MediCard Philippines, Inc. has named Julian Mengual as its new chief executive officer (CEO).

Mengual, who has also been the Medicard’s deputy CEO since March this year, succeeded Nicky Montoya.

“We are thankful for the many contributions of Dr. Montoya that has brought MediCard to where it is today. He leaves behind an incredible legacy that gives us a very strong foundation to build on,” Kelvin Ang, AIA Philippines CEO said in a statement.

To recall, MediCard was fully acquired by the AIA Group last March.

Under Montoya’s term, MediCard has risen to become one of the leading health maintenance organizations in the country, providing healthcare services to more than 920,000 members across corporate and individual plans.

“We look forward to working with Julian as we continue to make healthcare more accessible, affordable, and effective in the Philippines. Together, we will continue to fulfill our mission of helping Filipinos live Healthier, Longer, Better Lives,” Ang said.

For his part, Montoya said he had spent the past few months working closely with Julian, thus he is confident “I am leaving MediCard in the capable hands of someone who understands the needs of the business.”

“I trust that under his leadership and in close collaboration with the rest of the senior leaders in MediCard, my father’s legacy will reach greater heights,” he said.

Mengual brings with him 25 years of extensive knowledge and experience in the healthcare and financial industries.

Prior to joining MediCard, Mengual was the CEO for Asia Health Markets and Regional Health Solutions APAC of Cigna Hong Kong, a multinational healthcare and insurance company, where he was responsible for the businesses in Hong Kong, Thailand, Indonesia, and Australia.

He also spent many years leading executive strategic roles in Asia at Cigna.