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Tan Suee Chieh

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Tan Suee Chieh
Born (1959-05-07) 7 May 1959 (age 66)
Alma materLondon School of Economics, Columbia University

Tan Suee Chieh (simplified Chinese: 陈诸杰; traditional Chinese: 陳諸傑; pinyin: Chén Zhū Jié) is a businessman and actuary. He was the CEO of NTUC Income (now known as Income Insurance) from February 2007 to September 2013, and the Group CEO of NTUC Enterprise from 1 October 2013 to 2017.[1][2]

Biography

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Tan served as a member of Singapore's NTUC Income Insurance Co-operative Limited Board of Directors since 2003.[3] Prior to that, he held the position of President, Asia Pacific Region of the SHL Group plc, a British human resource consultancy firm. From 1981 to 2001, he was with the Prudential plc and held several senior positions in the company, including Actuary of Prudential Malaysia, Chief Executive of Prudential Singapore and managing director, Established Markets of Prudential Asia.

Tan's directorships include International Cooperative and Mutual Insurance Federation and Allnations Board. Tan is also the co-chairman of the Institute of Service Excellence@SMU, and the Vice Chairman of the Singapore Children's Society Executive Committee, a member of the Board of Governors of the Asia Pacific Risk and Insurance Association, Advisory Board Member of the Center for Strategic Leadership at National University of Singapore and Sim Kee Boon Institute for Financial Economics at Singapore Management University, and trustee of the Singapore London School of Economics (LSE) Trust.[4]

He is a Fellow of the Royal Statistical Society and Institute of Actuaries, and he was a past president of the Life Insurance Association of Singapore,[5] as well as the Actuarial Society of Malaysia. Tan has a first-class honors degree from the London School of Economics, and a master's degree in social organizational psychology from Columbia University, New York.

As a former CEO of Income Insurance, then known as NTUC Income, he was against a proposed acquisition of the insurer by the German multinational financial services company Allianz in 2024.[6] The deal was eventually called off amid intense public scrutiny.[7] During the 2025 Singaporean general election, Tan wrote an open letter to PAP politicians associated with the failed deal, most notably Ng Chee Meng and Gan Kim Yong, asking for greater transparency. Tan later endorsed the Workers' Party (WP) team in Punggol GRC, particularly Harpreet Singh Nehal, who is running against Gan.[8][9]

References

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  1. ^ Yeap, Amanda (2025-04-27). "GE2025: NTUC will 'learn the right lessons and do better' following Income-Allianz saga, says labour chief Ng Chee Meng". CNA. Retrieved 2025-04-27.
  2. ^ "NTUC Income | About Us". Archived from the original on 2014-01-06. Retrieved 2014-01-06.
  3. ^ "NTUC income consolidated financial statements 2009" (PDF). Archived from the original (PDF) on 2011-09-15. Retrieved 2011-05-20.
  4. ^ "NTUC LearningHub - Board of Directors". Archived from the original on 2014-01-06. Retrieved 2014-01-06.
  5. ^ "2011-2012 LIA Committee Members | Life Insurance Association Singapore". Archived from the original on 2011-09-03. Retrieved 2011-05-20.
  6. ^ Ng Hong Siang; Lee Chong Ming. "Ex-NTUC Income CEO Tan Suee Chieh lauds government's move to block deal with Allianz". CNA. Retrieved 29 April 2025.
  7. ^ Huang, Claire (16 December 2024). "Allianz calls off deal with Income Insurance after public scrutiny". The Straits Times. Retrieved 29 April 2025.
  8. ^ "Tan Suee Chieh urges Jalan Kayu voters to seek accountability from Ng Chee Meng over Income-Allianz deal". The Online Citizen. 27 April 2025. Retrieved 29 April 2025.
  9. ^ "Tan Suee Chieh urges Gan Kim Yong to explain his role in failed Income-Allianz deal". The Online Citizen. 28 April 2025. Retrieved 29 April 2025.