yuan Siong's total compensation ($USD13.42M) is above average for companies of similar size in the German market ($USD4.78M).

Compensation vs Earnings: Yuan Siong's compensation has been consistent with company performance over the past year.

CEO

Yuan Siong Lee (58 yo)

4.4yrs

Tenure

US$13,421,088

Compensation

Mr. Yuan Siong Lee has been Group Chief Executive, Executive Director and President of AIA Group Limited since June 1, 2020. He is a Director of various companies within the Group, including acting as Chai...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yuan Siong Lee	Group Chief Executive	4.4yrs	US$13.42m	0.021% € 16.0m
Garth Brian Jones	Group Chief Financial Officer	13.6yrs	no data	no data
Biswa Prakash Misra	Group Chief Technology Officer & Life Operations Officer	7.4yrs	no data	no data
Mark Konyn	Group Chief Investment Officer	9.2yrs	no data	no data
Lance Montague Burbidge	Head of Investor Relations	no data	no data	no data
Mitchell New	Group General Counsel	no data	no data	no data
Stuart Anthony Spencer	Group Chief Marketing Officer	7.4yrs	no data	no data
Pek-San Ang	Group Chief Human Resources Officer	7.4yrs	no data	no data
Wing-Shing Chan	Regional Chief Executive & Group Chief Distribution Officer	no data	no data	no data
Andrew Leung	Head of External Manager Strategies	no data	no data	no data
Hak-Leh Tan	Regional Chief Executive	no data	no data	no data
Shah Rouf	Chief Executive Officer of Group Corporate Solutions	8yrs	no data	no data

7.4yrs

Average Tenure

58yo

Average Age

Experienced Management: 7A2's management team is seasoned and experienced (7.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yuan Siong Lee	Group Chief Executive	4.4yrs	US$13.42m	0.021% € 16.0m
Sze-Wing Tse	Independent Non-Executive Chairman	14.2yrs	US$1.01m	0.031% € 23.1m
Chak-Kwong So	Independent Non-Executive Director	14.2yrs	US$330.00k	0.0018% € 1.3m
Juen-Yee Lau	Independent Non-Executive Director	10.2yrs	US$280.00k	0.0023% € 1.7m
Narongchai Akrasanee	Independent Non-Executive Director	8.8yrs	US$396.69k	no data
Mari Pangestu	Independent Non-executive Director	1.3yrs	US$120.99k	no data
Chung-Kong Chow	Independent Non-Executive Director	14.2yrs	US$288.36k	0.0012% € 872.4k
Cesar A. Purisima	Independent Non-Executive Director	7.2yrs	US$355.00k	no data
John Barrie Harrison	Independent Non-Executive Director	13.3yrs	US$350.00k	0.00074% € 556.5k
Nor Binti Mohd Yunus	Independent Non-Executive Director	1.2yrs	US$67.07k	no data
Yong-Boon Yeo	Independent Non-Executive Director	12yrs	US$355.00k	0.00046% € 345.9k
Chong Tee Ong	Independent Non-executive Director	1.3yrs	US$120.99k	no data

9.5yrs

Average Tenure

69yo

Average Age

Experienced Board: 7A2's board of directors are considered experienced (9.5 years average tenure).

AIA Group Management

Management criteria checks 3/4

Key information

Recent management updates

AIA Group Limited Announces Committee Changes, Effective 8 July 2024

AIA Group Limited, Annual General Meeting, May 24, 2024

AIA Group Limited Announces Appointment of Nor Shamsiah Binti Mohd Yunus as Independent Non-Executive Director and Member of Nomination Committee Effective September 21, 2023

Insufficient new directors

AAIA a Group Limited Announces Board Changes

AIA Group Limited Appoints Sun Jie as Member of the Audit Committee and the Remuneration Committee, Effective 1 June 2022

Recent updates

AIA Group Limited to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 18%

First half dividend of HK$0.45 announced

First half 2024 earnings released: EPS: US$0.29 (vs US$0.19 in 1H 2023)

