Standard Life is to expand its retail investment business in the Asian market by establishing a branch in Singapore.
Neal Armstrong has been appointed CEO and principal officer of the Standard Life business in Singapore.
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Prior to his appointment Armstrong was director of Zurich Life Insurance and principal officer of Zurich Life in Singapore.
The Standard Life branch is expected to open this month in Singapore’s Central Business District. The expansion is part of Standard Life Group’s strategy to access high growth and high value markets in Asia.
Situated in Singapore’s Central Business District, Standard Life will open for business this month.
The move follows full insurance licence approval from the Monetary Authority of Singapore.
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