Mark Tucker will lead the board of the $90 bln Hong Kong insurer he once ran. That may seem like a backward step. But it's an appealing role for someone with so much China experience. And his willingness to shake things up,

AIA Group has announced that Edmund Sze-Wing Tse, independent non-executive chairman and independent non-executive director, will retire, effective September 30.

HSBC’s longtime chair Sir Mark Tucker will step down in September to become non-executive chair of Hong Kong-based insurer AIA. Tucker, who has served as chair of the UK-headquartered bank for nearly eight years, had said last month he would retire from the board.