Board of Directors

The Board of Directors has a wealth of experience in financial services globally which blends local expertise and understanding with the knowledge and experience in international markets.
Nishit Majmudar
Chairman and Director
Mr Majmudar has over 25 years of experience in finance and executive management and has worked in India, UK, Philippines, Thailand and Singapore. Mr Majmudar has held a variety of senior roles across the Asia Pacific region with Aviva, Prudential, the Monetary Authority of Singapore and Watson Wyatt. Mr Majmudar holds a Bachelor of Commerce from Bombay University and is an accredited member of the Institute of Investment Management and Research (UK). Mr Majmudar is also a Fellow of the Institute of Actuaries in London and India.
Christopher Teo
Chief Executive Officer and Director
Mr Teo is the Chief Executive Officer and Director of PIAS. Mr Teo was previously the CEO of Aviva’s joint-venture life insurance business in Vietnam whereby he was involved in its initial business start-up. Mr Teo owns a distinguished and commendable career portfolio, acquired throughout his nearly 25 years of working experience within the financial services industry and has received multiple industry awards to his name which included Best Financial Advisory Company CEO Singapore (2015), Best New Financial Advisory Company CEO Singapore (2014), Best Financial Advisory Brand CEO Singapore (2014), Thailand Prime Minister’s Award for Most Improved (2009) and Best Managed (2010) Insurance Company.
In 2008, Mr Teo was also named as a “Young ASEAN Manager - Finalist/Runner-up”; an award by the ASEAN Insurance Council in recognition of his industry contribution. Mr Teo now represents various local professional associations in various capacities including as an Exco Member of the Association of Financial Advisers, Singapore and an Honarary Member of the Financial Planning Association of Singapore.
Patrick Cunningham
Mr Cunningham has spent over three decades in the financial markets and financial services sectors. Mr Cunningham spent 17 years with BT Funds Management in funds management and money market activities. For the past 8 years Mr Cunningham has worked as a consultant to fund managers, financial advisers and accountants. Mr Cunningham has been a Director of PIAS since inception.
Edy Hartono
Mr Hartono has 14 years of experience in the financial services industry. Prior in setting up his practice with PIAS in 2005, Mr Hartono was with a major life insurance company and achieved the prestigious Million Dollar Round table from years 2000 to 2004. Mr Hartono was appointed as a Director of PIAS in February 2009. Mr Hartono has brought valuable insight and sound judgement from his considerable experience in commerce and financial advisory practice.