At Generali Asia John is responsible for formulating and executing mergers and acquisitions, fostering strategic alliances and partnerships and leading regional corporate development initiatives to achieve Generali’s ambitious growth targets in Asia.
John is a seasoned international executive and brings deep and practiced expertise in developing insurance businesses, executing acquisitions and forming partnerships. Prior to joining Generali, John provided independent strategic advisory services for Asian cross border insurance and asset management transactions at Asian Capital Advisors and Keefe, Bruyette & Woods (KBW). At Macquarie Funds Group, John had responsibility for Asian acquisitions and led a Korean asset management joint venture. At Manulife Financial, John’s region-wide responsibilities included merger and acquisitions, strategic partnerships and wealth management. In Australia, John had senior executive roles at National Australia Bank and AMP.
John combines sharp analytical judgment with a pragmatic and energetic focus on results. He executes by simplifying the complexity of the opportunity by communicating a way forward and overlaying structure, process and accountability. He is resilient, persistent and resolute about reaching goals. His business focus has been to take underperforming operations and transform them.
To brainstorm or collaborate in regard to opportunities, please call me now at +852 9612 6993 or email john.spence@generaliasia.com
All Invitations to connect welcome - LION - LinkedIn Open Networker. Industry participants, Recruiters, HR Managers, Hiring Managers connect with me to get access to my network deep in industry leadership.
Regional Head, M&A and Strategy, Asia @ Responsible for formulating and executing mergers and acquisitions, fostering strategic alliances and partnerships and leading regional corporate development initiatives to achieve Generali’s ambitious growth targets in Asia. From August 2015 to Present (5 months) Hong KongManaging Director | Insurance and Asset Management Advisory @ Asian Capital Advisors offers independent strategic advisory services for cross-border insurance and asset management transactions in Asia. The firm specialises in providing advice in regard to execution of merger and acquisitions, strategic alliances, investment stakes, distribution partnerships and other business development and market entry opportunities.
Asian focused. Asian knowledge. Asian connected. From December 2012 to July 2015 (2 years 8 months) Managing Director | M&A Advisory Insurance and Asset Management @ Merger and Acquisition Advisory, Insurance and Asset Management Asia Pacific
Range of M&A Advisory Insurance and Asset Management mandates included - Chinese Asset Management joint ventures, Chinese Life Insurance, Indonesian Asset Management, Asean Non-Life Insurance, Hong Kong/Singapore High Net Worth Insurance Brokerage and Singapore Direct Non-Life Insurance.
Goverance - Responsible Officer (Type 1,6) From August 2011 to November 2012 (1 year 4 months) Hong KongManaging Director | M&A Business Development Joint Venture @ Business Development - Lead the established of Macquarie Samchully Asset Management Company in South Korea and raised over US$500 million for overseas resource fund and US$200 million in investment mandates
Merger and Acquisitions - Lead due diligence on a range of asset manager acquisitions in Asia, participated in several USA and European due diligence processes for a range of asset management businesses and integrated two multi-billion asset managers in Los Angeles
Governance – Director and Responsible Office for Hong Kong Asset Manager (Type:1,4,9), Representative Director and qualified Korean Fund Manager for Korean Asset Manager. From October 2007 to July 2011 (3 years 10 months) Senior Vice President, Regional Development @ Merger and Acquisitons - Lead the acquisition and integration of 20 separate entities across 6 territories in Asia including CMG Philippines, ING Indonesia, John Hancock Malaysia and Thailand
Wealth Management - region wide responsibilities overseeing mutual fund business in Indonesia and Vietnam, development and launch of Manulife Asset Management Thailand. Role included direct leadership of the Hong Kong Wealth Management for the period 2002 to 2006. From virtually a zero base in 2000, the wealth management business had grown to 20% of regional production and 40% of Hong Kong’s individual production. Lead the development of "first to market" Minimum Withdrawal Benefit Variable Annuities into Hong Kong, Singapore and Taiwan markets
Bancassurance - regional responsibility for leading Manulife’s 40 different bancassurance arrangements in Asia with key regional relationships with Citibank, HSBC, and UOB. By mid 2007 production on a regional basis bancassurance represented 15% of overall production
Governance – responsible for Manulife’s operations in Malaysia, Thailand, John Hancock Tianan in China. Responsible officer for Hong Kong Asset Manager, business (Type:1,4,9), Conducting Person for Luxembourg mutual funds and held multiple directorships for a range of businesses across the region including Commissioner for Indonesia Mutual Funds and Director of Thailand Asset Manager. From November 1998 to August 2007 (8 years 10 months) Hong KongGeneral Manager Premium Financial Services @ Distribution Management - Leading distribution and marketing platform for to 10% of Bank's retail customer base - including Private Bank, Financial Planners and Personal Bankers. Drove 75% productivity improvement with Bankers and 50% with Planners
Product Management - Launched a new range of life risk and superannuation products From April 1996 to April 1998 (2 years 1 month) General Manager Retail Distribution @ Lead the centralisation of the State support functions a new agency terms From September 1995 to April 1996 (8 months) General Manager Retail Investments @ Responsible for a range of asset management products including listed and unlisted unit trusts, including property, mortgage, and cash management trusts, insurance bonds and superannuation master funds. From July 1994 to August 1995 (1 year 2 months) General Manager Hillross @ Lead the revitalisation of Hillross as the non-AMP branded financial planning network From September 1990 to June 1994 (3 years 10 months) Manager - Marketing @ Responsible for a range of unit trusts being marketed in IFA and Capita's insurance network. Participated in the acquisition of Monitor Money a leading IFA network. From December 1986 to August 1990 (3 years 9 months) Assistant Company Secretary @ Responsible for Company Secretarial functions, including devising the accounting and tax treatment for new unit linked funds From September 1984 to March 1985 (7 months) Accountant @ Responsible for the accounting function of the Australian holding company of the Sentry Insurance Group From September 1983 to September 1984 (1 year 1 month) Auditor @ Responsible for the audit of range of companies across the insurance, investment and manufacturing sector. Key clients included Sentry Insurance and Aetna. From December 1978 to August 1983 (4 years 9 months)
Master of Business Administration (MBA), Finance, Marketing, Human Behaviour @ Australian Graduate School of Management From 1985 to 1986 Bachelor of Economics, Economics @ University of Sydney From 1978 to 1980 John Spence is skilled in: Investments, Mergers & Acquisitions, Asset Management, Due Diligence, Financial Services, Asset Managment, Banking, Private Equity, Wealth Management, Investment Banking, Mutual Funds, Financial Risk, Strategy, Portfolio Management, Capital Markets