Search results
Results From The WOW.Com Content Network
In July 2024, the NTUC Enterprise co-operative gave an irrevocable undertaking to sell a majority 51% stake of Income Insurance Ltd to German insurer Allianz. [13]NTUC Enterprise Chairman Lim Boon Heng stated that "is a capital-intensive business and to grow, there is a need to tap the capital markets" and that the sale was necessary because the "strength of Allianz’s financial position will ...
He was appointed, as the Group Chief Executive at NTUC Enterprise on 1 October 2013. [1] Previously Tan was Chief Executive of NTUC Income Insurance Co-operative Limited in Singapore from February 2007 to September 2013. He has served as a member of the organization's Board of Directors since 2003. [2]
Income Insurance was launched as a cooperative in 1970, and was founded to fill the need for affordable insurance in Singapore. ... The insurer was corporatized in 2022, but almost 73% of the firm ...
The National Trades Union Congress (NTUC), also known as the Singapore National Trades Union Congress (SNTUC) internationally, is the sole national trade union centre in Singapore. NTUC leads the labour movement of Singapore , comprising 59 affiliated trade unions, 5 affiliated trade associations, 6 social enterprises, 6 related organisations ...
Tan ran NTUC Income with the aim of providing the best value to the policyholders. This meant lower fees for insurance agents, encouragement of direct selling practices which bypassed the agents altogether, [6] and low operating expenses—throughout his 30-year term as CEO, Tan flew in economy class, even on long haul flights. This management ...
The account was set up in the 1980s to support the union's activities and consisted of surplus insurance claims from STU members. Sia claimed that the account belonged to the union. However, Tan Kin Lian, chief executive officer of NTUC Income, said that the funds in the account were not due to STU. [58]
In 1998, the property was sold to NTUC Income Insurance Co-operative Pte Ltd. [2] In June 1999, Studio City Cinemas went bust due to low patronage and was replaced by Golden Village in November that year. [3] The wet market was replaced by local pet retailer The Pet Safari.
Ng Chee Meng PJG PPA(E) PPA(G) PBS (Chinese: 黄志明; Pe̍h-ōe-jī: N̂g Chì-bêng; pinyin: Huáng Zhìmíng; born 8 August 1968) [1] is a Singaporean politician, union leader and former lieutenant-general who is a member of the governing People's Action Party (PAP) and has been serving as Secretary-General of the National Trades Union Congress (NTUC) since 2018.