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AIA Singapore introduces more than 500 financial sales advisory positions under new employment scheme providing greater financial stability to attract fresh graduates, mid-career switchers and stay-at-home-parents keen to return to the workforce

AIA Singapore’s Financial Associate Scheme (FAS) offers basic pay, CPF contributions, comprehensive skills training, full-time employment benefits and more

SINGAPORE – Media OutReach – 30 June 2022 – AIA Singapore today announced the creation of more than 500 positions as AIA Financial Associate Consultants with the launch of its Financial Associate Scheme (FAS). The scheme offers greater financial stability for individuals keen to pursue a career in financial services by providing full-time employment benefits including basic pay, CPF contributions combined with the flexible working environment enjoyed by AIA Financial Associate Consultants.

FAS.jpg

AIA’s FAS will provide new AIA Financial Associate Consultants with a more stable and structured compensation model, including a base salary ranging from $2,700 – $8,000 per month[1] as well as attractive quarterly bonuses based on performance. Eligible candidates will be under the direct employment of AIA Singapore where they will get to enjoy full-time employee benefits, including CPF contributions, annual leave and medical benefits, while also be under the supervision of an agency leader.

To equip candidates with the relevant skills and knowledge to succeed in the financial services industry, candidates will undergo a holistic skills training programme where they will receive job-specific training and gain a fundamental understanding of the life insurance industry. As part of their career development, they will also be placed on training programmes focused in helping them succeed in this career and towards the managerial path.

Mr Chin Chung Wen, Chief Distribution Officer of AIA Singapore, said, “The AIA Financial Associate Scheme is in response to feedback from many talents we engaged with – from fresh graduates to mid-career switchers – who are keen to pursue opportunities in financial sales advisory but hesitate because of existing financial responsibilities they already have.”

“Another key group we established this scheme for is stay-at-home-parents and women who want to return to the workforce. We want them to feel empowered and confident to re-start their professional lives with AIA, and we believe that the career provides them the stepping-stone to make this happen. Creating a more conducive environment for women to re-join the workforce will also help address the tight labour market we are currently experiencing.”

“AIA Financial Associate Consultants are not simply financial consultants, they play a critical role in influencing lives and being a trusted partner for their clients throughout life’s journey. As a leading insurer, AIA is dedicated to nurturing our insurance representatives into future leaders; inspiring them beyond their comfort zones and allowing their talents to truly shine in the process,” Mr Chin added.

There are approximately 260,000 women in Singapore who are well-placed to return to the workforce[2]. The recent White Paper on Singapore Women’s Development, a whole-of-society review of Singapore women’s development, also outlined the imperative of pursuing initiatives that enable more women to participate more fully in the workplace[3].

The creation of more than 500 new positions under this new scheme is aimed at expanding AIA’s distribution capability which is currently already one of the strongest in the country.

For 7 consecutive years, the AIA Group has achieved the largest number of MDRT members and is the only multinational company in the world to have done so. AIA Singapore has also achieved the highest number of Million Dollar Round Table (MDRT) registered members for seven consecutive years from 2014 to 2020. In 2021, AIA Singapore doubled our number of MDRT achievers. Internationally recognised as the gold standard of excellence in life insurance and financial services, AIA’s agency force represents the industry pinnacle in professional knowledge, ethical conduct and outstanding client service. AIA Singapore is also ranked among the top 15 best workplaces in LinkedIn’s Top Companies in Singapore 2022.

The company is recognised for equipping AIA Insurance Representatives with the latest digital tools, best-in-class business knowledge as well as high service and professional ethics standards, empowering them to help individuals, families and businesses protect what matters most to them.

AIA Singapore is consistently recognised for its digital innovations to support AIA Insurance Representatives and customers alike. iSmart, an analytics-backed super-app for the agency force to better engage with customers, and AIA Claims EZ, an AI-enabled platform which makes the digital claims experience faster and more seamless, were recently awarded with the Gold and Bronze awards respectively at the Asia e-Commerce Awards 2021 by Marketing Interactive[4].

Individuals who are interested to apply for the scheme can visit: www.aia.com.sg/financialassociatescheme


[1] Base salary is subject to terms and conditions including meeting certain sales validation.

