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  • Industry Partnership Honorary Fellowships Mr Allan YU Kin-nam, BBS

    Honorary Fellowships

    Mr Allan YU Kin-nam, BBS

    Former Chief Executive Officer, Zurich Insurance Company Limited, Hong Kong
    Former Chairman, Hong Kong Federation of Insurers

    *Extract from Order of Ceremony 2024
    Detail Page_MR ALLAN YU KIN NAM BBS
    Mr Allan YU Kin-nam was conferred the VTC Honorary Fellowship by Under Secretary for Commerce and Economic Development, Dr Bernard CHAN Pak-li, JP

    Mr Allan YU has an impressive career spanning over 50 years in the insurance industry, with exceptional contributions to the development of the industry. Mr Yu was awarded the Bronze Bauhinia Star (BBS) in 2024. He received the “Lifetime Achievement Award” from the InsuranceAsia News in 2022 and the Hong Kong Federation of Insurers in 2023, in recognition of his substantial contributions to the insurance industry.
     

    Mr Yu has actively served in public and government bodies for over 30 years, including as the Chairman of the Hong Kong Federation of Insurers, the Motor Insurers’ Bureau of Hong Kong, and the Employee Compensation Insurer Insolvency Bureau, as well as the Director of the Employees’ Compensation Residual Scheme Bureau Ltd. In recognition of his extensive expertise in the insurance industry, the Government appointed Mr Yu as a member of the Insurance Authority’s Industry Advisory Committee (General Business), the Anti-Money Laundering & Counter-Terrorist Financing (Financial Institutions) Review Tribunal, and various committees under the Financial Services and the Treasury Bureau and Financial Services Development Council.
     

    Mr Yu is an ardent supporter of VPET and VTC, playing a pivotal role in shaping the industry training policies and standards through his service in key advisory positions. He has been the Chairman of the Insurance Training Board since 2019, after serving on the Board as a Member from 2013 to 2018. Additionally, he has held the post of Chairman of the Insurance Industry Training Advisory Committee of the Hong Kong Qualifications Framework since 2014. Under his leadership, the Board collaborated with the Institute of Professional Education And Knowledge (PEAK) to organise the “Insurance Summit”, which was approved for continuing professional development credit by the Insurance Authority in 2023. Since 2017, Mr Yu has been an Advisory Group Member and External Module Examiner for VTC’s in-service training programmes. His discerning recommendations have been invaluable in aligning the programmes with industry needs.
     

    Mr Yu strongly believes in the importance of practical training and industry exposure for students. Over the course of his career, he has provided invaluable hands-on training and internship opportunities to youth interested in insurance.