The Philippine Star
October 30, 2025 | 12:00am
MANILA, Philippines — The boardroom of AB Capital and Investment Corp. has welcomed a familiar name from the insurance world: Alexander Narciso, former president of Sun Life of Canada (Philippines) Inc., whose appointment as independent director was just approved by the Bangko Sentral ng Pilipinas.
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 (NBAPE) in 2023, earning it the top spot among Philippine insurers for 13 years running.
He is also credited with having reshaped Sun Life’s sales force into a streamlined, high-performance team of around 21,000 advisors by the time of his retirement in 2023. Over this period, the company earned the Trusted Brand Platinum Award in Life Insurance for 14 consecutive years and 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 also holds a philosophy degree from Ateneo de Manila University, a master’s in industrial economics from the Center for Research and Communication, and is a fellow (with distinction) of the Life Management Institute.