[2] ‘Job vacancies at record high, majority of unfilled roles PMET-related: MOM’ (Apr 1, 2022). TODAY. Low Youjin. Available at: https://www.todayonline.com/singapore/job-vacancies-record-high-majority-unfilled-roles-pmet-related-mom-1861606

[3] ‘White paper on Singapore Women’s development: Towards a fairer and more inclusive society’ (2022). Available at: https://www.scwo.org.sg/wp-content/uploads/2022/03/White-Paper-on-Singapore-Womens-Development.pdf

[4] ‘Asia eCommerce Awards 2021: 2021 Winners (2021) Marketing Interactive. Lighthouse Media. Available at: https://awards.marketing-interactive.com/asia-ecommerce-sg/2021-winners/

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$340 billion as of 31 December 2021.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

Notes:
1. Hong Kong SAR refers to Hong Kong Special Administrative Region.
2. Macau SAR refers to Macau Special Administrative Region.

#AIASingapore

Indonesian President First Asian Leader to Visit Ukraine During War

Indonesian President Joko Widodo and Ukraine's President Volodymyr Zelenskiy attend a meeting.
Indonesian President Joko Widodo and Ukraine's President Volodymyr Zelenskiy attend a meeting (Photo: Ukrainian Presidential Press Service).

Indonesian President Joko Widodo, known as Jokowi, arrived in Kyiv on Wednesday to meet with Ukrainian President Volodymyr Zelenskyy. He is the first Asian leader to visit since the conflict began at the end of February.

Lenovo™ ushers in the reopening of offices in Hong Kong with new workspace collaboration and facility management tools

Equips businesses to build the workplace of the future and improve the flexible working experience for employees with smarter workspace solutions

HONG KONG SAR – Media OutReach – 29 June 2022 – As Hong Kong eases pandemic restrictions, paving the way for offices to reopen, LenovoTM today announced the launch of its Workplace Solutions portfolio designed to give organizations the confidence to welcome their employees back. With solutions like simplified workspace booking, utilization analytics and smart facilities management coupled with professional services, businesses can provide employees with enhanced flexible working options offering the benefits of both in-office interactions and remote work.

“Given that employees’ expectations of the workplace have changed, companies recognize that reopening the office does not mean reverting to the pre-COVID status quo. Employees want the flexibility to log in easily anytime, anywhere, and focus on the work that matters without having to wrangle with tech issues. The Lenovo Workplace Solutions offering is built to help companies provide a compelling employee experience that drives productivity and attracts talent. This includes tools that enhance communications and create efficiencies by reducing administrative workloads, are secure by design and powered by extensive support services,” Daniel Fields, Executive Director, Services Business of Lenovo Asia Pacific said.

Companies are increasingly turning to technology to manage the complex needs of a hybrid workforce. This is corroborated by Lenovo’s recent global study of CIOs, which reveals that CIOs are managing areas beyond their traditional purview, like HR and talent acquisition (39%). Tasked with these additional responsibilities, CIOs need cohesive technology solutions and services that will free up their time from the maintenance and upkeep of IT. This enables them to focus on more strategic imperatives such as building an attractive workplace in view of an increasingly hybrid workforce, by provisioning innovative consumer-grade applications that employees want, fast across remote desktops.

The Lenovo Workplace Solutions portfolio helps businesses and CIOs adapt to the hybrid work era with several smart workspace solutions, including:

  • Workspace Booking: Scheduling software offering real-time visibility on workspace occupancy enabling employers to manage capacity better, helps employees book facilities quickly to save time, and improves contact tracing with automated post-event reporting
  • Workplace Analytics: Delivered via a dashboard providing real-time insights on space usage, based on non-invasive data from heat and motion sensors
  • Digital Signage: Content management system that turn traditionally static displays and signages at high-traffic locales and touchpoints into visually-rich multimedia screens that’s dynamically updated to convey important updates in a timely manner
  • Visitor Management: System simplifying visitor registration process and health check-in forms, drastically reducing waiting time and improving the overall visitor experience
  • Smart Locker: Flexible self-service storage service enabling employees to store, pick up and drop off assets securely 24×7 with minimal fuss and reduced waiting time
  • Smart Collaboration: All-in-one video conferencing software and integrated devices that are easy to use and scale according meeting room solution with to meeting sizes, protected by ThinkShield, a suite of security solutions to safeguard users’ privacy and data
  • Smart Parking: An intelligent carpark management system that delivers real-time space information to remotely monitor space vacancy and alert when there are abnormal activities, such as unauthorized parking or overtime parking

All solutions include 24/7 remote health monitoring, access to experts and technicians across Lenovo’s global network, and field service repairs. This enables large companies with a global footprint to configure solutions based on their needs and scale across functions and locations quickly and consistently.

