Regional Director/Director, Finance & Control, Asia

Hong Kong

Our organisation

Ageas is a listed international insurance Group with a heritage spanning almost 200 years.

It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow.

As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up a major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors.

Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 45,000 people and reported annual inflows close to EUR 39.8 billion in 2021 (all figures at 100%).


The Regional Director, Finance & Control, Asia reports hierarchically and functionally to the CFO of Ageas Asia.

The role is responsible for establishing and maintaining an adequate financial management and business performance framework regarding the operations in Asia, which is compliant with Ageas’ group requirements.

This includes the responsibility for:

  • Implementing processes, systems, control mechanisms and other procedures to ensure a correct, complete and timely inclusion of the Asian activities into the financial statements of Ageas;

  • Pro-actively supporting and challenging of the Asia operating companies (opcos) in order to provide comprehensive insights on the results of the operating companies and as such enhance the decision-making process and contribute to the realization of the targets of Ageas Asia;

  • Integrating newly acquired operating companies or greenfield operations regarding financial reporting, including the implementation of processes, systems and policies, in order to be able to realise consistent accounting and reporting; and

  • Providing high-quality reports to Ageas’ senior management supporting the decision making and providing input to Investor Relations/Communications for external publications such as the quarterly press release and business reviews.

As such the Regional Director, Finance & Control, Asia is in fact overseeing the development in the following domains:

Key Deliverables:


  • Develop, maintain and manage the internal control frameworks and systems for Business Performance management, financial reporting, Expense control.

  • Interact with Ageas Group in order to contribute to the development of blueprints & guidelines for the respective domains, aiming at achieving a best practice status on an international scale and once established, support the transfer of the methodologies of Ageas into the opcos in Asia (knowledge broker). Ensure that current practices and policies in the Asian opcos are compliant with Ageas’ principles, taking into account the different market circumstances.

  • Specifically, monitor and support the implementation of the new IFRS standards (IFRS 9 and IFRS 17 in particular) in each market across the region, contribute to related discussions with the Head Office, revise reporting processes and templates in line with changes brought about by these new accounting standards.

  • Occasionally, provide implementation support where required and requested.

  • Manage the Finance & Control team in the Regional Office and the relationships across the region with the various Finance representatives and Ageas assignees in the opcos to ensure effectiveness.

  • Act as SPOC for all financial data/information regarding Asia region, specifically towards Regional Office and opcos in Asia region and Group (Finance& Control – incl. Closing office and external Auditors – Business Performance and Investor Relations).

The deliverables for financial controlling are:

  • Organize the regional financial reporting cycle.

  • Deliver the required monthly, quarterly and annual financial and business performance management reports, in line with Ageas’ financial guidelines and procedures and legal requirements, in order to realize correct, complete and timely financial reporting.

  • Solve all accounting issues as identified and reported in the closing process in due course.

The main deliverables for business controlling or business performance are:

  • Organize the regional Business Performance management cycle (including budgeting and forecasting).

  • Manage the annual target setting cycle within Asia, in order to contribute to the alignment of targets and budgets with the strategic objectives.

  • Organize exchange of information and best practices throughout the region.

  • Deliver support for initiatives/projects – initiated by the opcos – where transfer of knowledge, experiences, products, software from Ageas is required.

  • Deliver support to M&A activities.

The deliverables for reporting are:

  • Prepare quarterly external publications (press release, company presentation, Annual Financial Statements) on segment Asia.

  • Prepare documents on segment Asia to support discussions at the Ageas Management Committee and other Ageas Corporate Bodies.

  • Prepare supporting documents for discussions with analysts, rating agencies and investors.

Your profile

  • An experienced professional in the areas of business performance, IFRS accounting (IFRS 9 and IFRS 17 in particular), finance, and insurance (Life and General). Knowledge of accounting standards of some Asian countries (e.g., China Accounting Standards) is an asset.

  • Excellent communication, interpersonal, analytical and presentation skills.

  • Fluent or native in Mandarin even as has excellent command of English, both in spoken and writing skills.

  • More than 15 years of experience in terms of both breadth and depth to cover all aforementioned major business areas, with at least 10 of which in a management role. Experience in working in an international and complex organization, preferable in Insurance business.

  • Qualified member of an internationally recognized accounting body (Chartered Accountant, CPA or equivalent).

  • Should have the potential to take up a senior financial position in our Asia region in the future.

  • The Regional Director Finance & Control Asia must have the required personal skills to coach and lead a team of highly educated people.

  • S/he must have oversight of all financial, accounting and reporting mechanisms.

We offer

Ageas values your talent and knows how to reward it. We offer you an attractive salary and fringe benefits. You will work in a stimulating international environment, with numerous opportunities for personal development. You will work independently within a global dynamic team in agile ways (start-up spirit).


Please send your resume to HR Recruit (Asia) by email to [email protected]