Jason Sadler has been named as the new CEO of CIGNA International Health, Life & Accident operations.
CIGNA International President William L. Atwell said " With his breadth of experience and strong leadership skills, I'm confident he'll be a great success in leading our team to meet our aggressive growth objectives - particularly in Asia." The appointment of Mr Sadler, follows an aggressive business strategy which has been implemented by CIGNA early this year. The experience of the new CEO is likely going to play a pivotal role in the drive to augment the global reach of the health service company. Prior to becoming CEO of IH&A, Mr Sadler spent 16 years with HSBC serving in the UK, Singapore and Hong Kong. Recently he held the position of managing director of the HSBC insurance business for Hong Kong, responsible for the life, general, medical and corporate retirement business. With a total of 21 years of experience in the industry, Mr Sadler's appointment as CEO of CIGNA International Health, Life & Accident comes at a critical time, as the company accelerates their global operations, with particular focus on the Asian market. Mr Sadler is leaving the post of Insurance Business Managing Director for HSBC in Hong Kong, Insurance Asian Limited, a position he has held since 2007; previously he was CEO of HSBC Singapore Pte Limited. Mr Sadler graduated from Swansea University, United Kingdom with a Bachelor of Science in Business Studies. Previously Sadler held management positions in the UK, with AXA insurance and Zurich Financial Services. The appointment of Mr Sadler comes as CIGNA aim to increase their market share, especially in Asia. As the Asian healthcare market expands - particularly in China - CIGNA plans to implement an aggressive strategy that aims to take advantage of the rapidly increasing demand for insurance packages that provide better coverage than the government-provided plans.Insurance Companies mentioned: CIGNA- A global health service company dedicated to helping people improve their health, well being and sense of security. CIGNA Corporation's operating subsidiaries provide an integrated suite of medical, dental, behavioral health, pharmacy and vision care benefits, as well as group life, accident and disability insurance, to approximately 46 million people throughout the United States and around the world. HSBC- Is one of the largest banks and financial services organizations in the world. It has a global presence that consists of 9,500 offices across 86 countries and territories in Europe, the Americas, the Asian- Pacific region, the Middle East and Africa. HSBC Insurance (Asia-Pacific) Holdings Limited is a wholly owned subsidiary of The Hong Kong and Shanghai Banking Corporation Limited, the founder member of HSBC Holdings plc, the London-based holding company of the HSBC Group. Three insurance underwriters collectively form HSBC Insurance (Asia-Pacific) Holdings Limited: HSBC Insurance (Asia) Limited, HSBC Life (International) Limited and HSBC Insurance (Singapore) Pte Limited.