To learn more, visit: https://techtoday.lenovo.com/hk/en/solutions/workplace-solutions

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY) is a US$70 billion revenue global technology powerhouse, ranked #159 in the Fortune Global 500, employing 75,000 people around the world, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver smarter technology for all, Lenovo has built on its success as the world’s leading PC player by expanding into new growth areas of infrastructure, mobile, solutions and services. This transformation together with Lenovo’s world-changing innovation is building a more inclusive, trustworthy, and sustainable digital society for everyone, everywhere. To find out more visit ,and read about the latest news via our

#Lenovo

USAID Supports Ministry of Health to Expand COVID-19 Vaccination in Laos

USAID Supports the Ministry of Health to Expand COVID-19 Vaccination in Laos

The United States, through the US Agency for International Development (USAID), has handed over cold chain and IT equipment worth around USD 150,000 to the Ministry of Health (MOH) to further expand COVID-19 vaccination coverage in Laos, especially in hard-to-reach communities.

ASIA APPAREL EXPO – The one-stop trade show for sourcing Asian Apparel will commence next week

ASIA APPARELA EXPO, BERLIN
5 – 7 JUL 2022
Messe Berlin, Hall 1.1 & 2.1

BERLIN, GERMANY – Media OutReach – 29 June 2022 – From the start of the year, Comasia has seen that many international trade shows have re-commenced in Germany. At present, no vaccination passport is required for entry into Germany and most social distancing rules have been lifted. In view of this, Comasia is pleased to announce that the 2022 ASIA APPAREL EXPO-Berlin is ready to make a strong return and welcome back the exhibitors and buyers this summer.

For the 9th edition, the rescheduled 2022 ASIA APPAREL EXPO-Berlin will be held from 5-7 July, 2022 and will feature a strong line-up of high-quality Asian manufacturers and suppliers in over 350 booths to showcase their best designs and latest lines in men’s, women’s and children’s wear, knitwear, fabrics and textiles, as well as trimmings and accessories, plus fashion accessories. Exhibitors will be mainly from China, Bangladesh, India, Pakistan, Hong Kong and other countries.

Product zones for 2022 include:

  • APPAREL FOR MEN, WOMEN, & CHILDREN
  • ASIAN DESIGN
  • KNITWEAR STUDIO
  • FASHION ACCESSORIES
  • BLUEPRINT – DENIM
  • GARMENT ACCESSORIES & TRIMMINGS

Asia still remains the world’s number one destination for apparel manufacturing and ASIA APPAREL EXPO connects Asian clothing manufacturers and suppliers all providing low cost, high quality and stable product supply to European brands. Berlin, as a key fashion capital located in the centre of Europe, combined with Asian manufacturers which lead the world with their investment in factories, supply chain infrastructure and training of the labour force employed in their apparel and associated industries provide the ideal connection to expand trading between East and West.

Registration for trade professionals to attend is now open and the full list of participants is available online at www.asiaapparelexpo.com

TRADE PROFESSIONALS ONLY

PRESS RELEASE JUNE 2022
Notes to Editors
ASIA APPAREL EXPO, BERLIN
5-7 July 2022
Hall 1.1 & 2.1, MESSE BERLIN is open to trade professionals and accredited press only.
www.asiaappaarelexpo.com

ORGANISER
COMASIA LIMITED
21/F., One Harbour Square,
181 Hoi Bun Road,
Kwun Tong, Kowloon, Hong Kong
Tel: (852) 2700 6726
Fax: (852) 2700 6727
cs@asiaapparelexpo.com
https://www.facebook.com/asiaapparelexpo
https://twitter.com/AsiaApparelExpo

TRON Founder Justin Sun Attended WTO MC12 with Focuses on SIDS, E-Commerce, and More

GENEVA, SWITZERLAND – Media OutReach – 29 June 2022 – Justin Sun led the Grenada delegation to attend the WTO’s 12th Ministerial Conference (MC12). As the Ambassador and Permanent Representative of Grenada to the WTO, Sun spoke during the conference on climate change, food security, SIDS (Small Island Developing States), e-commerce, and other topics.

