Income Insurance names Khoo Kah Siang as CEO

He brings more than 30 years in financial services and succeeds Andrew Yeo.

Income Insurance has appointed Khoo Kah Siang as its new CEO, effective 23 January 2027, subject to regulatory approval from the Monetary Authority of Singapore (MAS).

He will succeed Andrew Yeo, who has resigned to pursue other opportunities after serving at the company since 2015 and being appointed CEO in 2019.

Khoo most recently served as CEO Emerging Markets, at Manulife Asia, where he oversaw a portfolio covering Indonesia, the Philippines, Malaysia, Cambodia, and Myanmar.

He focused on driving sustainable growth across these markets to create diversity for the enterprise.

He has over 30 years of experience in the financial services sector, including actuarial, regulatory, finance, and profit-and-loss leadership roles.

Khoo has also held senior roles across the insurance industry and public sector, including at Great Eastern and MAS.

He holds a PhD in Statistics and a Bachelor of Science from the University of Kent.

Lim Sim Seng, Chairman of the Board of Income Insurance, said Khoo’s experience in the insurance sector and track record of leading businesses through change position him well to guide Income Insurance into its next phase of growth.

“The Board looks forward to working closely with Kah Siang as we strengthen our capabilities, deepen our commitment to customers and build a more resilient and sustainable organisation,” Lim said.