Koh Beng Seng bows out as Great Eastern chairman

He will step down from the post on 21 April.

Great Eastern Chairman Koh Beng Seng will be parting ways with the company on 21 April after 15 years of service.

Under Koh's leadership, Great Eastern's gross premiums, total weighted new sales, new business embedded value and embedded
value grew significantly from 80% to 120%.

"Mr Koh has been instrumental in the Group’s push towards digital transformation to equip its employees and financial representatives with the necessary tools to deliver a seamless customer experience, accelerate innovation for business growth and refresh its technology infrastructure," Great Eastern said in a bourse filing.

Succeeding Koh is Soon Tit Koon, who will begin his duty as chairman of the board on 22 April.

Prior to his appointment in Great Eastern. Soon held senior positions in Oversea-Chinese Banking Corporation (OCBC Bank), Wilmar Holdings, and  Citicorp Investment Bank (Singapore) Limited.