In the conference, Sun stated that as a small island developing state (SIDS), Grenada relies heavily on a predictable, transparent, and efficient multilateral trading system (MTS) and that in recent years, Grenada has been focusing on developing digital economy and e-commerce through blockchain technologies to support the WTO’s Work Programme on E-Commerce.

Justin Sun also called for addressing the current COVID-19 vaccine inequity at the conference. He argued that WTO members must identify an IPR exemption agreement on an intellectual property waiver for COVID-19 vaccines.

The WTO MC12 was also delayed twice due to the impact of COVID-19, which was seen as the key issue of the conference. The WTO Ministerial Conference is normally convened every two years. Members participate as delegations, which consist of ministers in commerce and trade, agriculture and other departments related to trade, as well as WTO ambassadors.

The Geneva Package, as the WTO MC 12 outcomes are being called, resulted in a series of key trade initiatives. The package adopted by WTO members includes Declaration on the Emergency Response to Food Insecurity; Decision on World Food Programme (WFP) Food Purchases Exemptions from Export Prohibitions or Restrictions; Declaration on the WTO Response to the COVID-19 Pandemic and Preparedness for Future Pandemics; Decision on the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS); Decision on the E-commerce Moratorium and Work Programme and Agreement on Fisheries Subsidies.

#TRONDAO

The 2022 Global Esports Summit to be held in Hangzhou on July 26th Brings New Opportunities for Asian E-sports

SHENZHEN, CHINA – Media OutReach – 29 June 2022 – The “2022 Global Esports Summit and Tencent E-sports Annual Conference” will be held at Hangzhou International Expo Center from July 26th to July 27th.

With E-sports being selected as an official medal event in the 19th Asian Games Hangzhou 2022, the Conference, held under the theme of “Blooming in Asia”, will focus on four key aspects: new communication, new sports, new consumption, and new industry. It will cooperate with Tencent’s eco-partners to discuss the roles that the e-sports industry plays in promoting international exchanges and cooperation, building a competitive spirit, exploring the consumption trend of the young generation, and boosting regional economic development.

Due to the pandemic, this Summit will be this year’s first offline e-sports industry summit as well as the first industry Summit.

The Summit, which lasts for two days, comprises three sessions: the Global Esports Summit, Tencent E-sports Annual Conference, E-sports Eco-industry Exhibition and, Relevant Forum.

On the morning of July 26th, the “Global Esports Summit” will be held to exchange ideas on the development trend of e-sports as an emerging industry in the new stage where E-sports is included in the Asian Games 2022 via speeches and close dialogue;

On the afternoon of July 26th, the “Tencent E-sports Annual Conference” will be held to release the overall thinking and development strategy of the 2022 Tencent E-sports industry, and introduce the tournaments of the year;

From July 26th to July 27th, the “E-sports Eco-industry Exhibition and Relevant Forum” will be set up adjacent to the conference venue, covering an area of 4,680 m2. It intends to extend the content of the Summit to echo the new debut of e-sports in the 19th Asian Games Hangzhou 2022. It also plans to enable close communication between eco-partners and offer them more opportunities for exposure and promotion. Moreover, it aims to highlight a new mode of integration between the e-sports industry and diversified consumption scenarios.

Since e-sports took up a place in the Asian Games Hangzhou 2022, the industry has witnessed great progress in various fields, gaining strong momentum to continuously unleash its potential in the new stage. Therefore, this Summit is expected to gather relevant partners in the whole industry in Hangzhou on July 26th to witness these progresses.

The Summit is now open for live room booking. Scan the QR code below for a chance to win a JmGO project, a Canon camera, or an Apple Watch. You can also sign up for an offline visit to come and share your views with us.

