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Aviva Singlife Reinforces Merger with Appointment of Kim Rosenkilde as Group Chief Investment Officer

Aviva Singlife Reinforces Merger with Appointment of Kim Rosenkilde as Group Chief Investment Officer

Aviva Singlife Holdings Pte. Ltd (“Aviva Singlife Holdings”), the holding company established following the merger of Aviva Ltd. (“Aviva Singapore”) and Singapore Life Pte. Ltd. (“Singlife”), has appointed Kim Rosenkilde as Group Chief Investment Officer with effect from 8 April 2021. An industry veteran with over 30 years in financial markets, Kim’s appointment comes as Aviva Singlife Holdings strengthens its new leadership team and brings the best of its investment capabilities from Aviva Singapore and Singlife together under one brand.

Kim acted as an advisor to Singlife on its investment and risk management strategy throughout 2020. His appointment to the new entity builds on this effort as he leads Aviva Singlife Holdings’ investment management activities and integrates the processes of Aviva Singapore and Singlife. This includes designing an appropriate refreshed investment risk appetite and managing the risks and opportunities that are supplemented by existing and new third-party managers.

Newly appointed Group Chief Investment Officer Kim Rosenkilde, said: “I am incredibly proud to be joining the combined entity of Aviva Singapore and Singlife and its fantastic team at such a unique time in history. With prevailing market uncertainty, financial institutions need to establish guardrails and measures that protect the wealth of their customers, while also creating room for fund managers to capture growth opportunities as markets recover. I approach this task with a great sense of responsibility, humility, and awareness of the role the Aviva Singlife brand will play as a homegrown insurer that is well-embedded in the fabric of Singapore’s society.”

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Kim will report to Walter de Oude, Deputy Chairman and Interim Group Chief Executive Officer at Aviva Singlife Holdings, and become a member of the Group’s Executive Committee. Kim will coordinate investments across the two licensed insurers and will be seconded to the Asset Liability Committees of Singlife and Aviva upon appointment.

Deputy Chairman and Interim Group Chief Executive Officer Walter de Oude, said of the appointment: “Aviva Singlife Holdings is combining the best of tech with sound financial advice to create unique offerings for Singapore and Southeast Asia. Beneath these offerings come rigorous investment and risk management capabilities which ensure we continue to support the financial journeys of customers who have entrusted their wealth with us. It is a privilege to have Kim’s continued expertise and leadership in this process as we unite the two entities under one trusted homegrown brand.”

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Prior to joining Aviva Singlife Holdings, Kim held senior executive roles with Deutsche Bank, Merrill Lynch, ABN AMRO Bank and other financial institutions, in London, New York, Tokyo and Shanghai. He now calls Singapore home having lived here for the past 12 years with his family.

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