Union Assurance appoints new CEO

Union Assurance PLC. has appointed Jude Gomes as the new Chief Executive Officer. Gomes will officially take office from December 1, 2019.

He is a Senior financial services professional in the life insurance and banking industry having more than 27 years of experience in banking and senior insurance roles. He currently holds the position of CEO and President, Manulife China Bank Life Assurance Co. Philippines and has been with Manulife Group since 2012.

Prior to that he was attached with HSBC Canara BC Insurance as SVP and Head of Channel; as Head of Bancassurance, Vietnam (STA) at HSBC Insurance (Asia Pacific Holdings Limited); and as part of Regional Business Development at HSBC Insurance (Asia-Pacific) Holdings Limited, working across APAC countries.

Gomes has many significant milestones in his career. He was the Founder member to launch India’s first privatized Life Insurer, HDFC Standard Life and Founder member of India’s first Bancassurance Life Insurer, HSBC Canara OBC Life Insurance.

Gomes was successful in Pioneering Bancassurance in Vietnam, scripting two exclusive deals and establishing Manulife Vietnam as the market leader. Further, he was also one of the business strategists who shaped the path for Manulife to enter the Myanmar market. Adding to Gomes’s accolades, is being the Winner of Manulife’s Global Star of Excellence in 2013 and 2015 and Standard Chartered APAC Award in 1999.

Union Assurance is one of Sri Lanka’s largest providers of life insurance solutions in the country backed by the strength and stability of one of Sri Lanka’s largest conglomerates–John Keells Holdings PLC.

Celebrating over 30 years of excellence, Union Assurance continues to invest in people, products and processes to become a true partner in success for all stakeholders. With its team of experienced and dynamic professionals, a strong capital base and reinsurance partnerships with highly rated global reinsurers, Union Assurance offers a wide range of tailor-made insurance products and services that are of international standards.