People Moves
Aviva Singlife Appoints Former DBS Senior Figure

The new CEO has worked at DBS in various roles, including wealth management. She is based in Singapore.
Aviva
Singlife, the group formed from the S$3.2 billion ($2.41
billion) merge of Aviva and Singapore Life, said yesterday that
it has appointed former DBS senior figure Pearlyn Phau as the new
group chief executive.
Subject to regulatory approval, Phau’s CEO appointment will be
effective on 18 August. Also subject to regulatory approval, she
will take on additional roles as executive director and CEO of
the group’s two Singapore licensed insurers, Singlife and Aviva
Singapore. The scheme of transfer, which will combine the two
entities, has been approved by the MAS. It is now subject to the
approval of Singapore courts and is expected to complete later
this year, the group said in a statement.
When Phau takes up her role, Nishit Majmudar will step down from
his executive and board roles to become a senior advisor to the
board. Walter de Oude, who has acted as group CEO prior to Phau’s
appointment, will continue on the board as deputy chairman, Aviva
Singlife Holdings.
Phau has undertaken various senior leadership roles within DBS
Group, both in Singapore and Hong Kong. She is the group head of
consumer products, marketing and ecosystem partnerships. Prior to
this, she was the deputy group head of consumer banking and
wealth management. Phau has also spent four years in Hong Kong as
the head of consumer banking and wealth management, DBS Bank Hong
Kong.