Pearlyn Phau

Banking veteran Pearlyn Phau spent 18 years at DBS, Singapore's largest bank, before joining Singlife in 2021 to lead an insurance and financial services business that counts Singapore's defense ministry among its clients. Singlife is among the largest insurers in the country, with assets of $10.7 billion in 2022. Launched in 2017 as an insur-tech startup, Singlife became the first local insurer since 1970 to be licensed by Singapore's financial regulator. It acquired Zurich Life Singapore in 2018. The company counts Japan's Sumitomo Life Insurance as one of its early investors and concluded a merger with Aviva Singapore in 2022. Singlife is now wholly owned by Sumitomo Life and was acquired in a transaction that valued the company at $3.4 billion in March.