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Actuaries have traditionally made their mark in insurance. However, for the longest time, actuaries have crossed the traditional boundary of insurance and made significant impact in banking. As data, technology advancement and increasing complexity in risk and regulations continue to shape the banking industry, actuaries are increasingly sought after for their training and rigor to mitigate the myriad of challenges faced by the banking sector.
How do actuaries translate actuarial skills and training to solve problems in the context of banking? What challenges can they help to address going forward? Join us with two very seasoned actuaries working in the banking industry as they share how actuaries drive value in the banking industry.
CFO, Global Wealth and Insurance
Alistair is the Chief Financial Officer, Global Wealth and Insurance, leading the Finance, Actuarial, Balance Sheet Optimisation and Investment teams across HSBC’s insurance businesses and financial management of asset management and private banking.
Prior to becoming CFO in August 2020, Alistair led the Actuarial and Product teams in HSBC Life. Alistair joined HSBC in April 2018 from AIA where his roles included CFO for AIA Singapore, Regional Business Development Director and Director of Product Strategy for AIA Group. Prior to joining AIA, Alistair previously worked at Aviva and Standard Life in insurance roles in UK, Europe and Asia.
Alistair is a qualified actuary and holds a degree in economics from Edinburgh University, UK. Alistair currently lives in Singapore and is married with two daughters.
Regional Head of Bancassurance
Carlos is currently Regional Head of Bancassurance for DBS Bank, responsible for bancassurance business across all markets. Prior to that, he was CEO of HSBC Life Singapore.
An actuary by training, Carlos has over 20 years of experience across both emerging and developed markets (Mexico, Canada, US, Japan, Indonesia and Singapore). He has spent the last 7 years in Singapore and was instrumental in the DBS partnership for developing all products for Manulife during the first 3 years of the partnership. He graduated from the University of Connecticut (Go Huskies!) and spends a lot of personal time playing with his dogs, in the gym and on the dance floor.
Elise Chee (Moderator)
Elise is an actuarial director with PwC Singapore. She supports insurance and clients and other corporates in a wide range of audit and advisory work. She has led numerous engagements across Southeast Asia, ranging from IFRS 17, RBC, actuarial due diligence for M&A, asset valuation, appointed actuary certification, and regulatory licensing.
As a qualified actuary, Elise has over 19 years of experience across many senior roles in established entities such as the Zurich Group and AXA prior to her consulting journey with PwC. Although she works primarily in insurance, Elise started her career in an investment bank, working in risk modelling roles with bank economists and currency strategists.
- This forum will be held before the 46th SAS AGM on the same day. Members are invited to stay on for the AGM. Register for the AGM at: https://www.actuaries.org.sg/events/46th-annual-general-meeting-agm-2022.
- Zoom dial-in link will be shared 1 day before the session.
- Fees: Complimentary to SAS members (virtual or in-person). Non-members: S$20 (virtual only).