Etiqa Insurance & Takaful

#Thailand’s Islamic bank doubles branches; #Cambodia gets #takaful option

Islamic finance is making further foray in non-Muslim countries in Southeast Asia. The Islamic Bank of Thailand (branded as IBank) announced it will more than double its branches. Etiqa Insurance & Takaful, the insurance division of Malaysian banking group Maybank, has been granted an operation licence in Cambodia. IBank plans to add 60 more branches to its network to reach 100 outlets nationwide. The branch expansion aims not only at increasing the share of Muslim customers of Ibank and support Muslim career development by creating new banking jobs, but also at attracting foreign investors, particularly from the Middle East.

Etiqa gives RM1mil to buy ventilators

Etiqa is contributing RM1mil for the purchase of ventilators through Mercy Malaysia’s Pandemic Fund to support strategic preparedness and response plan to the Covid-19 virus. This initiative will also help ensure all communities are well prepared, especially those with the weakest health systems. With the number of people infected with Covid-19 increasing in Malaysia, the number of ventilators available at designated hospitals will be insufficient to deal with the number of critical cases. Etiqa Insurance & Takaful Group CEO Kamaludin Ahmad feels obligated to help the country battle Covid-19 and hopes that this contribution will mean that no patient will have to be denied lifesaving care due to ventilator shortage.

Area Manager - Bancassurance

· Plan, develop, promote and grow the Banca Business portfolio at the region by developing short and long term strategies, offering value added solution for the customers and ensuring the effective implementation of new business opportunities while retaining and growing existing account and executing retention strategies.
· Guide the Retail Insurance Managers towards providing excellent service and enhance service delivery to all customers touch-point.
· Assist Retail Insurance Managers in managing Insurance & Takaful Banca Business of Maybank Banca in the Region and deliver the Top line & PBT of the respective domains through sales and campaigns.

Takaful: Head, Corporate Direct

Execute and implement the marketing activities by managing the operational and financial aspects and providing support to the Departmental Head of Corporate Direct & Maybank GWB in accordance with the Etiqa Insurance & Takaful business objectives. Execute to achieve underwriting results according to the planned strategy. [...]

Ahmad Rizlan is Etiqa Takaful CEO

Ahmad Rizlan was apoointed as the new CEO of Etiqa Takaful Bhd by Etiqa Insurance & Takaful. The new CEO has to report to the CEO of Etiqa Insurance & Takaful since the latter is responsible for the entire insurance and takaful group. Rizlan will be in charge of leading the takaful business in Etiqa including the performance of Etiqa Takaful here and regionally.

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