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Income Insurance Limited, commonly known as Income and previously also known as NTUC Income, is a composite insurer based in Singapore, offering life, health and general insurance. Initially founded as a cooperative in 1970 under the National Trades Union Congress (NTUC), it was restructured as a public non-listed company limited by shares in ...
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]
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 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 ...
On 15 September 1970, NTUC Income was established and as deputy secretary-general of NTUC, Sia was appointed as one of the seven life trustees. The other trustees included acting Prime Minister and Minister for Defence Goh Keng Swee, Minister for Law and Minister for National Development Edmund W. Barker and NTUC secretary-general Devan Nair ...
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.
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