Sunday, March 10, 2013

Zafri to helm Great Eastern Takaful

There have been at least two senior movements within the takaful industry.

First, Great Eastern Takaful Sdn Bhd (GETSB) has elevated Zafri Ab. Halim (photo below), appointed representative and CFO, as the new CEO for effective March 1.

He replaced Mohamad Salihuddin Ahmad who was the company’s executive director/CEO since it was officially launched in December 2010.

Second, Etiqa Insurance and Takaful CEO has resigned [see new break by The Malaysian Reserve  here], prompting the elevation of Kamaluddin Ahmad [CEO of Etiqa Insurance Bhd and head of general insurance] as actiong CEO.

Zafri was described as one of the pioneers in laying the foundation of GETSB. He was GETSB’s Chief Financial Officer in which he oversaw all financial and fiscal management aspects of the company’s operations both locally and regionally, in line with the Group’s overall strategic objectives, according to a statement from the company.

“We will pursue our main strategies in penetrating the local market with our dual agency approach and direct agency under Great Eastern Takaful Own Agency (GOA),” he said in the same statement.

GETSB, officially launched on Dec 10, 2010, is a joint venture company between I Great Capital Holdings Sdn Bhd (i-Great), a subsidiary of Great Eastern Holdings Limited and Koperasi Angkatan Tentera (M) Bhd (KATMB).

Zafri holds a Master of Science in Project Management from George Washington University, USA, as well as a Bachelors Degree in Accountancy. He is a member of Malaysian Institute of Accountant (MIA) and a certified Chartered Accountant, according to the statement.