The board of AB Capital and Investment Corp. welcomed a familiar name from the insurance world: Alexander Narciso, former president of Sun Life of Canada (Philippines) Inc.
Narciso brings with him decades of leadership in life insurance and financial services, having had full operational, financial and regulatory responsibility for Sun Life’s Philippine insurance business.
Under his watch, the firm posted P55.79 billion in total premiums and P10 billion in new business annual premium equivalent in 2023, earning it the top spot among Philippine insurers for 13 years running.
Narciso is credited with having reshaped Sun Life’s salesforce into a streamlined, high-performance team of around 21,000 advisors by the time of his retirement in 2023. During this period, the company earned the Trusted Brand Platinum Award in Life Insurance for 14 consecutive years. It also repeatedly produced the most ‘Million Dollar Round Table’ qualifiers nationwide.
Beyond business metrics, Narciso channels his energy into social causes. He serves as an independent trustee for both the Jesuit Volunteers Philippines Foundation and the World Surgical Foundation.
He holds a philosophy degree from Ateneo de Manila University and a master’s degree in industrial economics from the Center for Research and Communication. He is also a Fellow (with distinction) of the Life Management Institute.