Tokio Marine Life Insurance Singapore Appoints Raymond Ong as New CEO

Leadership appointment aims to drive sustainable growth and accelerate customer-focused digital transformation

Raymond Ong

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Tokio Marine Life Insurance Singapore (TMLS) has announced the appointment of Raymond Ong as its new Chief Executive Officer, marking a strategic move to strengthen its leadership team and support long-term growth.

Ong brings extensive experience across the insurance sector, having held multiple senior leadership roles throughout his career. He is widely recognized for driving sustainable growth, enhancing operational discipline, and leading customer-centric transformation initiatives.

Prior to joining TMLS, Ong served as CEO of a composite insurer in Singapore, where he led the company through a period of strong growth, with a focus on product innovation, digital transformation, and customer-focused solutions. Earlier in his career, he held key roles including Chief Financial Officer at a major life insurer in Malaysia and Group Chief Risk Officer for a leading insurance group operating across Singapore and Southeast Asia.

The company stated that Ong’s regional expertise and deep industry knowledge position him well to lead TMLS into its next phase of development. His appointment aligns with the organization’s strategic priorities of enhancing customer experience, strengthening operational excellence, and delivering tailored insurance solutions to meet evolving market needs.

“I am honoured to join Tokio Marine Life Insurance Singapore,” said Ong. “I look forward to working with the team to build on the company’s strong foundations, empowering our people to inspire confidence and accelerate progress for our customers, our people, and the communities we serve.”

The leadership transition comes as TMLS continues to position itself for sustained growth amid an increasingly competitive and digitally evolving insurance landscape.

Tokio Marine Life Insurance Singapore (TMLS) has announced the appointment of Raymond Ong as its new Chief Executive Officer, marking a strategic move to strengthen its leadership team and support long-term growth.

Ong brings extensive experience across the insurance sector, having held multiple senior leadership roles throughout his career. He is widely recognized for driving sustainable growth, enhancing operational discipline, and leading customer-centric transformation initiatives.

Prior to joining TMLS, Ong served as CEO of a composite insurer in Singapore, where he led the company through a period of strong growth, with a focus on product innovation, digital transformation, and customer-focused solutions. Earlier in his career, he held key roles including Chief Financial Officer at a major life insurer in Malaysia and Group Chief Risk Officer for a leading insurance group operating across Singapore and Southeast Asia.

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