Fellowship of Chartered Insurance Institute
Associateship of Australian Insurance Institute
Associateship of Insurance Institute of New Zealand
Working Experience
Mr Patrick Houghton Wale joined the Aviva Insurance Group in New Zealand in 1961. Following overseas transfers to Africa and India in the 1970s, he was appointed Country Manager in Hong Kong in 1980, then Country Manager in Malaysia in 1982 followed by promotion to Regional Managing Director for Asia (based in Singapore) in 1990.
In 1998, he led the merger of Commercial Union Assurance Co. Ltd (CU) and General Accident Insurance Asia Ltd (GA) across the Asian region, and the acquisition of Insurance Corporation of Singapore (ICS) in Singapore in 2001.
In 2004, Mr Wale was a member of the Aviva team responsible for selling Aviva Asia’s General Insurance businesses to Mitsui Sumitomo Insurance which resulted in the merger of the two company’s Asian Regional Offices in Singapore and a change of name to MSIG Holdings (Asia) Pte Ltd [“MSIG Holdings”], plus the merger of Mitsui Sumitomo Insurance (Malaysia) Bhd and Aviva Insurance Berhad in Malaysia. Mr Wale became the Chief Executive Officer of MSIG Holdings until his retirement on 1 April 2008.
Mr Wale is currently a director of MSIG Holdings, Mitsui Sumitomo Insurance (Malaysia) Bhd, Singapore International Chamber of Commerce and a deputy chairman and director of MSIG Insurance (Thailand) Co Ltd (formerly known as Aviva Insurance (Thailand) Co Ltd).
Directorship of Public Companies
Mitsui Sumitomo Insurance (Malaysia) Bhd
Family Relationship
Nil
Interest
Nil
Composition
Tan Sri Ahmad bin Mohd Don (Chairman) - Independent Non-Executive Director
Dato' Jorgen Bornhoft - Independent Non-Executive Director
Mr Patrick Houghton Wale - Independent Non-Executive Director
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....