AIA Group Limited has announced that Mark Konyn will join AIA as Group Chief Investment Officer with effect from 1 September 2015. Konyn will be a member of the Group Executive Committee and will report to Mark Tucker, Group Chief Executive and President.

Mark Konyn, a familiar face on the CNBC and Bloomberg Asian news shows, joins AIA Group from Cathay Conning Asset Management where he was Chief Executive Officer responsible for the firm’s investment business and strategic expansion in the AsiaPacific region.

Mark Tucker said: “We are delighted Mark is joining the team. Mark brings to AIA extensive investment and regional experience in managing insurance, pensions and mutual fund assets for a number of large and well recognised companies and institutional investors in Asia and globally.”

John Chu, AIA’s current Group Chief Investment Officer, will step down from his role from 1 September and will retire on 1 December after a period of handover and transition to Mark.

John Chu has been with AIA Group since June 1993 where he joined as SVP & CIO. He has been Group Chief Investment Officer since January 2010. Mark Tucker said, “I want to take this opportunity to thank John most sincerely and warmly for his outstanding and invaluable contribution to the Group to date. I am delighted that John has agreed to remain with the Group after his retirement to support us with various strategic initiatives in Hong Kong and Mainland China.”