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.