AIA Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 25 September 2024

AIA Group Limited to Report First Half, 2024 Results on Aug 22, 2024

AIA Group Limited Announces Committee Changes, Effective 8 July 2024

AIA Group Limited Declares Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$1.19 per share

Investor sentiment improves as stock rises 22%

AIA Group Limited to Report Q1, 2024 Results on Apr 29, 2024

Final dividend of HK$1.19 announced

AIA Group Limited, Annual General Meeting, May 24, 2024

Full year 2023 earnings released: EPS: US$0.003 (vs US$0.024 in FY 2022)

AIA Group Limited to Report Fiscal Year 2023 Results on Mar 14, 2024

New minor risk - Share price stability

New minor risk - Earnings quality

AIA Group Limited to Report Q3, 2023 Results on Nov 03, 2023

New minor risk - Share price stability

AIA Group Limited Announces Appointment of Nor Shamsiah Binti Mohd Yunus as Independent Non-Executive Director and Member of Nomination Committee Effective September 21, 2023

Upcoming dividend of HK$0.42 per share at 2.2% yield

First half 2023 earnings released: EPS: US$0.19 (vs US$0.13 in 1H 2022)

AIA Group Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 26 September 2023

AIA Group Limited to Report First Half, 2023 Results on Aug 24, 2023

Now 21% undervalued after recent price drop

Insufficient new directors

AAIA a Group Limited Announces Board Changes

Now 20% undervalued

AIA Group Limited Declares Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$1.13 per share at 1.9% yield

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$0.02 (vs US$0.62 in FY 2021)

AIA Hong Kong Announces the Launch of AIA Wealth Elite 2 - Sapphire

Now 22% undervalued after recent price drop

Investor sentiment improved over the past week

AIA Group Limited (SEHK:1299) agreed to acquire MediCard Philippines, Inc.

AIA Group Limited (SEHK:1299) agreed to acquire MediCard Philippines, Inc.

Upcoming dividend of HK$0.40 per share

First half 2022 earnings released: US$0.05 loss per share (vs US$0.27 profit in 1H 2021)

AIA Group Limited Declares Interim Dividend for the Six Months Ended 30 June 2022

AIA Group Limited Declares Interim Dividend

AIA Group Limited Appoints Sun Jie as Member of the Audit Committee and the Remuneration Committee, Effective 1 June 2022

AIA Group Limited Declares Final Dividend for the Year Ended December 31, 2022

Upcoming dividend of HK$1.08 per share

AIA Group Limited Proposes to Declare Final Dividend of 108 Hong Kong Cents Per Share for the Year Ended December 31, 2022

AIA Group Limited to Report Q1, 2022 Results on Apr 29, 2022

AIA Group Limited to Report First Half, 2022 Results on Aug 25, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

AIA Group Limited (SEHK:1299) entered into the Share Sale Agreement to acquire Blue Cross (Asia-Pacific) Insurance Limited from The Bank of East Asia, Limited (SEHK:23) for HKD 2106 million.

AIA Group Limited to Report Fiscal Year 2021 Results on Mar 11, 2022

Independent Non-Executive Director recently bought €700k worth of stock

Upcoming dividend of HK$0.38 per share

Independent Non-Executive Director recently bought €215k worth of stock

AIA Plans to Acquire 24.99% Stake in China Post Life Insurance

AIA Group Limited Approves Final Dividend for the Year Ended 31 December 2019

Upcoming dividend of HK$1.00 per share

Full year 2020 earnings released: EPS US$0.48 (vs US$0.50 in FY 2019)

AIA Group Limited Appoints Cesar Velasquez Purisima as Member of the Audit Committee

AIA Group Limited, Annual General Meeting, May 20, 2021

AIA Group Limited to Report Fiscal Year 2020 Results on Mar 12, 2021

Westpac Reportedly Prepares to Kick Off A Formal Sale Process for Its Life Insurance Business

New 90-day high: €11.71

New 90-day high: €10.17

New 90-day high: €9.46

AIA Group Limited to Report Q3, 2020 Results on Nov 09, 2020

New 90-day high - €8.98

New 90-day high - €8.83

Independent Non-Executive Director recently bought €321k worth of stock