Business World

Jose Cuisia, Jr. named FWD Life Philippine­s chairman

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FORMER Ambassador to the United States of America (USA) Jose L. Cuisia, Jr. has been appointed chairman of the board of FWD Life Philippine­s, one of the fastest-growing insurance companies in the country.

Mr. Cuisia, whose appointmen­t took effect on Jan. 24, served as the ambassador to the United States of America from 2010-2016. He was also the governor of the Bangko Sentral ng Pilipinas from 1990 to 1993, and the administra­tor of the Social Security System from 1986 to 1990. His career has included several key positions with leading Philippine banks and financial institutio­ns. He is replacing Julian Lipman who has stepped down as chairman to assume a new role as FWD Group chief of Staff, in addition to his Group Chief operating officer position at the company’s Group Office.

“We are truly honored that Ambassador Cuisia has taken on the role as chairman of the board. This is another step toward strengthen­ing our game- changer position in the insurance industry,” said FWD Life President and Chief Executive Officer Peter Grimes. “We want to continue our rapid expansion, with our customer- led approach, making insurance easier to understand for Filipinos, relevant to their lifestyles and providing the financial protection that they need.”

Initially appointed as a member of the Board and Special Advisor in June 2016, Mr. Cuisia will now hold a pivotal role in taking FWD Life Philippine­s to the next level and achieving its goal of becoming a leading insurer locally. His insights, influence, and formidable industry experience will be invaluable as he works closely with the management team to develop growth strategies for the Company.

“In assuming the Chairmansh­ip, I look forward to continuing to support FWD’s vision of changing the way people feel about insurance by creating fresh customer experience­s, with easy-to-understand products and supported by digital technologi­es,” Ambassador Cuisia said.

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JOSE L. CUISIA, JR.

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