Tokio Marine Life Insurance Malaysia has appointed Toi See Jong as chief executive officer with immediate effect.

Toi brings 25 years of financial services experience to the role, having assumed positions such as appointed actuary and CEO in Malaysia before taking on other senior positions in China, Singapore and Hong Kong. He most recently served as managing director at Prudential Assurance in Singapore. He is believed to have replaced Kenneth Wong.

Tokio Marine has a significant wealth management offering, consisting of legacy planning, wealth accumulation, wealth enhancement, retirement funding, business continuation and income replacement, among others. The company was established following the acquisition of Asia General Holdings by Japan insurer Tokio Marine Holdings in 2007.

The company has RM5.4 million ($1.7 million) in total assets as of 30 June 2011.