WASHINGTON, D.C.―The U.S. Chamber of Commerce’s U.S.-Korea Business Council (USKBC) announces today that Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited and Chubb Group, has been elected Chairman of the USKBC, effective January 1, 2024.
“The U.S. Chamber of Commerce welcomes Evan Greenberg as the new Chairman of the USKBC. We look forward to working with him to strengthen U.S.-Korea economic and business ties and elevate the council’s work to new heights,” said Charles Freeman, the U.S. Chamber Senior Vice President for Asia.
“I am confident that his leadership, vision, and extensive international business experience in Asia will bring immense value to his role as incoming USKBC Chairman.”
“I am honored to accept the appointment at this moment in U.S.-Korea relations as the two countries celebrate the 70th anniversary of the alliance and expand collaboration to address shared challenges with a strong focus on our economic partnership,” Greenberg said. “As USKBC Chairman,
I look forward to promoting improved bilateral trade and investment conditions and seeking opportunities to expand cooperation in key areas such as digital, global health, and climate change and energy transition.”
Evan Greenberg serves as Chairman and Chief Executive Officer of Chubb Limited. He was elected President and Chief Executive Officer in May 2004 and Chairman of the Board of Directors in May 2007. Over the course of four decades in the insurance industry, Greenberg has held various leadership positions and gained significant insight in the global property, casualty and life insurance sectors. Previously, he spent 25 years at American International Group (AIG), where he was Chief Executive Officer of AIG Far East and later served as President and Chief Operating Officer. Under his leadership, Chubb successfully acquired life and non-life insurance companies in six Asia-Pacific markets including LINA Korea, the first foreign life insurance company in South Korea. Greenberg will serve a two-year term (2024-2025), succeeding outgoing USKBC Chairman Octávio Simões, President and CEO of Tellurian Inc.
The U.S. Chamber thanks Tellurian Inc. and its President and CEO Octávio Simões for his excellent leadership, counsel, and commitment to the USKBC mission in advancing private sector engagement with U.S. and Korean government officials in his role as USKBC Chairman from May 2021 to December 2023.
About the U.S.-Korea Business Council
The USKBC is comprised of leading U.S. companies operating in Korea and is the primary U.S.-based business organization promoting strong economic ties between the two countries. The USKBC ensures that the U.S.-Korea Free Trade Agreement continues to deliver benefits to both economies and works to promote policies that support expanded bilateral trade and investment, innovation, and private sector-driven growth in both economies.