AIA Group Management

Management criteria checks 4/4

AIA Group's CEO is Yuan Siong Lee, appointed in Jun 2020, has a tenure of 3.92 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 $16.96M. The average tenure of the management team and the board of directors is 6.9 years and 9 years respectively.

Key information

Yuan Siong Lee

Chief executive officer

US$13.4m

Total compensation

CEO salary percentage	12.8%
CEO tenure	3.9yrs
CEO ownership	0.02%
Management average tenure	6.9yrs
Board average tenure	9yrs

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
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$989m
Mar 31 2023	n/a	n/a	US$636m
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 ($USD13.42M) is about average for companies of similar size in the US market ($USD13.53M).

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

CEO

Yuan Siong Lee (57 yo)

3.9yrs

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	3.9yrs	US$13.42m	0.021% $ 17.0m
Garth Brian Jones	Group Chief Financial Officer	13.1yrs	no data	no data
Biswa Prakash Misra	Group Chief Technology Officer & Life Operations Officer	6.9yrs	no data	no data
Mark Konyn	Group Chief Investment Officer	8.7yrs	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	6.9yrs	no data	no data
Pek-San Ang	Group Chief Human Resources Officer	6.9yrs	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	7.5yrs	no data	no data

6.9yrs

Average Tenure

57yo

Average Age

Experienced Management: AAIG.F's management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yuan Siong Lee	Group Chief Executive	3.9yrs	US$13.42m	0.021% $ 17.0m
Sze-Wing Tse	Independent Non-Executive Chairman	13.7yrs	US$1.01m	0.030% $ 24.6m
Chak-Kwong So	Independent Non-Executive Director	13.7yrs	US$330.00k	0.0017% $ 1.4m
Juen-Yee Lau	Independent Non-Executive Director	9.7yrs	US$280.00k	0.0022% $ 1.8m
Narongchai Akrasanee	Independent Non-Executive Director	8.3yrs	US$396.69k	no data
Mari Pangestu	Independent Non-executive Director	less than a year	US$120.99k	no data
Chung-Kong Chow	Independent Non-Executive Director	13.7yrs	US$288.36k	0.0011% $ 934.8k
Cesar A. Velasquez Purisima	Independent Non-Executive Director	6.7yrs	US$355.00k	no data
Jie Sun	Independent Non-Executive Director	2.9yrs	US$330.00k	no data
John Barrie Harrison	Independent Non-Executive Director	12.8yrs	US$350.00k	0.00071% $ 587.3k
Yong-Boon Yeo	Independent Non-Executive Director	11.5yrs	US$355.00k	0.00045% $ 372.3k
Chong Tee Ong	Independent Non-executive Director	less than a year	US$120.99k	no data

9.0yrs

Average Tenure

68yo

Average Age

Experienced Board: AAIG.F's board of directors are considered experienced (9 years average tenure).

AIA Group Management

Management criteria checks 4/4

Key information

Recent management updates

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

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

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

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

Recent updates

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

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

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

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

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

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

AAIA a Group Limited Announces Board Changes

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

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

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

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

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

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

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

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

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

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

AIA Group Limited to Report First Half, 2020 Results on Aug 20, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age