Since March 2021, he is also a non-executive director of Oversea-Chinese Banking Corporation, the parent company of GEH.
"I look forward to working with fellow board members, management, staff and business partners to further the Group’s legacy and deliver enduring value for our stakeholders," says Khoo.
Soon, the retiring chairman, joined GEH's board in 2016 and was made chairman since April 2023.
Soon says it is an "appropriate time" to hand over to a new leadership as to "bring in fresh perspectives" to steer the insurer into its next chapter.
See also: CIMB names Mak Joon Nien as CEO of growth markets and CEO of CIMB Singapore
"I am confident that under the leadership of Dr Andrew Khoo, the Great Eastern Group will continue its trajectory of growth and excellence," he adds.
Great Eastern shares closed at $15.73 on March 9, down 1.13% for the day.
Photos: OCBC / Great Eastern websites
