Bangkok--Jan 21--Chuo Senko (Thailand)
A top gun in life insurance circles, Mr. Thanaporn Vattanaporn, joins Millea Life Insurance (MLI), which is ready to forge ahead in the market and rise into the Top Players.
Millea Life Insurance has gotten a golden hand in the life insurance business, Mr. Thanaporn, to reinforce its salesforce, and it is prepared to increase a new distribution channel ("Agency channel") in order to expand its client base in the individual insurance business after a quite successful performance in the group insurance business.
Millea Life Insurance (Thailand) PCL's Managing Director, Mr. Ichiro Ishii, disclosed that the company has announced an appointment of Mr. Thanaporn Vattanaporn as its Chief Agency Office (CAO) who will oversee a development and management of its new Agency channel which is commonly familiar in Thailand. Millea Life Insurance is to utilize the newly added channel aside from the existing "Associate channel" in order to fortify its position in the market penetration.
"By having Mr. Thanaporn joining our team, we are very well positioned to strengthen MLI's capability to its individual life insurance business growth. This movement is in accordance with MLI's multi distribution strategy to assure sustainable profitable growth of our operation in this market. Mr. Thanaporn will assist me in the strategic planning and management of our Agency distribution channel, which is added from this year," said Mr. Ishii.
Mr. Thanaporn is a highly experienced senior executive in the life insurance industry with an outstanding profile of achievement spanning over 30 years. His past experience included top positions at major life insurance companies such as the Ayudhaya CMG Life Assurance where he served as vice president in charge of the development and management of agency system. His most recent position was vice president and executive director at the Krungthai Axa Life Insurance company where he was able to increase sales volume more than 5 folds over the 3-year period.
Mr. Ishii added that, with a strong management team coupled with reinforced distribution channels, it is a significant factor enabling MLI to move forward and penetrate the market, thereby achieving the sales target set for this year. End.
-RK-