AIA Appoints John Harrison as an Independent Non-executive Director

HONG KONG, June 23, 2011 /PRNewsiwre-Asia/ -- AIA Group Limited, ("AIA" or "the Company"; stock code: 1299), is pleased to announce the appointment of Mr. John Barrie Harrison as an independent non-executive director, chairman of the Audit Committee and a member of the Risk Committee of the Company with effect from 1 July 2011.

Mr. Harrison, aged 54, recently retired as Deputy Chairman, KPMG International. He is currently an independent non-executive director of Hong Kong Exchanges and Clearing Limited, a non-executive director of BW Group and the president of the Hong Kong Cricket Club.

Mr. Harrison began his career with KPMG in London in 1977 and was made a partner of KPMG Hong Kong in 1987. From 2008 to 2010, he was Deputy Chairman, KPMG International. Mr. Harrison holds a Bachelor of Science (Mathematics) from Durham University, UK and is a Fellow of the Institute of Chartered Accountants in England and Wales. He is also a member of the Hong Kong Institute of Certified Public Accountants.

Welcoming Mr. Harrison to AIA's board of directors ("Board"), Mr. Mark Tucker, AIA's Group Chief Executive & President, said: "John's wealth of experience in financial services, corporate governance and financial risk management will enhance our Board's diversity of expertise. His experience in and passion for Asia will be a tremendous asset."

With effect from 1 July 2011, Dr. Qin Xiao will cease to act as Chairman of the Audit Committee but will remain a member thereof.

Mr. Tucker added: "On behalf of the Board, I would like to thank Dr. Qin for his efforts in chairing the Audit Committee. Dr. Qin has been a valuable member of the Board since its inception and he will continue to have a positive impact on AIA's development."

About the AIA Group

AIA Group Limited and its subsidiaries (collectively "the AIA Group" or "the Group") comprise the largest independent publicly listed pan-Asian life insurance group in the world. It has wholly-owned main operating subsidiaries or branches in 14 markets in Asia Pacific - Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau and Brunei and a 26% joint venture shareholding in India.

The Group traces its origins in Asia back more than 90 years. It is a market leader in the Asia Pacific region (ex Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It has total assets of US$107.9 billion (as at 30 November 2010).

The AIA Group meets the savings and protection needs of individuals by offering a comprehensive suite of products and services including retirement planning, life insurance and accident and health insurance. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of more than 260,000 agents and over 21,000 employees across Asia Pacific, AIA serves the holders of over 23 million individual policies and over 10 million participating members of group schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code '1299'.