Aviva Asia is pleased to announce the appointment of Mr Yu Ning ("Richard") as President of Aviva-COFCO Life Insurance ("Aviva-COFCO"), its joint venture in China. The appointment is effective immediately and, as President, Richard will be responsible for overseeing all the business operations and driving the ambitious growth of Aviva-COFCO, a top seven foreign life insurer in China.

Richard has been interim President of Aviva-COFCO since August 2013. During this time he has made a significant contribution to the joint venture's development, as exemplified by the 144% increase in value of new business to ?20m (US$33m) in the six months to 30 June 2014, compared to the previous year.

A graduate of the University of International Business and Economics in Beijing, China, with a degree in International Finance, Richard also holds an EMBA from The China Europe International Business School in Shanghai. Prior to being named interim President, Richard held the position of Chief Financial Officer for five years.

Khor Hock Seng, Aviva Asia Chief Executive Officer, said:
"We are delighted to have someone of Richard's calibre and experience at the helm of one of our core businesses in Asia. He was involved in the founding of Aviva-COFCO in 2003 and under his recent interim leadership, the business has continued to grow rapidly.

We have one of the broadest footprints of any foreign life insurance joint venture in China, spanning 54 cities in 12 provinces. This is a strong foundation on which to scale up our operations and strengthen our distribution capabilities so that we can deliver our ambitious growth plans. Richard's deep local market expertise and local knowledge will be invaluable in increasing Aviva-COFCO's market share and profitability in the China market in the years to come. This appointment, like others before it, underscores our commitment to growth in our core markets of Greater China and Southeast Asia."

Richard Yu commented:
"The Chinese life insurance industry is growing at an incredible pace, and we are seeing increasing demand for life and high-end health insurance products. Aviva-COFCO has strong partnerships with ten of the leading banks in China, we are growing strongly and have exciting prospects. I look forward to continuing to work with the team and our partners to deliver products and services that best meet the needs of our diverse and growing customer base."

Through its 50:50 joint venture with COFCO in China, Aviva Asia offers life and health insurance products to its customers through a variety of distribution channels, including agency, broker, bancassurance, telemarketing and direct marketing. COFCO is the largest supplier of diversified products and services in the agricultural products and food industry in China.

1 September 2014, Hong Kong - Colliers International today announced the appointment of Gareth Barlow as Executive Director, Project Management, of Colliers International Hong Kong. Gareth's appointment is part of Colliers International Hong Kong's drive to provide a broader range of services for their clients.

"I'm thrilled that Gareth is joining us, and believe he will inject further vitality into our already dynamic Hong Kong team," said Richard Kirke, Managing Director, Colliers International Hong Kong. "He has an impressive and diverse list of accomplishments, having established an engineering consultancy business in Korea, worked in Singapore, New York and recently whilst based in Hong Kong he ran the Bank of America Merrill Lynch Project Management platform for Asia Pacific. I believe he will be very successful as we seek to establish a market leading Project Management Platform."

Early in his career, as a telecommunications engineer, Gareth setup operating communications systems supporting British Armed Forces in Europe, after which he was awarded the Nato Medal. On leaving the army for civilian life, Gareth moved to Asia, establishing a data centre collocation facility in Singapore, and becoming country manager for an engineering consultancy business in Korea. His first Hong Kong assignment was as senior project manager for inProjects (Hong Kong). Gareth then joined Macquarie Services (Hong Kong), heading management of projects across Asia. This led to him becoming vice-president of Macquarie Holdings, based out of New York and serving as head of project management for the Americas, responsible for the needs of 65 direct leased office locations.

"I love Hong Kong, and greatly look forward to working with the Colliers International Hong Kong team, which is as vibrant as the city itself," said Gareth. "I'm well aware this is a hard fought real estate market, but this in turn will make devising and guiding winning strategies all the more rewarding."

---

ABOUT COLLIERS INTERNATIONAL
Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognised commercial real estate firm in the world.

At the International Property Awards – Asia Pacific 2012-13, Colliers was awarded 11 accolades across the region including the Best Property Consultancy Awards in Hong Kong and Indonesia, and regional awards of Best Property Consultancy Marketing and Best Real Estate Agency Website for Asia Pacific.