Mr Coremans was appointed as a Non-Independent Non-Executive Director of Etiqa Insurance Pte. Ltd. on 28 September 2023. He is the Chairman of the Investment Oversight Committee and also serves as a member of the Risk Management Committee of Etiqa Insurance Pte. Ltd.
Mr Coremans holds a Master of Business Administration Degree in International Business Finance, a Master’s degree in Actuarial Sciences and a Bachelor Degree in Applied Economics, all from Catholic University of Leuven, Belgium.
He has been active in the Insurance industry for 30 years, his entire professional career. He joined ING Insurance Belgium in 1990 where he became Deputy Director overseeing the Save- and Investment product lines both in Insurance and banking. In 1998, he was appointed as Corporate Controller in KBC Insurance Belgium and joined Ageas by the end of 2002.
At Ageas, Mr Coremans held various senior management positions in the Asian entities. He has been Executive Director and CFO of operations in Malaysia until 2007, was the CFO of IDBI Federal Life insurance company (current: Ageas Federal Life Insurance Co Ltd) in India until 2009 and was then appointed Regional CFO/CRO of Ageas Asia overseeing the finance, investment, risk, and actuarial domains for Asia region. He served as Non-Executive Director on the various Boards of operations in Belgium, Portugal, Turkey, China, India, Hong Kong, Malaysia and Thailand.
With effect from 1 July 2014, Mr Coremans joined Ageas Group Executive Committee as Chief Risk Officer and executive director of ageas SA NV, with responsibility for Compliance, Legal, Risk, Human Resources, IT and Office Support. As of June 2019, he took up the role of Chief Development Officer with responsibility for Human Resources, Business Development and Technology development. As of November 2020, he was appointed Managing Director of Asia.
Furthermore, he serves as Non-Executive Director on the boards of Ageas Federal Life Insurance Co Ltd (India), Taiping Life Insurance Company Limited (China), Muang Thai Life Assurances PCL (Thailand) and Muang Thai Holdings Co Ltd (Thailand).