Okta Study Reveals Security as Top Concern Driving Adoption of Customer Identity & Access Management (CIAM) Solutions

Report further highlights user experience concerns, lack of in-house expertise as main barriers to adoption

SINGAPORE – Media OutReach – 29 June 2022 – Okta, Inc. (NASDAQ: OKTA), one of the leading independent identity providers, today announced the findings of the State of CIAM in Asia-Pacific 2022 study at the Okta City Tour Singapore event. The research set out to uncover the extent of CIAM adoption in Asia-Pacific, the factors driving businesses to implement CIAM solutions, and the challenges they face in managing digital customer identity today. The study was conducted in early 2022 and surveyed 320 C-level and senior IT decision makers in Australia, Japan, Singapore, South Korea, the Philippines and Hong Kong.

Richard Marr, APAC CIAM Lead, Okta, at the Okta City Tour Singapore event
Richard Marr, APAC CIAM Lead, Okta, at the Okta City Tour Singapore event

With the pandemic accelerating the shift to digital across many business sectors and cyberattacks rising to an all-time high, businesses have a greater need to deliver secure, seamless digital experiences to their customers. CIAM allows businesses to embed a secure identity layer into their consumer and SaaS applications, facilitating secure, seamless end user experiences across digital channels. It also ensures partners, suppliers and contractors have secure access to the resources needed, empowering them to collaborate effectively. Importantly for business growth purposes, CIAM enables firms to analyze customers’ buying behaviours and craft targeted marketing strategies.

The study revealed a high level of understanding of CIAM across the region, with nearly three-quarters of respondents (72%) saying they have a good or expert understanding of CIAM, and only a small minority (7%) admitting to not knowing anything about it at all. This awareness has also translated to widespread adoption of CIAM solutions, with a large majority (82%) having already implemented CIAM solutions, whether built in-house or outsourced. Even among those that do not currently have a CIAM solution, nearly half (48%) are planning to deploy one in the next 12 to 18 months.

Security concerns driving CIAM adoption

Security emerged as the top driver for CIAM adoption, with nearly 9 in 10 respondents (89%) saying CIAM was very important or important to their overall security strategy, and just 3% saying it had no importance at all. Similarly, developers cited security as the top attribute (33%) when selecting a CIAM solution, followed by reliability (22%), ease of use (16%) and a good user experience (15%).

“An integrated, secure and seamless CIAM solution is now a critical component to organisations’ wish to provide the best digital user experience to their end users,” said Richard Marr, APAC CIAM Lead at Okta. “While the State of CIAM in Asia-Pacific 2022 survey revealed a high level of awareness and adoption of CIAM solutions in the region, challenges remain for organisations that may lack in-house expertise or the necessary resources to keep up with an evolving cyber threat and regulatory environment.”

Furthermore, the survey revealed significant concerns about CIAM implementation and potential business risk if done poorly. Most respondents said the biggest barrier to CIAM implementation was the risk of adversely impacting the user experience (61%), with many struggling to get this right internally, followed by a lack of available in-house expertise (42%), and the need to create a business case to justify implementation (30%).

Challenges of managing CIAM solutions amid evolving threat and regulatory landscape

The challenges and complexities of CIAM continue beyond implementation, with businesses that choose to build these solutions in-house needing to upkeep their deployments to withstand evolving cyberattacks. Of those organisations that have a CIAM solution, 60% say their biggest barrier in managing it is the need to improve their security posture, while 57% are challenged by the high level of complexity.

Balancing need for security, innovation and user experience (UX) amid talent shortage

The fast-changing threat landscape and ever-evolving audit and compliance requirements make speed and agility essential in managing customer identity. This creates another challenge for business, with over 40% citing this as a key barrier in using their existing CIAM solution.

In today’s digital-first world, the urgency for businesses to deliver customer experiences that balance security and UX is driving the adoption of CIAM across Asia-Pacific.

Those who don’t have a solution are hampered by knowing where to start, with concerns about user experience and security proving to be a barrier to implementation. Those who do are often relying on homegrown solutions that are complex to maintain, less secure, and divert developer and engineer time away from business-critical activities.

“In a world where in-house IT and security talent is scarce, keeping up with the fast changing security landscape can be unsustainably stressful,” said Richard Marr, APAC CIAM Lead at Okta. “Organisations should consider outsourcing customer identity management so that they can focus on the more strategic aspects of customer loyalty development, and business growth.”

Okta’s State of CIAM in Asia-Pacific 2022 report can be downloaded at this link.

About Okta

Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 15,800 organizations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

#Okta