We are delighted to announce that Mr Charles Wong has officially joined Fortune Union today as our General Manager and Senior Compliance Director, overseeing management and compliance.
Presentation of the letter of appointment
01
26 Years in Insurance and Finance
Mr Wong brings 26 years of experience in insurance and finance, with deep practical expertise and a broad professional perspective. He has held senior management roles at leading institutions including AXA, Citibank and CITIC Bank. Over 18 years at CITIC Bank, he rose to Chief Insurance Sales Manager, leading a team that supported more than 30 technical representatives, and demonstrated outstanding leadership in bancassurance distribution, team training and sales compliance management.
AXA
Senior management role
Citibank
Senior management role
CITIC Bank
18 years, rising to Chief Insurance Sales Manager
Insurance brokerage
Responsible Officer (RO) authorised by the Insurance Authority
02
Education and Qualifications
Mr Wong graduated with honours from Rutgers University with a bachelor's degree in finance, and holds a number of professional qualifications, including those of the Hong Kong Securities and Investment Institute (HKSI) and the Insurance Intermediaries Qualifying Examination (IIQE). He previously served as Responsible Officer (RO) of an insurance brokerage, authorised by the Insurance Authority, where he led operational compliance, the review of internal control mechanisms and risk management strategy — bringing deep and extensive experience to the role.
As the industry grows rapidly, it must remain orderly and healthy — never sacrificing long-term reputation for short-term gain.
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Compliance as the Foundation for Growth
We are confident that, with his deep grounding in the insurance industry, Mr Wong will bring strong momentum to Fortune Union — further strengthening compliance governance and regulatory trust, ensuring that the company holds firmly to high compliance standards as it grows rapidly, strictly follows an ever-maturing regulatory framework, keeps all business activities fully in line with Hong Kong law and regulation, and continues to build its integrity and reputation in the eyes of the industry and regulators.
04
Two Priorities Ahead
Going forward, in addition to continuing to bring in seasoned professionals with extensive bancassurance experience, the company will focus on two areas to keep its overall management among the best in the industry:
01
Deepening engagement with regulators and industry peers
We will step up communication and collaboration with regulators and with peers committed to the healthy development of the industry, conveying a pragmatic message: as the industry grows rapidly, it must remain orderly and healthy, and must never sacrifice long-term reputation for short-term gain.
02
Technology-enabled compliance
Working with our group technology team and experienced external compliance firms, we will harness artificial intelligence to develop technology-driven compliance tools. Beyond strengthening our own compliance management, we hope in time to make these tools available to the wider industry, helping to supervise sales practices more effectively and to eliminate long-standing bad habits in the sales process.
Fortune Union values not only innovation and rapid growth in wealth management, but above all the strengthening of its compliance framework — the foundation on which we will upgrade our sales capabilities and professional training, and reach new heights together.
Please join me in giving Charles a warm welcome to the Fortune Union family!