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FWD Group names group CFO, new CEOs for Thailand, Philippines

FWD Group Management Holdings Ltd. named Jon Nielsen managing director and group CFO, replacing Craig Merdian.

Nielsen joins from AIA Group Ltd., where he was chief risk officer. Merdian was appointed to oversee the financial growth of new ventures across the pan-Asian region.

The company also appointed Peter Grimes country CEO for its businesses in Thailand and Li Hao Zhuang to replace Grimes as president and CEO of FWD Life Philippines, effective Jan. 1, 2020.

Zhuang serves as group head of agency distribution at FWD Group.