FWD Group Holdings Limited (FWD) has named Craig Tunstall as interim chief risk officer (CRO), ensuring continuity in its risk and compliance leadership as Jeremy Porter prepares to retire from the insurance industry on November 14, 2025.
The appointment is subject to regulatory approval.
Tunstall currently serves as chief corporate governance officer for FWD Thailand, one of the group’s largest business units. He joined the company in 2020 and is a UK-qualified actuary with over 30 years of experience in the life insurance sector.
His professional background includes roles in the United Kingdom, continental Europe, and Asia, covering product and business development, finance and actuarial functions, and risk management.
Huynh Thanh Phong, group chief executive officer and executive director of FWD Group, said that risk management and regulatory compliance remain among the group’s highest priorities as it addresses global market changes and evolving regulatory standards.
“We’re pleased to have someone of Craig’s calibre, experience, and familiarity with FWD Group ready to provide interim leadership to our group risk & compliance function as we complete a comprehensive search process for this key role,” said Thanh Phong.
Meanwhile Porter’s retirement concludes a career phase that has included leadership of the group’s risk and compliance initiatives during a period of corporate development.
Thanh Phong also expressed appreciation for Porter’s service during a period that included the introduction of FWD’s group-wide supervision framework.
“I would like to thank Jeremy for the contributions he made during some pivotal years for FWD Group, from the implementation of the group-wide supervision framework to our recent Hong Kong stock exchange listing process,” Thanh Phong added.
What do you think of FWD Group’s leadership transition and its approach to ensuring consistency in risk and compliance management? Share your thoughts in the comments.
