Mark Saunders
Senior Advisor at Blackstone
Based in Hong Kong, Hong Kong
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Seniority
Director
Department
General Business & Management
Location
Hong Kong
Industry
Financial Services
Company size
7K
Contact information
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m•••••••@blackstone.com
Phone
5 credits+852 ••• •••• ••••
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Background
About Mark Saunders
Executive Leadership positions in life insurance industry over past 35 years. Lifetime Achievement Award at 2022 Asia Insurance Industry Awards. Worked in insurance industry in Asia since 1989 Now Senior Advisor at Blackstone. Member of Board of Directors, Prudential PLC Executive Council Member of the International Insurance Society, the Actuarial Society of HK, and Advisory Board of PIC Retired Member of Group Exec Committee, Chief Strategy & Corporate Development Officer, AIA Group Ltd, world's largest life insurer,(2014-2022). Boards & Director of various AIA businesses across 18 AP markets. Responsible for Group’s Strategy, M&A, Corporate Development, Corporate Solutions & Health businesses. Developed Purpose-led strategy. Led entry into new markets & all transactions. Pioneered strategic innovation into adjacency businesses & development of a new line of business & simultaneously served as Group CMO for 2 years securing major partnerships 1997-2014, MD of Towers Watson & Practice Leader for Asia-Pac Insurance Sector driving 20-fold business growth to market leading position. MD for HK, firm's largest operation in Asia-Pac & held various Board positions 1988-97, Asian Regional Leader, HK CEO, Board ED of Isle of Man-based international businesses of UK's Clerical Medical turning around business to sustainable double-digit profitable growth. As marketplace pioneer introduced innovative propositions in early 90s. Board ED of JV Korean life insurer (Coryo-CM) Widely regarded as leading practitioner in strategy, corporate & business development, financial, risk & capital management & economic value determination of life insurers in Asia. Involved in every major M&A deal & capital raising exercise of insurers in Asia since late 1990s. Leadership position providing Expert Opinions in Prospectuses of major high profile IPOs & listings of Asian life insurers dating back to dual-listing of China Life in 2003 Provided Expert Witness testimonies in High Court & been Appointed & Independent Actuary to 20 insurers Held Board, ED & INED roles. Completed internal corporate Directorship courses, holds the FT NED, Pearson SRF BTEC Level 7, Advanced Professional Diploma Worked with regulators across Asia to help develop their life insurance industries. Memberships of insurance-related, actuarial, regulatory, professional committees & community related roles including Govt FSTB’s Working Group on Long Term Fiscal Planning, FSDC, Insurance Advisory Cttee & SFC Fellow of the Institute & Faculty of Actuaries & Fellow of 5 other professional actuarial bodies
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