Pacific Century Group Chairman and CEO Richard Li, visits President Aquino in Malacanang Palace

President Benigno S. Aquino III received Mr. Richard Li, Chairman and CEO of the Pacific Century Group, in a courtesy call at Malacañang Palace. Mr. Li was accompanied by FWD Group Chairman Ronald Arculli, FWD Group CEO Huynh Thanh Phong…

President Benigno S. Aquino III received Mr. Richard Li, Chairman and CEO of the Pacific Century Group, in a courtesy call at Malacañan Palace. 


Mr. Li was accompanied by FWD Group Chairman Ronald Arculli, FWD Group CEO Huynh Thanh Phong, and FWD Life Insurance Corporation President and CEO Peter Karl Grimes. 


Present for the Philippine side were Finance (DOF) Secretary Cesar Purisima, Trade and Industry (DTI) Secretary Gregory Domingo, and Philippine Insurance Commissioner Emmanuel Dooc.


The Pacific Century Group was founded in 1993 and is an Asia-based private investment with interests in technology, media and telecommunications, financial services, infrastructure, property and other investments. Part of its insurance business arm is the FWD Life Insurance Corporation that services general insurance, employee benefits and financial planning.


FWD Life Insurance Corporation is the first foreign life insurer granted a license under the new Philippines Insurance Code. It has implemented a system that can provide 100% paperless sales process for customers and achieve immediate underwriting.


President Benigno S. Aquino III exchanges pleasantries with Pacific Century Group Chairman and CEO, Richard Li, during the Courtesy Call at the Music Room of the Malacañan Palace on Wednesday (December 09, 2015). Also in photo are. (Photo by Benhur Arcayan / Malacañang Photo Bureau)



President Benigno S. Aquino III exchanges pleasantries with Pacific Century Group Chairman and CEO, Richard Li, during the Courtesy Call at the Music Room of the Malacañan Palace on Wednesday (December 09, 2015). Also in photo is FWD Group Chairman, Ronald Arculli. (Photo by Lauro Montellano, Jr. / Malacañang Photo Bureau)

President Benigno S. Aquino III exchanges pleasantries with Pacific Century Group Chairman and CEO, Richard Li, during the Courtesy Call at the Music Room of the Malacañan Palace on Wednesday (December 09, 2015). Also in photo are FWD Group Chairman, Ronald Arculli, Finance Secretary Cesar Purisima and Trade and Industry Secretary Gregory Domingo . (Photo by Lauro Montellano, Jr. / Malacañang Photo Bureau)



President Benigno S. Aquino III greets Pacific Century Chairman CEO, Richard Li, during the Courtesy Call at the Music Room of the Malacañan Palace on Wednesday (December 09, 2015). Also in photo is Finance Secretary Cesar Purisima. ( Photo by: Exequiel Supera / Malacañang Photo Bureau)


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